XRP’s 15-week low puts ETF inflows to the spot-market test

Summary

XRP is showing a sharp gap between bullish flow data and weak price control. Spot XRP ETFs have kept drawing money, with cumulative net inflows around $1.4 billion, and late-May exchange data showed about 25 million XRP leaving exchanges after a prior inflow. Normally that would suggest accumulation and reduced sell-side supply. But XRP still fell to the low-$1.30s, near a 15-week low, showing sellers continue to set the marginal price. The key issue is that ETF inflows add capital to regulated products, but do not guarantee immediate buying pressure on spot exchanges. Exchange outflows also do not erase earlier inflows to exchanges or prove strong demand. Thin liquidity, heavy derivatives activity, and weak spot conviction appear to be dominating price action. A move back above $1.34 would signal buyers are absorbing supply; losing $1.31 would reinforce that XRP can attract inflows without bulls controlling the market.