XRP ETF Inflows Stagnate Despite Institutional Interest

XRP ETFs recorded a net inflow of $2.25 million over the past five days. While this represents a slight increase from the previous week, the total volume remains far below the levels seen in mid May. Nearly all of last week's activity occurred on a single Thursday, with the remaining four trading days showing zero reportable inflows.

Institutional interest is present, as evidenced by major firms like Morgan Stanley disclosing their exposure to the asset. However, this has not translated into consistent trading activity. In total, six of the last ten business days saw no movement at all, leaving the cumulative net inflows relatively flat.

The price of XRP is currently struggling to maintain support above $1.00 after recently failing to hold $1.10. Technical indicators show a mix of higher network activity alongside cooling investor sentiment. Traders should monitor the high open interest, as it could lead to significant price swings in the near future.