XRP Falls Behind as Crypto Market Rebounds and ETF Demand Grows

XRP declined roughly 5% last week, underperforming the broader crypto market as Bitcoin, Ether and Solana posted gains.

The payments-focused token fell to around $1.03, while Bitcoin, Ether and Solana each advanced between 1% and 4%. The overall crypto market rose 1.4%, lifting its total capitalization to about $2.19 trillion. XRP is currently trading near $1.03.

The weakness is notable because XRP exchange-traded funds continued to attract investor money for a fourth straight week. However, inflows slowed dramatically, plunging about 93% from the previous week to roughly $1 million, according to SoSoValue. By comparison, Bitcoin and Ether ETFs attracted hundreds of millions of dollars.

Traders and analysts on X and other platforms have cited several factors behind XRP’s lackluster performance. Regulatory uncertainty remains a major concern, particularly after the U.S. Senate postponed consideration of the CLARITY Act. The legislation is widely seen as important for providing greater clarity around XRP’s regulatory status and potentially encouraging wider institutional adoption. A Senate vote is not expected before mid-September at the earliest.

From a fund-flow perspective, the market currently appears relatively balanced.

“XRP’s positioning looks patient in its own right, with order flow staying large even as volume metrics turn neutral — quiet absorption rather than capitulation or a confirmed breakout,” said Iliya Kalchev, an analyst at Nexo, in an email.

Despite the recent weakness, longer-term expectations for XRP remain optimistic.

Jake Claver, a qualified family office professional and chairman of Digital Ascension Group, a multi-family office specializing in digital assets, believes XRP could eventually take on a more significant role in the global financial system.

“XRP is looking more and more like it will claim its spot as a global bridge asset and possibly be recognized by the BIS as tier-one asset in the future,” Claver said, referring to the Bank for International Settlements and its highest capital classification for highly liquid and stable assets held by banks.