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XRP ETF Inflows Reach $38M as Price Tests $1.60 Resistance

US spot XRP exchange-traded funds drew approximately $38 million in inflows over two trading sessions, with Bitwise leading the way. XRP has recovered to $1.56 but faces selling pressure near the $1.60 level.
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XRP ETF Inflows Reach $38M as Price Tests $1.60 Resistance

US spot XRP exchange-traded funds attracted around $38 million in inflows across two consecutive trading sessions, signaling renewed investor interest in the asset class.

XRP ETFs received $14.89 million in net inflows on September 24, following $23.17 million in the previous session. Bitwise's fund led the latest daily inflows with $9.91 million, while Franklin Templeton contributed $4.98 million. The five listed XRP ETF products now hold a combined $1.70 billion in assets, with cumulative net inflows reaching $1.76 billion.

Bitwise's XRP holdings grew to 401.42 million tokens as of September 23, up 14.18 million from two days earlier, valued at approximately $613.89 million.

Price Action and Key Levels

XRP traded near $1.56 at the time of reporting, having gained approximately 2% during the session. The cryptocurrency has recovered from recent lows and remains above key support levels that facilitated its rebound.

The next significant resistance level sits around $1.60. The price has approached this area on multiple occasions but has faced consistent selling pressure that prevented it from sustaining gains above this threshold.

A break above the $1.60 to $1.65 range would indicate sustained buyer control and could allow for further recovery. On the downside, $1.50 represents the nearest support level to monitor. If XRP holds above this level, it would help preserve short-term momentum. A drop below $1.50 could weaken the recovery and potentially push the price toward $1.43.

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