XRP ETF Inflows Buck Crypto Rout as Token Price Continues Downward Trend

XRP's recent performance has been marked by mixed signals, as spot exchange-traded funds (ETFs) continue to attract net new money while the token itself struggles to maintain its price.

According to recent data, XRP ETFs have pulled in roughly $1.47 billion over the past eight weeks, with nearly $60 million flowing in over the past month alone.

This divergence has caught the attention of institutional desk traders, who see the token being accumulated during a broad crypto rout rather than dumped.

The price itself, however, tells a more complicated story. XRP has been trending downward since June, touching its lowest level in nearly two years at $1.009 on June 26.