Ripple ETF Sees $2.3 Billion Inflow, XRP Price Maintains Around $1.35

The cumulative net inflow of Ripple (XRP) spot ETFs has reached approximately $1.68 billion (about 2.3 trillion KRW), yet the price of XRP has remained around $1.35. The inflow of ETF funds has not translated into a price increase. CryptoSlate presented a bullish scenario of $2.14 for Ripple's 90-day model by the end of November, with a median of $1.47 and a bearish scenario of $1.05. As of June 15, the historical net inflow for Bitwise's XRP ETF was $474 million (about 651.3 billion KRW). As of September 2, the U.S. Ripple spot ETF recorded a net inflow for 11 consecutive trading days, amounting to approximately $170 million (about 233.6 billion KRW). On the same day, XRP traded at $1.33, and despite the cumulative inflow into the ETF, the price was far from the bullish scenario. A spot ETF is an exchange-traded fund designed to track the price of its underlying asset, and the net inflow is the amount of money that has come into the fund minus the money that has exited. According to data from the U.S. Commodity Futures Trading Commission (CFTC), the CME Ripple futures and options open interest stands at 7,783 contracts, with leveraged funds holding 892 long contracts and 3,206 short contracts. The U.S. Securities and Exchange Commission (SEC) announced that it would resolve the civil enforcement case with Ripple through a settlement agreement to withdraw the appeal by August 7, 2025. As of September 2, XRP's market capitalization was approximately $84.3 billion (about 115.8 trillion KRW), ranking fifth in market cap.

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