XRP Surges 5% Amid $18.99M ETF Inflows, But Futures Open Interest Declines
XRPUSDT experienced a 5.07% price increase in the last 24 hours, rising from 1.8238 to 1.9163 USDT, largely driven by notable net inflows into XRP spot ETFs totaling $18.99 million and accumulated ETF inflows exceeding $1.03 billion. Despite this strong ETF demand, XRP futures open interest declined sharply, reflecting retail position closures and a broader risk-off sentiment in the cryptocurrency market. Recent trading has been volatile, with XRP reaching a high of 1.9083 and a low of 1.7711 on Binance, and total 24-hour volume across major exchanges remaining elevated. Market sentiment remains cautious, as XRP’s price fluctuates near key support levels and overall volatility is estimated at 7.75% today.
