Spot XRP (CRYPTO: XRP) ETFs have attracted more than $1.4 billion in cumulative inflows since launching in late 2025, yet XRP plunged 52% over the past year.

Investors are now wondering why institutional adoption hasn’t translated into higher prices.

Why ETFs Have Not Moved The Price

Despite the strong launch, ETF holdings still represent only about 1.3% of XRP’s circulating supply. For an asset with a market capitalization measured in billions of dollars, that level of ownership is meaningful but not large enough to create a major supply shock.

ETF flows also influence prices indirectly rather than mechanically.

When new shares are created, XRP is purchased and transferred into custody,…

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