XRP slipped back to $1.32 even as U.S.-listed spot ETFs kept pulling in cash and Ripple widened its Wall Street footprint, underscoring that institutional adoption is not yet translating into sustained price strength.
XRP Falls to $1.32 Despite ETF Inflows
The token fell from $1.53 to a weekly low of $1.32 before recovering to about $1.37 on Tuesday, leaving it well below the short-term level traders are watching at $1.40. That matters because XRP’s market value is still close to $88 billion, so even modest percentage gains require a large and durable wave of new capital.
Fresh ETF demand is still building. U.S.-listed spot XRP funds took in $8 million on Thursday, lifting cumulative inflows to $1.8 billion since launch, according to SoSoValue data cited by FXStreet. Ripple is also pushing deeper into market infrastructure through Ripple Prime, which now provides financing for leveraged ETFs, a business tied to a market of 593 funds managing more than $256 billion.
For investors, the split screen is the key story: institutions are buying the wrapper, but the underlying token remains under pressure. XRP’s relative strength index is still in weak territory and the price is hovering near its 100-day and 200-day moving averages, suggesting buyers have not yet re-established a convincing trend despite the steady ETF bid.
That leaves the October 2026 outlook dependent on whether ETF inflows and Ripple’s brokerage expansion can overcome a market that has repeatedly sold rallies. A clean daily close above $1.40 would be the first sign of traction; until then, XRP looks like a large-cap crypto asset with institutional interest, but not yet institutional conviction.
| Entity | Gains | Losses |
|---|---|---|
| XRP ETF issuers | ▲New inflows | ▼Weak spot price action |
| Ripple / Ripple Prime | ▲Wall Street reach | ▼Near-term token lift |
| Long-term XRP holders | ▲Broader institutional access | ▼Trading momentum |
| Short-term sellers | ▲Range-bound volatility | ▼If $1.40 breaks higher |
