XRP News Today: XRP ETFs Fuel $628M Inflows, Yet Price Stalls at $2.60 Resistance

Ripple's XRP price has shown signs of fragility despite a surge in institutional interest driven by newly launched exchange-traded funds (ETFs) and regulatory milestones for its stablecoin, RLUSD. The recent approval of multiple spot XRP ETFs in the U.S. has failed to sustain a bullish momentum, with the cryptocurrency rebounding from a critical $2 support level but struggling to break above $2.60 resistance. The ETFs, including offerings from Bitwise, 21Shares, Franklin Templeton, and Grayscale, have injected over $628 million in assets under management since late November, according to market data. However, XRP's price remains 15% below its peak a month ago, reflecting lingering bearish sentiment amid broader macroeconomic uncertainties.

The U.S. Securities and Exchange Commission (SEC) has expedited approvals for XRP ETFs, with Bitwise's product launching on the NYSE and 21Shares' TOXR ticker debuting on Cboe BZX. These products, including , along with existing offerings like Canary XRP ETF and Grayscale's GXRP, have expanded institutional access to XRP, offering fee structures ranging from 0.34% to 1.89%. Analysts argue that the ETFs could catalyze long-term adoption by legitimizing XRP as a regulated asset, but near-term volatility persists as the market digests the influx of capital. Technical indicators suggest accumulation by buyers, yet the price remains trapped in a multi-month consolidation phase.

Parallel regulatory developments in the UAE have bolstered XRP's ecosystem. Ripple's RLUSD stablecoin, which is fully backed by U.S. dollars, has been designated an "Accepted Fiat-Referenced Token" by Abu Dhabi's Financial Services Regulatory Authority (FSRA). This approval enables ADGM-licensed institutions to use RLUSD for payments and collateral, enhancing its utility in cross-border transactions. The stablecoin's market capitalization has surpassed $1.2 billion, leveraging its dual regulatory status under the New York Department of Financial Services (NYDFS) and FSRA. RLUSD's adoption is expected to drive demand for XRP, as the token is used for gas fees on the XRP Ledger (XRPL).

Despite these positives, XRP's price trajectory remains uncertain. Market data shows a 26% surge in 24-hour trading volume to $6.12 billion, but the coin's fully diluted valuation of $213 billion lags behind its historical peak. Analysts highlight the importance of institutional inflows, with $164 million in daily net inflows reported in late November. However, macroeconomic headwinds have dampened speculative momentum, including broader market corrections and Bitcoin's recent dip below $85,000.

Looking ahead, price predictions for XRP vary widely. Short-term targets hinge on breaking the $2.60 resistance level, while long-term forecasts project a potential rise to $5 by 2025 and $26.50 by 2030, contingent on sustained institutional adoption and macroeconomic stability. The interplay between ETF inflows, regulatory clarity, and RLUSD's growth will likely determine whether XRP can transition from a volatile altcoin to a core component of institutional portfolios.