XRP ETF Inflows Continue as Price Drops 40%
XRP funds saw inflows again in July, but the spot price is still under pressure. Demand for altcoin ETFs is growing, while Solana and Bitcoin/Ethereum dominate the flow of capital.

Key Takeaways
- XRP ETFs pulled in $27.29 million in July, marking the fourth straight month of net inflows.
- Even with nearly $1.5 billion in cumulative inflows, XRP is still around $1.08, about 40% lower than at the start of the year.
- Selling pressure and weak technical signals are keeping the price behind, while Bitcoin and Ethereum funds continue to dominate the market.
XRP ETFs kept attracting new money in July, but the token’s price is still stuck behind. Despite a fourth consecutive month of net inflows, XRP is trading near $1.08 (€0.94), roughly 40% below where it began the year, while the wider crypto market remains under pressure as well.
Fourth Straight Month of Inflows
The XRP-backed exchange-traded funds brought in $27.29 million (€23.8 million) in July. That lifts cumulative inflows to almost $1.5 billion (€1.3 billion), the largest total among altcoin products. Since April, the funds have stayed in positive territory almost every month, with $81.59 million (€71 million) in April, $131.94 million (€115 million) in May, $59.46 million (€51.8 million) in June, and another $27.29 million (€23.8 million) in July.
The pace of inflows clearly slowed in July, but demand still held up. Even with the cooldown, XRP continued to draw capital while several smaller altcoin funds failed to post any net inflows last month.
Why the Price Is Falling Behind
So far, ETF demand has not been enough to lift the price. One factor weighing on the market appears to be a specific seller: Grayscale CEO Peter Mintzberg filed to sell XRP ETF shares he already owned before the fund went live. He priced the sale at $20.45 (€18) per share, about half of what earlier Grayscale insiders received in January.
The chart also does not offer much support. XRP recently reached its most oversold level on record, but traders are still divided on whether the sell-off has run its course. That fits a broader pattern in crypto, where institutional inflows do not always show up in spot prices right away.
What This Means for Europe
For European crypto investors, the takeaway is that ETF inflows and price action can move in very different directions, even for a major altcoin like XRP. The launch of XRP ETFs in late 2025 came alongside more clarity around crypto exchange-traded products, including new SEC guidance on generic listing standards. That may help the market structure around altcoin products mature, even if the effect is not showing up in the spot price yet.
Capital is still flowing toward the biggest names. Solana funds have taken in about $1.15 billion (€1 billion) since launch and reclaimed the No. 2 spot in July, while Hyperliquid funds posted their first net outflows in July after a strong stretch. Bitcoin and Ethereum funds still lead the category, with July inflows of $172 million (€150 million) and $365 million (€318 million), respectively.