XRP Today News: ETF inflows slow down, Whale selling may trigger a drop below $2.2

XRP fell below $2.2 as the inflow of funds into the XRP Spot ETF slowed, overshadowing market expectations of a Federal Reserve rate cut in December. On November 26, the U.S. XRP Spot ETF market achieved nine consecutive days of inflows, with four ETF issuers reporting a net inflow of $21.81 million, but significantly down from the previous trading day's $35.41 million. XRP shows a bearish tendency, with a support level at $2.

XRP Today's News: ETF funds inflow shrinks by 38%, demand weakens

On November 26, the US XRP Spot ETF market achieved capital inflow for the ninth consecutive trading day. Four ETF issuers reported a net inflow of $21.81 million, following a net inflow of $35.41 million on the previous trading day. Due to the Thanksgiving holiday, the Spot ETF will be closed on Thursday, November 27. It is worth noting that since the launch of the Canary XRP ETF (XRPC) on November 14, the XRP Spot ETF market has accumulated a net inflow of $643.92 million.

Capital inflow shrank from $35.41 million to $21.81 million, a decline of 38.4%, which is a worrying signal. ETF funds have flowed in for nine consecutive days, highlighting institutional investors' interest, but weak demand also indicates uncertainty in the XRP spot ETF market. This decline in inflow may reflect several factors: first, the initial novelty demand has been met; second, investors may be waiting to make decisions after more ETF products are launched; third, the weak performance of XRP's price may undermine investor confidence.

With the advantage of being the first to enter the market, XRPC leads by a wide margin, with a net inflow of funds reaching $334.59 million, most of which came from the first day of trading ($243.05 million). In contrast, the Franklin XRP ETF (XRPZ) has seen a net inflow of $74.54 million since its launch on November 24. Given that Franklin Templeton ranks 19th on the asset management scale for ETF issuers, analysts previously anticipated XRPZ would take the lead. Franklin Templeton's ETF assets under management amount to $43.94 billion, while Canary's ETF assets under management are only $349 million, ranking 153rd.

XRP Spot ETF fund inflow data

Total inflow: 643.92 million USD (since the launch on November 14)

XRPC: 334.59 million USD (first day 243.05 million USD)

XRPZ: 74.54 million USD (launched only a few days ago)

November 26: $21.81 million (a decrease of 38.4% from the previous day)

It is crucial that the decrease in funds flowing into the XRP Spot ETF may lower market expectations for the launch of the BlackRock iShares XRP Trust. The lack of this ETF giant in the Spot XRP market may limit market development. BlackRock has played a key role in the success of BTC Spot and ETH Spot ETF markets. Notably, the launch of the iShares XRP Trust would indicate a strong demand outlook, which is a bullish price signal. Since its inception, the iShares Bitcoin Trust (IBIT) has seen a net inflow of $62.68 billion, while the Fidelity Smart Origin Bitcoin Fund (FBTC) has only seen a net inflow of $11.96 billion.

The Federal Reserve (FED) interest rate cut expectations boost BTC, XRP performance lags behind

Despite the flow of funds from the XRP Spot ETF causing the XRP price to fall, market expectations for a rate cut by The Federal Reserve (FED) in December continue to rise, driving demand for BTC and the entire market. According to the CME FedWatch tool, the probability of a rate cut in December increased from 39.1% on November 20 to 86.9% on November 27, boosting demand for risk assets.

On Thursday, November 27, Bitcoin rose by 0.93%, consolidating its trend of returning to the $90,000 level after falling to a low of $80,523 on November 21. The recovery in Bitcoin's price can be directly attributed to the market's rebound in expectations for a rate cut by The Federal Reserve (FED), which has rekindled demand for Bitcoin Spot ETF. The inflow of funds into Spot ETF remains a major driver of the prices of XRP and BTC.

However, the Federal Reserve's interest rate cut expectations pushed Bitcoin prices to break through $90,000, but XRP performed poorly as whales took profits and technical indicators also showed a bearish outlook. The launch of four Spot ETFs coincided with the market betting again that the Federal Reserve would cut interest rates in December. These market factors drove the price of XRP up from a low of $1.8239 on November 21 to a high of $2.2870 on November 24. Although the expectations for interest rate cuts still exist, the inflow of funds into Spot ETFs has decreased, causing the price of XRP to fall below the key $2.20 level.

XRP was unable to recover the lost ground in the second half of 2025, as whales continued to take profits during key market events, limiting its upside potential. Such whale behavior is not uncommon in XRP's history, as a large number of holders choose to cash out after each significant positive news announcement.

XRP Technical Analysis: $2.35 Target vs $1.8 Crash Risk

(Source: Trading View)

XRP fell by 1.03% on November 27, erasing the previous day's gain of 0.97%, closing at $2.2001. The token underperformed compared to the broader market, which rose by 0.39%, and continued its downward trend in early trading on Friday, November 28, falling below $2.2. Thursday's reversal has left XRP well below the 50-day and 200-day exponential moving averages (EMA), indicating a bearish tendency.

In a bullish scenario, if XRP Spot ETF fund inflows are strong, blue-chip companies purchase XRP as treasury reserve assets, and Ripple obtains a charter bank license in the U.S., breaking through the resistance level of 2.2 USD could pave the way to challenge the high of 2.2870 USD on November 24. If it can continue to break through 2.2870 USD, bulls may test 2.35 USD and the 50-day moving average. After breaking the 50-day moving average, the upward trend line will become clearly visible.

In terms of a bearish scenario, if the XRP Spot ETF reports net outflows, the U.S. Senate opposes legislation favorable to cryptocurrencies, and blue-chip companies downplay their interest in XRP as a treasury reserve asset, it could lead to the XRP price falling to $2.0. After falling below $2.0, the support level at $1.9112 will become the next key support level. If this support level is breached, the downward trend line and the low point of $1.8239 on November 21 will become the next key support level.

The US stock market will reopen on November 28 (Friday) after the Thanksgiving holiday, at which time the XRP Spot ETF will become the focus of the market. If the Federal Reserve adopts a more dovish policy stance, it may boost demand for the Spot ETF, thereby driving the XRP price towards $2.35. However, considering the market's reaction after the House submitted the bill to the Senate in July, the progress of the market structure bill remains crucial. After the House vote, XRP surged by 14.69% on July 17. The next few weeks may determine whether XRP decouples from BTC and returns to $3.0.