XRP Tumbles Below $1.50 as $18 Million ETF Inflows Fail to Stem Selloff

XRP's rally ran out of steam on Thursday, with the token sliding back under $1.50 after briefly topping $1.66 earlier in the week. The pullback came despite another day of steady buying by US-listed spot exchange-traded funds, which pulled in roughly $18 million in fresh capital.

The reversal highlights a familiar dynamic in crypto markets: institutional accumulation through regulated products can be easily overwhelmed by profit-taking among spot holders sitting on large unrealized gains. On-chain data suggests a wall of selling interest had been building in the $1.60 to $1.66 range, where roughly 2.5 billion XRP had previously changed hands.

Crypto analyst Ali Martinez had flagged that zone as a critical resistance cluster before the move, warning that many holders would look to reduce positions if momentum stalled. The token managed to pierce the level but failed to hold it as support, triggering an acceleration of sell orders that pushed prices lower.

Data from SoSoValue shows spot XRP ETFs attracted $18.04 million in net inflows on September 23. Bitwise's XRP fund led the way with $11.54 million, while Franklin Templeton's competing product added $6.50 million. That followed roughly $20 million in inflows during the previous session.