Despite experiencing significant volatility recently, XRP has not fallen below $1.54 during its attempts to improve its price. Those investing in Ripple ETFs appear undeterred by the broader market crash.

Reports from SoSoValue highlight that Ripple ETFs ended the week positively in terms of performance, even as XRP faced some of its toughest challenges.

XRP ETFs Continue to Attract Investors

Last Friday, investors withdrew nearly $93 million from XRP ETFs, marking one of the largest outflows since their launch. However, recent data indicates modest returns of $19.46 million on Tuesday, $4.83 million on Wednesday, and $15.16 million on the following Friday.

Cumulatively, net inflows for XRP spot ETFs increased from $1.18 billion to $1.22 billion, indicating a gain of around $40 million.

The spot ETH ETFs lost approximately $170 million, while BTC counterparts saw a decrease of $358 million during the same timeframe.

XRP Price Volatility

The past week was tumultuous for the cryptocurrency sector, with XRP experiencing extreme price fluctuations. It fell from $1.75 to $1.50 on January 29.

The asset then saw a dramatic rise, regaining 40% to reach $1.54, although it struggles to hold above $1.40 now. Clearly, the ETF investors weren’t responsible for these drastic price movements in XRP.

XRP Price Chart

This chart depicts the fluctuations in XRP prices over the recent period, providing insights into its recovery trajectory.

This fluctuation serves as a reminder of the unpredictable nature of cryptocurrency investments.