Last week, XRP fell 5% to $1.03, underperforming Bitcoin, Ethereum, and Solana, which saw gains of 1% to 4%, despite XRP ETFs attracting inflows for the fourth consecutive week.
Last week, XRP ETFs saw a 93% drop in inflows, plummeting to approximately $1 million, while Bitcoin and Ethereum funds attracted hundreds of millions of dollars. Analysts attribute XRP's underperformance primarily to regulatory uncertainty, with the Senate's deliberation on the CLARITY Act now postponed until at least mid-September.
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Source:CoinDesk · Source Link
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