XRP ETFs post largest weekly inflow of 2026 ($55.7M) while on-ledger volume remains low and price shows bearish patterns

XRP Ledger shows higher transaction counts but low total value transferred (~562 million XRP in 24 hours), indicating many small transactions or internal shuffles rather than large capital inflows. Institutional demand from XRP spot ETFs appears to be occurring off-chain via custodial structures and has not driven on-ledger volume. Price action is weak, trading below the 100 EMA and moving sideways/down with rebounds that lack follow-through, leaving XRP neutral-to-brittle. A sustained increase in on-chain volume would likely be needed for spot-driven re-pricing.
AI Analysis
On-chain metric: total transferred ≈562M XRP in 24h while transaction counts rise, implying small or internal transactions rather than large capital flows; ETF inflows are occurring off-chain via custodial structures so institutional demand hasn't translated to on-ledger volume; price is trapped below the 100 EMA and exhibiting weak, non-confirming rebounds — these facts support a slightly bearish, low-to-moderate market impact assessment.