XRP (Ripple), Crypto Bill Delayed... Will ETF Inflows Break $1.1?

▲ XRP/AI generated image

The demand for XRP spot ETF funds is emerging more strongly as a key variable determining the direction of XRP price, rather than the US crypto market structure bill (CLARITY).

According to crypto media outlet Coingape on June 30 (local time), XRP traded near $1.04 at the end of June 2026, approaching the key support level of $1. Compared to its cycle high of $3.66 recorded in July 2025, it remains significantly lower. Coingape reported that XRP fell about 5% on a weekly basis, Bitcoin (BTC) dropped below $60,000, and Ethereum (ETH) moved below $1,600.

The variables the market is focusing on are the US crypto market structure bill and the US XRP spot ETF. The US crypto market structure bill aims to more clearly divide the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), and present registration options and disclosure regulations for crypto companies. Coingape analyzed that while this bill could alleviate regulatory uncertainty for XRP, it might not be a direct driver of buying demand in this current phase.

Regulatory clarity is a significant variable for XRP, which has carried a discount factor since the Ripple lawsuit. However, as the Senate has recessed until July 13, the timing of its processing remains unclear. Senate Banking Committee Chairman Tim Scott and Republican Senate Minority Leader John Thune have expressed their intention to push for a vote in July, but the market is still cautiously viewing the possibility of the bill's passage, and consultations with industry stakeholders are ongoing.

Actual fund inflows have been confirmed for XRP spot ETFs. According to SosoValue data, US XRP spot ETFs recorded a net inflow of $15.34 million on June 29 alone. Cumulative net inflows totaled $1.48 billion, and total trading volume was $12.5 million. Bitwise led the demand, attracting $11.94 million and 11.18 million XRP, while Canary recorded a net inflow of $3.4 million and 3.19 million XRP. Bitwise's net assets were $312.3 million, surpassing Canary's $243.9 million. Franklin had no daily net inflow but maintained cumulative net inflows of $410.35 million, and 21Shares and Grayscale also did not record new daily net inflows.

In the technical analysis, the $1 support level and $1.10 resistance level were presented as short-term turning points. Coingape explained that XRP remained near $1.0437 on the 4-hour chart, and its failure to recover the $1.10 resistance led to continued bearishness. If $1 breaks, selling pressure could intensify, with the next bearish zone suggested around $0.95. Conversely, if $1.10 is recovered first, the possibility of re-entering $1.15 opens up, and a strong breakthrough of $1.15 could lead to an upward move to $1.20, according to the analysis.

The indicator flow is closer to limited recovery than a clear reversal. The MACD histogram showed early signs of recovery by turning slightly positive, but both MACD lines remained below the zero line. The Relative Strength Index (RSI) was 43.57, indicating weak momentum. Coingape pointed out that XRP's next direction will be determined by both the sustained inflow of ETF funds and enhanced regulatory clarity.

[Article Key Summary]

-The key variable for XRP price is narrowed down to the inflow of XRP spot ETF funds, which demonstrates actual demand, rather than the US crypto market structure bill.

-US XRP spot ETFs recorded a net inflow of $15.34 million on June 29, with cumulative net inflows totaling $1.48 billion.

-Technically, XRP is testing its direction between the $1 support level and the $1.10 resistance level, and whether it breaks $1.15 is presented as key to re-entering $1.20.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*

XRP (Ripple), Crypto Bill Delayed... Will ETF Inflows Break $1.1?

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