XRP is trading at $12.10, down 3.4% today, as the asset pulls back from recent highs amid a broader downturn in the cryptocurrency market.
- The decline follows a period of significant momentum where the Bitwise XRP ETF surpassed the $500 million milestone, reaching $501.15 million in cumulative net inflows as of July 7, 2026.
- Today's price action aligns with weakness across the digital asset sector, with major coins like Bitcoin and Ethereum also trading lower, suggesting widespread profit-taking.
- Despite the daily dip, the recent surge in ETF inflows highlights sustained institutional interest in the token prior to the current market-wide cooling.