XRP is trading at $1.14, up 0.25% intraday but nearly 9% over the past seven days. Market capitalization stands at $71 billion, with $1.24 billion in 24-hour volume. A near-double-digit weekly gain for an altcoin signals genuine buyer accumulation underneath the surface.
Spot ETF Inflows Run Eight Straight Weeks, Accumulating $1.49B
Per SoSoValue data, XRP spot ETFs have recorded net inflows for the eighth consecutive week, bringing the cumulative total to $1.49 billion. The latest daily inflows were $17.19 million and $12.74 million, respectively. Instead of pulling back during price consolidation, institutions keep adding positions steadily. The net inflow now accounts for 8.73% of total assets under management — a relatively high ratio among crypto ETFs.
Ripple Wins CSSF License, Becomes Fully MiCA-Compliant
On July 6, 2026, Ripple announced it received a Crypto Asset Service Provider (CASP) license from Luxembourg's financial regulator CSSF. This approval makes Ripple fully compliant with the European Union's Markets in Crypto-Assets (MiCA) regulation, allowing it to serve all 30 European Economic Area (EEA) countries.
Cassie Craddock, Ripple's Managing Director for UK and Europe, said the authorization enables the company to scale with confidence as institutions seek regulated partners. Ripple now holds more than 75 regulatory licenses globally. Combined with its existing EU EMI license, this MiCA milestone represents a strategic step in its global compliance roadmap.
Short-Term Resistance Remains, but Fundamentals Lean Bullish
Price faces technical resistance near $1.14, but ETF trend and regulatory progress suggest a shifting foundation. Eight straight weeks of net inflows reflect patient capital rather than speculative flips. The European compliance launch could open doors to partnerships with banks and payment firms across the eurozone.
Key metrics to track: weekly ETF flow volumes staying above $10 million, and tangible business deployments using the MiCA license. Short-term price action may stay choppy, but the game is changing underneath.