XRP plunges 8.5% despite $18.04 million in spot ETF inflows

  • XRP fell 8.5% to $1.46 on 24 September 2026.
  • $18.04 million entered U.S. spot XRP ETFs on 23 September.
  • XRP’s market capitalization fell to $91.851 billion on $4.576 billion volume.

XRP fell 8.5% in 24 hours to $1.46 on 24 September 2026, giving back part of its gains from earlier in the week. Its market capitalization dropped to $91.851 billion on $4.576 billion in trading volume, while the token traded at the bottom of a $1.46-to-$1.60 daily range and ranked fifth among cryptocurrencies by market capitalization. The decline came despite $18.04 million of net inflows into U.S. spot XRP ETFs on 23 September, including $11.54 million for the Bitwise XRP ETF and $6.50 million for the Franklin XRP ETF. The divergence reflects the different scale and timing of regulated fund flows and spot-market trading. The sell-off followed a failed attempt to sustain prices near $1.60, with profit-taking cited as the main market explanation. Santiment reported a 365-day MVRV ratio of about -11.75%, indicating that the average trader active over the past year was holding XRP at a loss, although the data does not establish individual trading motives. Key levels identified in recent coverage include $1.50 and $1.60 on the upside, with $1.45, $1.40 and the $1.30-to-$1.35 region as downside reference points. Upcoming ETF flow data and spot trading volume will help show whether the move was a short pullback or the beginning of a deeper retracement.

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