XRP Price Dropped to $1.86, ETF Average $1.25 Billion

Decline in XRP and ETF Assets

XRP price has fallen to $1.86 as investors take profits during rallies. Despite this decline, demand for spot ETFs continues, and total ETF assets have risen to $1.25 billion.

Institutional investors prefer ETFs, which are structured products, to take positions in XRP. The reason for this preference is the lower custody and compliance issues.

XRP continues to remain within a narrow trading range. Sellers are defending the $1.90 resistance, while buyers are supporting the $1.86 level. This situation indicates that a significant movement may occur in the near future.