Spot XRP ETFs see $1.35B inflows amid Ripple's institutional deals and tokenized Treasury tests.

U.S. spot XRP ETFs have attracted $1.35 billion in net inflows, driven by Ripple's recent institutional milestones including a $200 million debt raise for Ripple Prime and a tokenized Treasury settlement test with JPMorgan, Mastercard, and Ondo Finance. Despite this strong ETF demand, XRP's price remains about 39% below its six-month peak, reflecting market caution. Analysts say sustained ETF inflows, real-world XRP Ledger deployments, and favorable macro conditions are needed for a price recovery toward $3. The institutional infrastructure build-out signals growing confidence but price gains depend on broader market dynamics and regulatory clarity.