Ripple’s XRP spent the week slipping by 6%, but if investors were worried, they certainly didn’t show it.

Spot ETFs still pulled in over $10 million in fresh inflows, so perhaps the real story isn’t in the price chart at all. With Open Interest (OI) holding steady and funding staying slightly positive, there seems to be more.

A seemingly ordinary week, but with potentially more in store.

Spot ETFs stay strong

Daily inflows crossed $10.23 million, with one of the strongest days landing earlier in the cycle when inflows spiked above $240 million.

Even as XRP [XRP] traded near $2.02, investors kept adding exposure, pushing total net assets to $861.32 million.

The consistency is hard to miss. Smaller (but steady) buying continued throughout the 4th and the 5th of December, with inflows still coming in even on quieter days.

Source: SoSoValue

Looks like price weakness isn’t scaring long-term buyers. If anything, they’re buying more while the market looks elsewhere.

Price action may look soft, but is stabler than you think!

Over the past week, XRP has traded around $2.05, slipping from its recent highs as sellers stayed active. There have been repeated attempts to push above $2.10, but each move has been met with resistance.

Momentum indicators make this cooldown obvious: the RSI showed weak but not alarming demand. Meanwhile, the CMF held near 0.04, so there’s only a slight positive capital flow.

Source: TradingView

Even with price under the 20 EMA at $2.29, the market isn’t panicky. Perhaps, just a period of slow consolidation.

Steady under the surface