Fresh institutional demand has arrived for XRP, although the full market impact may take time to unfold. Large purchases through exchange traded funds often attract attention because they represent capital entering through traditional investment channels instead of direct crypto exchanges. That changes the conversation around XRP price, especially as the asset attempts to extend its latest recovery.
Another factor makes this development worth watching. XRP has already started to recover after Bitcoin regained strength, which means fresh institutional buying arrives at a time when technical indicators have also started improving. That combination could play an important role over the next few days.
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Bitwise ETF Clients Add Nearly $7 Million to XRP Exposure
A report shared by Whale Insider stated that Bitwise ETF clients purchased about $6.55 million worth of XRP exposure. Rounded up, that equals roughly $7 million flowing into the Bitwise XRP ETF.
JUST IN: Bitwise ETF clients buy $6.55 million worth of $XRP. pic.twitter.com/685HBx9GlX
— Whale Insider (@WhaleInsider) July 3, 2026
This purchase continues a broader pattern that has developed over recent weeks. The Bitwise XRP ETF has continued to attract steady inflows even as several Bitcoin ETFs recorded periods of net outflows.
Bitwise launched its spot XRP ETF on the NYSE in November 2025. Since then, the fund has accumulated more than $505 million in cumulative net inflows. Recent daily reports have also shown several multi-million-dollar investment days, which points to continued interest from institutional investors and financial advisers.
The latest $6.55 million purchase fits that trend instead of standing alone. Every new inflow increases demand for XRP exposure through regulated investment products. That gives traditional investors another route into the asset without purchasing XRP directly from cryptocurrency exchanges.
This development also matters because prediction markets currently watch whether XRP price can remain between $1.00 and $1.10 by July 6. Continued ETF inflows strengthen the case for price stability within that range because fresh institutional demand can provide additional buying support.
XRP also continues to benefit from its position as one of the largest cryptocurrencies. Bitwise has consistently presented Ripple’s payments focused blockchain as part of its long term investment thesis, which explains why institutional demand has remained relatively healthy.
XRP Price Analysis Shows Buyers Trying to Extend the Recovery
We made an analysis earlier today, and XRP is looking slightly bullish after Bitcoin recovered from recent weakness.
XRP price climbed above the important $1.07 resistance level before entering a healthy consolidation phase. Price now attempts another move above the nearby $1.09 resistance, which has become the next important level for buyers.
That recovery matters because it happened after Bitcoin regained strength. XRP often performs better when Bitcoin stabilizes, and the current setup follows that familiar relationship.
A look at the XRP chart shows buyers defending the recent breakout. Price continues to trade above $1.07, although stronger confirmation would require a clean move beyond $1.09.
Current technical conditions present 3 possible scenarios for XRP price over the short term.
Bullish Scenario
XRP breaks above $1.09 and successfully turns that level into support. Buyers could then push XRP price toward the next resistance around $1.12 during today’s trading session.
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Neutral Scenario
XRP remains between $1.07 and $1.09 as consolidation continues. Price could stay inside that range until either buyers or sellers gain enough strength to force the next major move.
Bearish Scenario
XRP falls below the $1.07 support level. That would weaken the recent breakout and increase the possibility of another pullback before buyers attempt another recovery.
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