XRP Crashes to $1.02 on June 25 Amid Weak ETF Flows

XRP crashed to $1.02 on June 25, marking a 19-month low last touched in mid-November 2024. The sixth-largest cryptocurrency's decline occurred amid broader market weakness, with Bitcoin falling below $58,200 on the same date. The drop follows months of declining performance in U.S. spot XRP exchange-traded funds, which posted net outflows of $31 million in March after strong initial inflows in late 2024.

In mid-November 2024, XRP was trading at $0.50 before rallying to $2.70 in early December. The cryptocurrency reached as high as $3.65 in mid-July 2025 as its legal battle regarding regulatory status in the United States neared conclusion. Bitcoin last touched the $58,200 level in September 2024.

Crypto Liquidations Reach $915 Million in 24 Hours

Crypto positions worth $915 million were liquidated over the last 24 hours, according to CoinGlass. XRP liquidations stood at $42 million, including $40.7 million in long positions and $1.5 million in short positions.

XRP ETF Flows Decline from Late-2024 Peak

U.S. spot exchange-traded funds linked to XRP, launched in 2025, recorded net inflows of $666.61 million in November and $499.91 million in December. The funds posted inflows of $15.59 million in January and $58 million in February. March saw outflows of $31 million. April, May, and June brought inflows of $81.59 million, $131.94 million, and $31.32 million respectively, with figures declining across the three-month period.

XRP was trading at $1.03 at the time of writing.

FAQ

What price did XRP reach on June 25?

XRP crashed to $1.02 on June 25, a level last touched in mid-November 2024.

How much were crypto liquidations over 24 hours?

Crypto positions worth $915 million were liquidated over the last 24 hours, with XRP liquidations totaling $42 million according to CoinGlass.

What were XRP ETF inflows in November and December?

XRP ETFs posted net inflows of $666.61 million in November and $499.91 million in December, followed by declining inflows and a $31 million outflow in March.