XRP Open Interest Contracts Amid Market Deleveraging; Spot ETF Inflows Reach $1.44B

According to TradingView and CoinGlass data, XRP faces renewed downside pressure as open interest contracts during a broader crypto market deleveraging. The token has weakened despite cumulative inflows around $1.44 billion into spot XRP investment products since their launch, reflecting institutional demand through ETF-style channels.

The contraction in open interest suggests leveraged traders are being forced out or voluntarily reducing exposure as price slips toward key support levels. While spot ETF demand remains structurally supportive over longer timeframes, short-term derivative-led selling is offsetting institutional buying during the broader risk-off move in the market.