XRP drops for two consecutive days: ETF sees a massive $900 million inflow, but futures are betting against it

[Crypto World] XRP has dropped again, marking its second consecutive day of decline and is now hovering around $2.06.

Interestingly, its spot ETF is performing quite strongly—there have been net inflows for 14 consecutive days, totaling $887 million. However, the futures market is not as optimistic, with open interest shrinking to $3.71 billion, indicating that derivatives traders are becoming increasingly cautious and bearish sentiment is spreading.

The technicals aren’t looking great either. The price is still lingering below key moving averages, and indicators like MACD and RSI show that bullish momentum is fading. The question now is: with spot funds buying in, why can’t the price hold up? It could be due to heavy profit-taking pressure, or perhaps a lack of confidence in the short-term outlook.

Next, we’ll have to see if it can hold the psychological support at $2.