In May 2026, Ethereum ETFs logged 10 straight outflow sessions, totaling $216 million as net assets slipped from $12.07 billion to $11.90 billion. The pressure intensified after May 23, 2026, when a Laser Digital analyst tied near-term ETH weakness to the SEC delaying its review of a tokenized stock trading plan. Over May 11–15, BlackRock’s ETHA alone posted $184.59 million in weekly outflows, while flows rotated toward XRP and SOL products.

XRP has spent roughly four months failing to reclaim the $1.65 resistance, keeping the token in a broad consolidation as traders watch for a decisive move. The asset was trading at $1.33 and was down about 2.83% over the past week, with analysts flagging $1.10 and $0.87 as major support areas if momentum continues to fade.

Two U.S.-listed spot ETFs tied to Hyperliquid's HYPE token—21Shares' THYP and Bitwise' BHYP—absorbed 1.04% of HYPE's market cap within their first 10 trading days and gathered $72.38M in total assets. On May 27, one newly created wallet withdrew 501,250 HYPE worth about $30.93M from Coinbase Prime, pointing to large-scale holdings moving off exchange.

On May 27, the XRP Ledger implemented the fixCleanup3_1_3 amendment, a technical update designed to improve long-term stability by cleaning up expired NFTokenOffer records and refining features tied to vaults, permissioned domains, and lending. While the network change affects node eligibility for consensus if they did not upgrade to rippled 3.1.3 by the deadline, XRP’s price was down 0.8% over the past 24 hours at $1.33 even as daily trading volume jumped nearly 50%.

Bitwise CEO Hunter Horsley said the firm's Hyperliquid ETF (BHYP) became the largest product globally in its segment after a single-day net inflow of $19.05 million. Horsley added that the fund saw about $22 million in total trading volume for the session, with most of it attributed to net buying rather than selling pressure.

XRP was trading at $1.33 with a -0.42% change as its 4-hour chart compresses into a tight symmetrical triangle, a setup some traders say could force a near-term directional move. Over the past day, volume was $1.57 billion and market cap stood at $82 billion, while analysts highlighted a 20/50 EMA "death cross" alongside upside levels near the EMA area around $1.70.

A $200 XRP would imply an XRP market value of about $12.4 trillion, a level that market analyst Sam Daodu says cannot fit within today’s roughly $2.6 trillion crypto market. He argues that the setup would require a historic, market-wide expansion led by a sustained Bitcoin breakout, plus enough institutional inflows and regulatory progress to align together. XRP was trading around $1.34 at the time of writing, about 63% below its $3.65 all-time high reached last year.

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