XRP and Stellar’s XLM extended short-term pullbacks after strong recent rallies, while fresh institutional developments continued to support attention around both assets. XRP traded near $1.509 after dropping 4.56% during the previous session. Meanwhile, XLM hovered around $0.202 following a 6.52% decline.

The price weakness came as spot XRP exchange-traded funds continued attracting capital. At the same time, Stellar expanded its institutional infrastructure through BVNK Finance and explored new blockchain privacy tools.

Still, derivatives and spot market indicators showed traders had become more cautious. CryptoQuant data pointed to sell-side pressure in futures markets for both XRP and XLM.

Spot XRP ETFs recorded $18.04 million in net inflows on Wednesday, according to SoSoValue data. That followed another $20.02 million of inflows on Tuesday.

Together, the two sessions brought roughly $38.06 million into XRP-focused investment products. The figures showed continued demand even as XRP underwent a short-term correction after its recent advance.

Further ETF inflows could remain an important market factor during the week. Sustained institutional demand would increase the amount of capital entering regulated XRP investment products while traders monitor the token’s next price move.

At the same time, CryptoQuant data presented a more cautious picture. XRP futures markets showed sell-side dominance alongside signs of overheating following the earlier price surge.

Retail participation also remained relatively limited despite the sharp move. Meanwhile, spot markets showed heating conditions, while several other indicators stayed neutral.

The combination created mixed short-term signals. Institutional ETF flows remained positive, while derivatives activity suggested traders were managing increased risk after XRP’s rally.

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