XRP tests rebound strength amid ETF and futures drawdowns

Ripple (XRP) is trading above $1.35 at the time of writing on Wednesday, rising from its daily open of $1.34. Despite the remittance token securing support above the $1.35 level after edging higher for the second consecutive day, overall retail and institutional demand remains subdued. XRP edges higher for the second consecutive day, holding $1.35 as immediate support… Ripple (XRP) is trading above $1.35 at the time of writing on Wednesday, rising from its daily open of $1.34. Despite the remittance token securing support above the $1.35 level after edging higher for the second consecutive day, overall retail and institutional demand remains subdued. XRP edges higher for the second consecutive day, holding $1.35 as immediate support on Wednesday.XRP retail demand cools as futures Open Interest drops to $2.45 billion, likely limiting recovery potential.XRP ETF activity remained muted on Tuesday after outflows of $2.3 million on Monday, reflecting sticky risk-off sentiment.Ripple (XRP) is trading above $1.35 at the time of writing on Wednesday, rising from its daily open of $1.34. Despite the remittance token… For traders, this matters because equity-specific headlines can influence sector leadership, index tone and short-term volatility around positioning. Watch whether the reaction stays isolated to one name or spills into the broader sector, index futures and correlated risk assets.