Summary
- On August 28, spot XRP ETFs attracted $26.2 million, extending a nine-day inflow trend and bringing the total net inflows to approximately $1.6 billion, as reported by SoSoValue.
- James Seyffart from Bloomberg described the inflows as "surprisingly resilient," particularly in light of XRP's declining price, highlighting that Goldman Sachs, Jane Street, and Millennium are the primary holders, with investment advisers as the leading allocators.
- XRP's price stood at about $1.39, down 2.7% for the day and 7.6% over the week, contrasting the ETF performance with Bitcoin funds that have ended their own nine-day inflow streak.
The trend for spot XRP exchange-traded funds continues, achieving nine consecutive days of positive net inflows, even as the cryptocurrency's market price has shown weakness.
According to SoSoValue, these funds received $26.2 million on August 28, extending their inflow streak dating back to mid-August and bringing total net inflows to around $1.6 billion. Over the past nine days, they have accumulated more than $725 million.
Myriad: Predict the future of XRP prices. Make your prediction.With total net assets across these ETFs around $1.6 billion, the recent daily inflows have varied between approximately $2.4 million and over $28 million. Decrypt's ETF flow tracker maintains a "bullish" sentiment for XRP.
Analysts have expressed surprise at the steady demand for XRP given its lackluster price. James Seyffart from Bloomberg Intelligence noted on X that the ETF flows have shown surprising resilience, with inflows nearing $1.8 billion in total, a figure he considers impressive in light of the token's price performance during the same period.
Seyffart also analyzed the buying patterns, referencing second-quarter 13F filings. Goldman Sachs leads the list of spot XRP ETF holders with approximately $87.4 million in exposure, followed by Jane Street and Millennium Management. Investment advisers have emerged as the largest holders and primary allocators for the quarter, significantly outpacing hedge funds and brokerages.
XRP ETF Net Flows. Image: DecryptExchange-traded funds (ETFs) are investment instruments that hold underlying assets and trade on standard stock exchanges, allowing investors to buy and sell shares through regular brokerage accounts. The first XRP ETFs in the U.S. were launched in November 2025, following the previous year's approval of Bitcoin ETFs.
These inflows occur amid challenges faced by the XRP cryptocurrency, which was originally developed by Ripple's co-founders.
As of Monday, XRP was trading around $1.39, reflecting a 2.7% decline over the past 24 hours, and a 7.6% decrease over the week. However, it has seen an increase of approximately 38% over the last two weeks. A recent unwind of leverage has tested XRP's upward movement, prompting traders to consider its future direction.
The continued momentum of XRP ETFs contrasts sharply with Bitcoin, which recently experienced a halt in its own nine-day inflow streak, while Ethereum funds continue to attract investments. Additionally, the XRP ecosystem is witnessing renewed interest from institutional investors, exemplified by Evernorth's XRP treasury recently overcoming SEC hurdles and moving towards a Nasdaq listing.
The disparity between the robust inflows into funds and the soft prices of XRP remains a significant focus as September approaches, especially as traders watch the Federal Reserve's next steps regarding interest rates.