XRP spot exchange-traded funds (ETFs) registered net inflows for the ninth consecutive trading day on August 25, bringing in $23.87 million even as the broader cryptocurrency market faced a sell-off. Data provided by SoSoValue shows that this recent inflow has pushed the cumulative net contributions into U.S. spot XRP ETFs to $1.6 billion since their inception.
Strong inflow momentum
Despite volatility in the digital asset markets, investor interest in XRP ETFs remains robust. The funds closed the latest session with $1.46 billion in net assets under management. Leading asset management firms continued to see notable inflows into their XRP investment products.
The Bitwise XRP ETF led daily inflows on Tuesday with $11.02 million. Franklin Templeton, a global investment management organization, followed with an addition of $6.39 million. Grayscale, known for running one of the largest digital asset management businesses, brought in $4.28 million, while Canary Capital registered $2.19 million for the same period. 21Shares reported no net flow for the day.
| Fund | Inflows on Aug. 25 |
|---|---|
| Bitwise | $11.02 million |
| Franklin Templeton | $6.39 million |
| Grayscale | $4.28 million |
| Canary Capital | $2.19 million |
| 21Shares | $0 |
U.S. spot XRP ETFs did not record net inflows on August 14 and August 17. However, inflows returned on August 18 with $5.81 million, followed by $2.35 million on August 19, $13.24 million on August 20, $18.38 million on August 21, $13.82 million on August 24, and $23.87 million on August 25.
ETH
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AAPLCumulative and recent flows
Within the last five trading sessions alone, net inflows into these crypto investment vehicles tallied approximately $77.5 million. During the previous week, inflows reached roughly $39.8 million, reflecting a pattern of increasing allocations this month.
Flows were muted at the start of August, with several days showing no net inflow activity. Cumulative inflows stayed close to $1.51 billion between August 5 and August 18, but momentum increased sharply from August 18 onward.
XRP spot ETFs have strengthened their position in the market with a nine-day run of net inflows, even as other digital assets faced sell pressure. Data indicates that these products have seen a sharp uptick in investor appetite over the second half of August.
During the most recent reporting period, the funds attracted $5.81 million on August 18, $2.35 million on August 19, $13.24 million on August 20, $18.38 million on August 21, $13.82 million on August 24, and $23.87 million on August 25.
XRP price action amid ETF inflows
XRP, the native asset of the XRP Ledger, reached a trading price of $1.44 according to the latest data from CoinGecko. Over the past two weeks, XRP’s price has increased 40%, outpacing much of the crypto market.
Investment flows into spot ETFs are widely watched as an indicator of institutional and retail investor sentiment for digital assets. Sustained net inflows into XRP ETFs have coincided with a significant rally in $XRP’s spot price during August.
