XRP ETFs Extend Inflow Streak to 9 Days, Pulling In $1.6 Billion Since Launch
Spot XRP ETFs have posted nine straight days of net inflows, pulling in $26.2 million on Aug. 28 and more than $725 million over the streak. Cumulative net inflows are around $1.6 billion, with total net assets near that level as well. Demand has stayed strong despite XRP’s weak price action, with the token recently around $1.39, down on the week though still up over the past two weeks. Analysts say the flow trend is notable because money has mostly kept moving into the funds even as the spot price has cooled. Second-quarter filings show Goldman Sachs as the largest spot XRP ETF holder, followed by Jane Street and Millennium Management, with investment advisers the biggest allocators overall. The inflow streak contrasts with Bitcoin spot ETFs, which recently broke their own run of inflows. XRP has also seen broader institutional interest, including progress from the Evernorth treasury firm.
