Spot XRP ETFs extend inflow streak to 9 consecutive days, accumulating $1.6 billion in net inflows since launch.
Macro & Markets ·
Spot XRP exchange-traded funds have maintained inflows across nine consecutive days, accumulating approximately $1.6 billion in net inflows since their launch, with funds taking in $26.2 million on August 28 alone, according to flow data tracked by SoSoValue. The streak encompasses over $725 million in just the past nine days, a surge that has drawn analyst attention given that XRP's price has declined 2.7% over 24 hours and 7.6% across the past week. Bloomberg Intelligence analyst James Seyffart noted the capital movement as notably resilient, with institutional holdings led by Goldman Sachs, Jane Street, and Millennium Management among spot ETF investors, while investment advisers represent the largest category of allocators.
The persistent fund demand contrasts with XRP's recent price weakness, highlighting a disconnect between retail and institutional positioning. Second-quarter regulatory filings show Goldman Sachs holds roughly $87.4 million in exposure to the products, positioning it ahead of other major institutional participants. Total net assets across XRP ETF products stand at approximately $1.6 billion, with daily inflows ranging from $2.4 million to more than $28 million.
The inflow momentum distinguishes XRP from Bitcoin spot funds, which recently ended their own nine-day streak, raising questions about whether this capital flow will sustain or whether price dynamics will ultimately drive allocation decisions as markets await Federal Reserve guidance on interest rates heading into September.