U.S. spot XRP ETFs attracted another $14.38 million on Sept. 1, extending one of their strongest stretches of institutional demand this year even as XRP continued to fall.
Franklin Templeton’s XRPZ led the session with $6.63 million of net inflows, followed by Grayscale’s GXRP with $4.72 million and Canary Capital’s XRPC with $3.03 million, according to SoSoValue data. Bitwise and 21Shares recorded no net flows for the day.
The new money lifted cumulative net inflows across U.S. spot XRP ETFs to approximately $1.68 billion since the products began launching in November 2025.
More importantly, Tuesday marked the 11th consecutive trading session of positive XRP ETF flows, with roughly $170 million entering the products during the streak.
XRP Funds Gain as Bitcoin ETFs Lose $236.5M
The Sept. 1 performance becomes more notable when compared with the largest crypto ETF market.
U.S. spot Bitcoin ETFs recorded approximately $236.5 million in net outflows on the same day, according to Farside Investors. BlackRock’s IBIT accounted for about $201.2 million of the withdrawals, while Fidelity’s FBTC lost another $43.7 million.
That does not mean institutional investors are abandoning Bitcoin for XRP, given Bitcoin ETFs remain vastly larger. But the one-day divergence shows XRP products continuing to attract fresh capital during a broader risk-off session.
Coinpaper recently tracked the same trend when XRP ETFs posted their strongest week of 2026, pulling in $110.49 million during the week ending Aug. 28 and pushing cumulative flows above $1.66 billion.
The recent XRP ETF recovery has therefore continued into September rather than ending with August’s surge.
XRP Price Keeps Moving the Other Way
ETF demand has not translated into immediate price strength.
XRP traded near $1.32 on Sept. 2, after closing around $1.35 the previous session. The token has fallen from roughly $1.45 on Aug. 27 and is down more than 9% from that level despite sustained ETF buying.
That divergence has become one of the more unusual features of the XRP market. Coinpaper previously examined how [ETF demand and XRP price] ETF demand and XRP price have increasingly moved in opposite directions.
Institutional participation also extends beyond daily ETF flows. Bloomberg Intelligence data cited by CoinDesk showed Goldman Sachs as the largest disclosed institutional XRP ETF holder at the end of the second quarter, with approximately $87.4 million in exposure.
| Franklin Templeton | +$6.63M |
| Grayscale | +$4.72M |
| Canary Capital | +$3.03M |
| Combined total | +$14.38M |
For now, the key signal is not that ETF inflows guarantee an XRP rally. It is that regulated investment demand has continued through falling prices — and, on Sept. 1, remained positive while Bitcoin ETFs suffered substantial withdrawals.
Be the first to comment