XRP ETFs Defy Price Slump With 9-Day Inflow Streak and $1.6 Billion Haul ⋆ ZyCrypto

Binance
Paxful


Ripple Boss Brad Garlinghouse Speaks On Likelihood Of XRP ETF Launching On US Exchange


Add ZyCrypto News On Google

Institutional interest in XRP products has continued this week amid volatile crypto prices and short-term offloads. This follows a broader market trend as traditional funds rebound across Bitcoin (BTC) and altcoins for the second week.

Spot XRP ETFs Smash $1.6B Mark

XRP ETFs are among the leading-performing altcoin products since Q3 2026, when digital asset prices ticked upward after months in the doldrums. The funds have recorded consecutive inflows for nine days, taking net institutional volume to $1.6 billion.

itrust

On Aug 28, inflows topped $26.2 million, while average daily figures moved above $2 million and soared up to $28 million on some days. The last nine days saw a massive $725 million as investors look to back the asset after an extended cooling period.

Since the launch of spot XRP ETFs, a new wave of traditional investors has been introduced to altcoins, maximizing the new window. Like Bitcoin and Ethereum (ETH), analysts projected an upward trajectory for XRP price following the approval of these products. 

However, prices stalled due to broader macro pressures and industry headwinds over the last three quarters. Amid surging inflows in spot XRP ETF products, XRP price dipped in the last 48 hours and continued its sideways pattern.

Follow ZyCrypto On Google News

&nbsp

At the time of writing, XRP price stood at $1.37 after sliding nearly 6% this week, although monthly movements show bullish activity. In the same short-term period, retail traders have increased inflows to centralized exchanges, indicating possible sell-offs can return. 

The disparity between spot ETF inflows and asset price raises questions for the coming months, but several analysts support the spot price to eventually follow institutional trends. 

Bloomberg analyst James Seyffart termed the institutional sentiment for these products against all odds as impressive, while others view it as a sign of a larger bullish recovery.

XRP ETF flows have been surprisingly resilient. Money in the aggregate has mostly only gone one direction, and now they have a total of $1.8 billion in cumulative net inflows. When you look at this compared $XRP price over this time period … it’s particularly impressive”

Meanwhile, spot Bitcoin ETFs have also extended daily inflows, with BlackRock dominating traditional capital. On Aug 31, investments hit $216 million, setting the right tempo for the wider market.



Source link

Ledger

Be the first to comment

Leave a Reply

Your email address will not be published.


*