XRP Price Defends 200-Week EMA as ETF Inflows Hit 2026 Highs and Evernorth Nears Nasdaq Listing

Ripple (XRP) price is down by 2.46% to trade at $1.38 at the time of writing. This drop has pushed XRP to support at the 200-week EMA of $1.37. However, this drop also coincides with an increase in inflows to XRP ETFs and an SEC approval for XRP Treasury company Evernorth to list on NASDAQ.

XRP ETF Inflows Surge to 2026 Highs

XRP ETFs posted $26.20 million in inflows on August 28 per data from SoSoValue. The ETFs have now seen nine consecutive days of inflows as demand for the products rises.

SoSoValue also shows that XRP ETFs recorded inflows every day between August 24 and August 28. Because of this demand, the weekly inflows to these ETFs reached $110.49 million, with this being the highest inflows recorded by the products since December 2025.

The Bitwise ETF recorded the highest inflows during the week of $59.95 million, followed by Franklin Templeton with $28.7 million in inflows.

SoSoValue also shows that all of the five XRP ETFs that trade in the US have total net assets of $1.44 billion, with this being 1.66% of XRP’s market cap of $87.43 billion.

Evernorth Nears NASDAQ Listing

A recent report by CoinGape revealed that XRP Treasury company Evernorth has received approval from the SEC to go public at NASDAQ by merging with Armada Acquisition Corp.