XRP ETF Inflows Just Returned. Is $5.8 Million Enough to Defend $1?

US spot XRP (CRYPTO:XRP) ETFs logged net inflows of about $5.81 million on August 18, 2026, a noticeable pickup after relatively modest recent flows as the token tested the $1 line. XRP dipped below $1 during the period before rebounding, making the setup interesting: ETF money was coming in even as the underlying token struggled around one of its most closely watched psychological levels.

The size of the flow matters. A $5.81 million daily inflow is meaningful for the ETF complex, but tiny compared with an XRP market capitalization measured in the tens of billions of dollars. Even using a roughly $67 billion market value, the August 18 ETF inflow amounted to less than 0.01% of XRP’s total market capitalization. That’s the gap investors need to see clearly before drawing conclusions about what an ETF bid can and cannot do for the token’s price.

Who Bought, and How Much It Really Moves

According to August 18 flow data reported by SoSoValue, Bitwise led with about $2.24 million of net inflows and Grayscale followed with about $1.94 million. Franklin added roughly $1.63 million, while the other tracked products reported no net inflows for the session. Total XRP ETF net assets stood near $941 million.