Why Is XRP Rising? ETF Inflows Reach Record $1.55 Billion

Spot XRP exchange-traded funds just posted their strongest week in more than three months, pushing cumulative net inflows to a record $1.55 billion as XRP staged a sharp price recovery.

The funds attracted $39.78 million last week, their best result since mid-May. Daily demand accelerated into the end of the week, with $13.24 million arriving Thursday and another $18.38 million Friday, according to SoSoValue data. Friday marked the strongest single session since May 14.

XRP ETF demand returns after quiet August

The rebound follows a weak start to the month. Seven of the first 11 trading sessions reportedly recorded no XRP ETF inflows at all before investors returned on Aug. 18.

Bitwise remains the largest contributor, with cumulative inflows of about $542.7 million. Canary Capital follows with roughly $468.1 million, while Franklin Templeton has attracted about $434.2 million. Together, the three account for most of the capital held by US spot XRP ETFs.

Institutional interest was already building earlier this year. Grayscale research suggested XRP ETFs could eventually absorb 5%-6% of circulating supply if adoption follows a path similar to Bitcoin and Ethereum funds. That potential supply impact becomes more important as cumulative ETF holdings grow.