XRP trades at $1.35–$1.38 after 30% monthly surge, ETF inflows reach $1.68 billion

XRP continues to recover in the cryptocurrency market, currently trading between $1.35 and $1.38 as of September 11. The digital asset’s market capitalization stands at around $85 billion, making it the fifth largest by market cap, according to CoinGecko.

ETF inflows and institutional activity

XRP has posted significant gains over the last month, climbing more than 30% and rising about 7% in the past week. Despite occasional price fluctuations, the recent upward momentum has been largely driven by institutional capital entering the market through spot XRP exchange-traded funds in the United States.

Since early September, U.S. spot XRP ETFs have recorded 11 consecutive days of positive net inflows. Since their launch in November, these funds have attracted a total of $1.68 billion in net inflows, as reported by CoinDesk using data from SoSoValue.

Goldman Sachs has been identified as the leading publicly disclosed institutional holder of XRP-focused funds at the end of the second quarter. These holdings may also serve as components of various hedging strategies employed by the institution.

Period XRP Price ETF Total Net Inflows

Legal resolution and regulatory milestones

August 2025 marked the end of the drawn-out legal battle between Ripple Labs, the company developing global payment solutions using blockchain technology, and the Securities and Exchange Commission. With both parties withdrawing their appeals, the previous court ruling stands, and Ripple paid a $125 million penalty.