XRP Spot ETF Sees $38M Net Inflow Over Two Days, Price Stalls Near $1.60 Resistance

iconjinse2
Share
AI summary iconSummary
XRP spot ETF inflows reached $38 million over two days, according to SoSoValue data. Inflows included $14.89 million on September 24 and $23.17 million the previous day. Bitwise led with $9.91 million, followed by Franklin Templeton’s $4.98 million. The five XRP ETFs hold $1.7 billion in assets, with cumulative inflows totaling $1.76 billion. No recent ETF outflows have been reported. XRP traded at $1.56 on September 26, up 2% but still below the $1.60 resistance level. A breakout above $1.60–$1.65 could signal bullish momentum, while a drop below $1.50 may push it toward $1.43.

[XRP Spot ETF Sees Net Inflows of Approximately $38 Million Over Two Days; Price Still Awaiting Breakthrough of $1.60 Level] According to GoldNews, on September 26, AMBCrypto reported that U.S. spot XRP exchange-traded funds (ETFs) recorded net inflows of approximately $38 million over two trading days, signaling renewed investor demand. According to SoSoValue data, the XRP ETF saw net inflows of $14.89 million on September 24 and approximately $23.17 million on the previous trading day, totaling just over $38 million over the two days. Among these, Bitwise’s fund led with daily inflows of $9.91 million, followed by Franklin Templeton with $4.98 million; the other listed products recorded no net change on the day. Currently, the five XRP ETFs combined hold assets worth $1.7 billion, with cumulative net inflows reaching $1.76 billion. Bitwise’s official page shows its XRP holdings increased from 387.24 million on September 21 to 401.42 million on September 23, corresponding to a market value of approximately $613.89 million. On the price front, XRP is trading at around $1.56, up approximately 2% on the day, having recovered from recent lows but still failing to break through the resistance zone near $1.60. The article suggests that a sustained breakout above the $1.60–$1.65 range would indicate continued buyer dominance and open the door for further upside momentum. Below, $1.50 serves as a key support level; a break below this level would weaken the credibility of the rebound and could lead to a pullback toward $1.43.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.