U.S. XRP spot ETFs continued to attract funds in late August. On August 25, these products recorded a combined net inflow of $23.87 million, extending the streak of consecutive net inflows to nine trading days. Despite overall weakness in the broader crypto market, the related funds maintained steady capital inflows.
Bitwise had the highest single-day inflow.
The day's main capital inflows came from several leading products. Bitwise's XRP ETF recorded a net inflow of $11.02 million, ranking first among similar products. Franklin Templeton ranked second with $6.39 million, Grayscale attracted $4.28 million, and Canary Capital saw $2.19 million. 21Shares recorded no net inflow or outflow for the day.
Funds showed a significant recovery after August 18.
The U.S. XRP spot ETF recorded no net inflows on August 14 and August 17, then turned positive again on August 18 with $5.81 million in inflows. In the following days, funds continued to flow into the related products, indicating a clear rebound in demand after mid-month.
- Net inflow of $2.35 million on August 19
- Net inflow of $13.24 million on August 20
- Net inflow of $18.38 million on August 21
Subsequently, net inflows reached $13.82 million on August 24 and further increased to $23.87 million on August 25, marking one of the higher daily levels in this ongoing streak of inflows.
After a quiet start to the month, demand has picked up.
Reports show that fund flows for this type of fund were relatively flat in early August, with multiple consecutive days recording zero net inflows. By around August 18, cumulative net inflows had stabilized near $1.51 billion. In the second half of the month, capital inflows accelerated again, reflecting increased market demand for exposure to XRP spot ETFs.
CoinGecko data shows that XRP is currently trading at $1.44, having risen approximately 40% over the past two weeks.