Goldman Sachs Leads $87M Stake as XRP ETF Inflows Top $1.68B
The XRP ETF market has seen an impressive streak of sustained inflows, logging eleven consecutive days of net inflows worth approximately $170 million. This remarkable run adds to the cumulative inflow of about $1.68 billion since the funds launched last November.
Franklin Templeton and Grayscale have been driving the recent gains, with Franklin Templeton's XRP fund pulling in $6.63 million on a single day, followed closely by Grayscale with $4.72 million. These two issuers have effectively carried the streak in its latest stretch, even as smaller funds contributed modest amounts of their own.
The price backdrop against which this inflow pattern is happening is worth noting: XRP traded around $1.33 at the time of reporting, down from roughly $1.45 on Aug. 27. This divergence between price action and fund demand suggests investors may be treating dips as entry points rather than exit signals.