Ripple (XRP) ETFs Record Eighth Consecutive Week of Net Inflows
The Ripple (XRP) ETFs have experienced their eighth consecutive week of net inflows, with almost $19 million entering the funds. However, this figure is lower than last week's and raises concerns about actual demand.
The previous business week saw a significant gain of over $110 million for the ETFs, making it the best week since early December 2025. However, this impressive performance was followed by a slowdown on August 31, when investors poured in only $5.64 million. The trend changed again on September 1 with $14.38 million in net inflows.
However, Wednesday saw withdrawals dominate the scene with $7.20 million taken out, marking the first red day for the Ripple ETFs since August 5. Thursday saw $6.14 million enter the funds, but Friday ended as a no-inflow day with SoSoValue data showing flows of $0.00.
The cumulative total net inflows have hit another all-time high of $1.68 billion, but analysts remain cautious about the recent performance. The underlying asset has failed to capitalize on the massive inflows and has fallen below the key support at $1.40 last weekend. However, it finally found support and surged to $1.45 on Friday.
The price of XRP remains above the key support at $1.40, but analysts warn that there are still obstacles ahead before reaching potential price targets of up to $60.