XRP ETF Inflows Return, But Can They Hold the Line at $1?
XRP ETF inflows rebounded on August 18 with $5.81 million in net inflows, but is this enough to defend the $1 psychological level? The token tested this threshold repeatedly during mid-August, including intraday lows below $1 on August 17, 18, and 19.
The size of the flow matters. A $5.81 million daily inflow may look impressive compared to recent ETF flows, but it's tiny compared to XRP's market capitalization, which is measured in the tens of billions of dollars.
According to August 18 flow data reported by SoSoValue, Bitwise led with about $2.24 million of net inflows and Grayscale followed with about $1.94 million. Franklin added roughly $1.63 million, while other tracked products reported no net inflows for the session.
The open question is whether this August 18 inflow marks the beginning of a sustained pickup or simply another positive session in an uneven flow pattern. The prior week produced only about $2.25 million of net inflows, meaning August 18 alone brought in more than twice that amount.