XRP ETFs Go Unbroken for Three Weeks as Price Reclaims $1.40
XRP ETFs have recorded an impressive three-week streak without a single day of outflows. In fact, they've gone 15 consecutive trading days without recording a loss, and since August 6, every session has closed at $0 or higher.
During this period, investors added a total of $111 million to the funds, with a record $28.14 million single-day inflow on August 26. The cumulative net inflows rose from near $1.51 billion in early August to $1.62 billion by August 26, and the total net assets increased from around $993 million on August 5 to $1.40 billion on August 26.
However, it's worth noting that most of this increase came from XRP's price gain rather than fresh capital, with only a small portion coming from new deposits. The funds' daily inflows are significant, but they may not be enough to keep the price above $1.40 alone.