XRP ETFs Hit New Trading Volume Record Amid Price Rally
XRP ETFs have achieved a new all-time monthly record in August 2026, with over $723 million in trading volume. This significant milestone comes on the heels of XRP's recent price rally, which saw the cryptocurrency surge from $0.9882 to a three-month high of $1.69 between August 18 and 22.
The price increase, which marked a 71% rise in less than a week, sparked increased investor interest in XRP ETFs, leading to stronger inflows and higher trading volumes. The Bitwise XRP ETF (XRP) led the charge, attracting $587.32 million in cumulative inflows, accounting for 35% of the total.
The record-breaking volume was driven by particularly strong activity between August 19 and 27, with daily trades exceeding $100 million on multiple occasions. The XRP ETF market has now witnessed a combined monthly trading volume of $723 million in August 2026, surpassing its previous record of $652.97 million set in January 2026.