XRP ETFs See Surge in Inflows Amid Weakening Price Signals
XRP ETFs saw significant inflows on August 25, with $23.87 million in net inflows as they extended their positive run. The cumulative inflows reached $1.6 billion, while total net assets stood at about $1.46 billion.
Bitwise led the daily inflows with $11.02 million, followed by Franklin Templeton, Grayscale, and Canary Capital. The latest five trading sessions brought in a total of $77.5 million into XRP ETFs, showing stronger demand in late August.
XRP trades near $1.44 after gaining roughly 40% over the past two weeks. However, short-term technical signals have turned weaker, and analysts are watching the reclaim zone of $1.48-$1.50 closely.
According to ChartNerdTA, XRP lost Gaussian Channel support on the one-hour chart after repeated rejections from the Adaptive Supertrend indicator. The analyst warned that failure to reclaim the $1.48-$1.50 area could expose the token to $1.30 or $1.20.