XRP ETFs Soar with $28M Inflow as Whales Accumulate 460M Tokens
XRP saw a surge in interest from US-based ETFs on August 26, drawing in $28.14 million in new investments. Bitwise's XRP exchange-traded fund led the charge with $13.12 million in inflows, accounting for nearly half of the day's total.
This marks the second-largest daily inflow into XRP ETFs this year, trailing only a January session that saw $46.1 million invested. Over the past seven days, these funds have collectively attracted over $106 million, indicating a resurgence in institutional interest.
Large-scale holders, known as whales, also took advantage of the recent price correction by adding approximately 460 million XRP tokens to their portfolios. This accumulation pattern is the strongest seen since February and demonstrates confidence among sophisticated market participants.