XRP ETFs' Unbroken Streak: $1.6 Billion Inflows Over Nine Consecutive Days

The XRP spot ETFs have continued their impressive streak of net inflows, reaching nine consecutive days and pulling in over $1.6 billion since their launch.

The funds took in $26.2 million on August 28, with cumulative net inflows now standing at around $1.6 billion, according to data from SoSoValue.

This influx of capital is 'surprisingly resilient' given XRP's soft price, notes Bloomberg Intelligence analyst James Seyffart, who also pointed out that Goldman Sachs tops the list of spot XRP ETF holders with about $87.4 million in exposure.

The strong demand has impressed analysts, with Seyffart calling it 'particularly impressive when stacked against the token's price over the same stretch.'