XRP Funds Soar to Record Inflows Amid Price Decline
XRP exchange-traded funds saw record-breaking inflows in August, totaling $1.67 billion by August 31. This surge in investment coincided with XRP's price dropping towards $1.38.
According to data compiled by SoSoValue, weekly net inflows into spot XRP ETFs reached $110.49 million in the week ending August 28, a new high for 2026. Trading volume over the same period rose to $363.03 million from $253.05 million.
The Bitwise XRP ETF crossed $500 million in assets under management nine months after launch and now holds close to 364.8 million tokens. Franklin Templeton's XRPZ has become a significant competitor, drawing about $28.7 million in the last week of August.