XRP Price Drops as Fed Hawkishness Weighs on Risk Assets, Yet ETF Inflows Remain Buoyant

XRP's price has dropped by about 2% to $1.36 as the Federal Reserve Chair reaffirmed his commitment to a 2% inflation target, increasing the likelihood of a September rate hike.

This move is causing risk assets like XRP and Bitcoin to fall, but despite this decline, US spot XRP ETF inflows have reached their strongest week since December 2025, with $110.49M in inflows for the week ending August 28.

The divergence between ETF flow data and short-term price action is significant, as it suggests that fund demand is not being affected by the current market pullback.