XRP Sees Record Institutional Buying Amid Price Correction

XRP has seen significant institutional buying and accumulation in recent days, pushing its price back above $1.40. According to data from SoSoValue, US-listed spot XRP exchange-traded funds (ETFs) pulled in a record-breaking $28.14 million in net inflows on August 26.

Bitwise accounted for nearly half of the daily total, attracting $13.12 million across its XRP product, followed by Franklin Templeton's XRPZ vehicle with $9 million and Canary Capital's XRPC fund with $6.01 million.

This marks the second-largest single-day intake of 2026, surpassed only by the $46.1 million recorded on January 5.

Large holders added approximately 460 million XRP tokens to their positions during the price correction, the most substantial accumulation pattern observed since February.