XRP Surges Past $1.7 on Record-Breaking Institutional Inflows

XRP has broken out to around $1.70 following strong institutional inflows into spot exchange-traded funds (ETFs). The token's best weekly gain since late 2024 was driven by over $110 million in net inflows during the week ending August 28.

The cumulative total for XRP ETF inflows has now surpassed $1.66 billion, a fresh all-time record for the product class that launched in November 2025. Bitwise led the charge with about $59.95 million flowing into its XRP fund during this peak week.

Analysts are watching whether the coming weeks bring a successful retest of $1.70, which could set up a move toward $2.00 on strong volume and continued ETF inflows north of $100 million per week. Failure to reclaim it could lead to consolidation in the $1.40 to $1.60 range.