XRP ETFs End Week in the Green Amidst Stagnant Inflows
The past week saw a curious development in the spot XRP Exchange Traded Funds (ETFs) as they concluded the trading period in positive territory, despite a single day accounting for all the activity. This pattern of minimal inflows has become a recurring theme, coinciding with a continued downturn in the price of the underlying asset, which has fallen below $1.00 for the first time in nearly two years.
The net flows into spot XRP ETFs last week offered little new insight, continuing a trend that has persisted for some time. While the five-day trading period registered positive net flows, the overall picture was less encouraging. The funds saw a modest inflow of $2.25 million, a slight increase from the previous week’s $1.01 million.
For context, these exchange-traded funds tracking the cross-border payment token were attracting over $20 million weekly in late June and surpassed $60 million in mid-May.
A closer examination of the daily performance reveals a more concerning trend. The entirety of the $2.25 million inflow occurred on Thursday. The remaining four trading days of the week showed no reported activity, with data from SoSoValue indicating $0.00 for each of those days. This pattern extends to August, where six out of the ten business days have mirrored this trend of zero inflows. Consequently, cumulative net inflows have remained just over $1.51 billion, with minimal movement observed in recent weeks.
On a more positive note, several major U.S. financial institutions, including Morgan Stanley, have disclosed significant holdings in XRP through ETFs in the past week.
However, this apparent lack of sustained institutional interest, juxtaposed with reports of Ripple “whales” accumulating XRP, has coincided with a consistent decline in the native token’s price over the past few weeks. The asset recently faced rejection at the $1.10 mark and subsequently plunged, losing the $1.05 support level. In the days that followed, XRP dipped below $1.00 on multiple occasions and is currently struggling to decisively reclaim that level.
From a technical and on-chain perspective, the outlook for XRP is mixed. While some on-chain metrics suggest an increase in network activity, overall investor sentiment has deteriorated to a multi-month low. Simultaneously, XRP’s Open Interest has reached its highest levels since the significant market event in October 2025, potentially signaling heightened volatility in the upcoming trading sessions.
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