XRP ETFs See $28 Million Inflow Amid Price Drop
On August 26, 2026, XRP spot ETFs recorded a net inflow of $28.14 million—the highest in over seven months—despite the token’s price dropping by 4.1% on the same day. The Bitwise XRP ETF (NYSE:XRP) fell to $15.64 as of August 28, while the underlying asset traded between $1.39 and $1.46 during that period. The inflow reflects increased demand for new shares in the ETF wrapper but does not necessarily indicate strong bullish sentiment due to over $20 million in leveraged long liquidations occurring simultaneously. These forced sales contributed significantly to downward price pressure, masking any potential reversal signal from the positive flow data. Additionally, most XRP trading volume still occurs on centralized exchanges rather than within ETF wrappers. For a meaningful turnaround of XRP’s recent performance, sustained multi-week inflows at higher levels are needed alongside increased spot market activity and a retest of key resistance levels near $1.66.
Topics: ETFs inflows price_drop XRP