Spot XRP exchange-traded funds are experiencing rapid growth, posting nine consecutive days of net inflows even as the token’s price has cooled.
According to data from SoSoValue, these funds attracted $26.2 million on August 28, continuing an inflow trend since mid-August and bringing total net inflows to approximately $1.6 billion. Over the past nine days, these funds have attracted more than $725 million in total.
Currently, the total net assets of these products stand at about $1.6 billion, with recent daily inflows ranging from roughly $2.4 million to over $28 million. The ETF inflow tracker rates its sentiment on XRP as “bullish.”
Seyffart also analyzed who is buying, citing 13F filings from the second quarter. Goldman Sachs tops spot XRP ETF holders with an investment of about $87.4 million, followed by Jane Street and Millennium Management. By category, investment advisors dominate both the largest holders and biggest quarterly allocators, far surpassing hedge funds and brokerages.
ETFs, or exchange-traded funds, are investment vehicles that hold underlying assets and trade on traditional stock exchanges, allowing investors to buy and sell shares through standard brokerage accounts. The first US spot XRP ETFs were launched in November 2025, following the approval of Bitcoin ETFs.
The current inflows coincide with the XRP cryptocurrency—originally created by Ripple’s co-founders—facing challenges in maintaining its base price.
According to CoinGecko, the token was trading at around $1.39 on Monday, down 2.7% over 24 hours and down roughly 7.6% over the past week, though up about 38% over the past 14 days. Recent deleveraging tested XRP’s rebound, forcing traders to consider its next direction.
The momentum of XRP ETFs stands in stark contrast to Bitcoin, whose spot funds recently ended a nine-day streak of inflows, while Ethereum products are still attracting capital. The broader XRP ecosystem is also drawing new institutional interest, with XRP treasury company Evernorth recently receiving SEC approval and preparing to list on Nasdaq.
Heading into September, the divergence between the resilience of fund inflows and the weakness of spot prices remains a key tension for XRP as traders watch for the Federal Reserve’s next move on interest rates.
