Spot XRP exchange-traded funds kept their winning run intact on Aug. 28, pulling in $26.2 million in net inflows even as XRP itself traded lower.
Data from SoSoValue shows the products have now posted nine straight days of net inflows, a streak that goes back to mid-August. Cumulative net inflows since launch now stand at about $1.6 billion, and more than $725 million has entered the funds during the last nine trading days alone.
Flows stay strong as price cools
Total net assets across the XRP ETF lineup are sitting at roughly $1.6 billion. Recent daily inflows have ranged from around $2.4 million to more than $28 million. Decrypt’s ETF flow tracker currently keeps its XRP sentiment reading at “bullish.”
That consistency has drawn attention because XRP’s market performance has been less convincing. Bloomberg Intelligence analyst James Seyffart wrote on X that XRP ETF flows have been surprisingly resilient, with money moving almost entirely in one direction. By his count, cumulative net inflows have reached roughly $1.8 billion, which he said looks especially strong when compared with the token’s price action over the same stretch.
Goldman Sachs leads holders in 13F filings
Seyffart also pointed to second-quarter 13F filings to show who has been buying. Goldman Sachs ranks first among spot XRP ETF holders with about $87.4 million in exposure, followed by Jane Street and Millennium Management.
By holder type, investment advisers were the largest owners and the biggest allocators during the quarter, well ahead of hedge funds and brokerages.
What the product is and when it launched
An ETF is an investment vehicle that holds an underlying asset and trades on a traditional stock exchange, allowing investors to buy and sell shares through a standard brokerage account. The first XRP ETFs in the U.S. launched in November 2025, after Bitcoin ETFs won approval the year before.
XRP spot price remains under pressure
The latest fund inflows are arriving while the XRP cryptocurrency continues to struggle for traction. XRP, originally created by the co-founders of Ripple, has had trouble holding its recent ground.
According to CoinGecko, the token changed hands at around $1.39 on Monday, down 2.7% over 24 hours and lower by roughly 7.6% over the past week. Even so, it remained up about 38% over the previous 14 days. A recent leverage unwind has tested the rally and left traders watching where price goes next.
Set against Bitcoin and broader XRP institutional interest
The strength in XRP ETF flows stands apart from Bitcoin, where spot funds recently ended a nine-day inflow streak. Ethereum products, by contrast, continued to bring in fresh money.
The broader XRP ecosystem has also picked up new institutional attention. XRP treasury firm Evernorth recently cleared the U.S. Securities and Exchange Commission and is moving toward a Nasdaq listing.
Heading into September, the main tension around XRP remains unchanged: fund inflows have held up, while the spot token has softened. Traders are now focused on what the Federal Reserve does next on interest rates.