Overview
- U.S. spot XRP ETFs recorded $110.49 million in net inflows for the week ending Aug. 28, extending a nine-day inflow streak and lifting cumulative ETF flows to roughly $1.6–1.66 billion.
- XRP’s spot price has retreated into a key demand zone near $1.35–$1.38 and is testing the 200-week exponential moving average at about $1.37, with recent long liquidations and falling open interest showing derivatives-driven volatility.
- Near-term catalysts that could sway direction include Ripple’s scheduled 1 billion XRP escrow unlock on September 1, a Senate cloture vote on the CLARITY Act on September 15, and Evernorth’s shareholder vote on a NASDAQ listing on September 30.
- Institutional participation is concentrated and growing: Bitwise led the latest weekly inflows while filings and reporting name Goldman Sachs, Jane Street and Millennium among large ETF holders, which reduces exchange-available supply and can amplify price moves.
- What to watch next: a successful hold of $1.35–$1.38 would keep $1.70 and a move toward $2.00 in play, while a decisive break below that band could expose lower supports near $1.27–$1.30 and slow the nascent institutional bid.