XRP Holds Gains as ETFs and Big Transfers Offset Monthly Escrow Unlock

ETF accumulation accompanied by outsized institutional transfers has tightened available supply, creating support for prices despite elevated event risk.

Overview

Ripple completed its scheduled monthly release of 1 billion XRP and left about 31.28 billion XRP still locked in escrow.
Spot XRP ETFs drew $153.55 million of inflows in August with most capital arriving in the month’s second half, bringing total ETF inflows to roughly $1.68 billion since launch.
On‑ledger activity shifted to large moves: active XRPL addresses rose to about 2.26 million and payment volume spiked sharply while total transaction counts fell, a pattern consistent with institutional flows.
Ripple routinely re‑escrows 700–900 million of monthly releases so the net increase in circulating supply typically runs near 100–300 million, and the September unlock produced little immediate market disruption.
Key near‑term risks that could drive volatility include a pending XRPL software upgrade, unresolved U.S. legislative action on the CLARITY Act, and upcoming Federal Reserve policy decisions.