XRP ETFs Extend Inflow Streak to 9 Days, Pulling In $1.6 Billion Since Launch

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Spot XRP ETFs took in $26.2 million on Aug. 28, extending a nine-day inflow streak and lifting cumulative net inflows to about $1.6 billion. Bloomberg Intelligence analyst James Seyffart called the flows surprisingly resilient given XRP’s soft price hovering around $1.39, down 2.7% on the day and 7.6% on the week. Goldman Sachs leads spot XRP ETF holders with about $87.4 million in exposure, followed by Jane Street and Millennium Management, with investment advisers representing the largest allocators. This momentum contrasts with Bitcoin ETFs, which recently snapped their own nine-day inflow streak. The divergence between resilient fund inflows and soft spot prices remains the key tension for XRP heading into September.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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