XRP is trading at $1.37 while spot XRP ETFs record positive net flows for ten consecutive days. These products raised $26.2 million on August 28, bringing cumulative inflows to over $1.5 billion since launch. Goldman Sachs leads institutional holders with approximately $87.4 million in exposure according to Q2 13F filings. Despite this institutional accumulation, XRP’s price remains in consolidation between $1.35 and $1.39, up 38% over the past two weeks. Market participants are now watching the unlock of one billion XRP scheduled for September 1.
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