U.S. spot XRP exchange-traded funds recorded $110.49 million in net inflows during the week ending August 28. This marks the first time weekly inflows have exceeded $100 million since the week ending December 5, 2025.

The latest capital additions lifted cumulative net inflows to $1.66 billion, while total net assets reached $1.44 billion. On August 28 alone, XRP ETFs attracted $26.20 million, led by Bitwise’s XRP ETF with $15.40 million.

Technical Outlook

Analyst Ali Martinez noted that XRP broke above key resistance near $1.40 on the hourly chart. He identified $1.70 as the next target level. Martinez previously marked the $1.35-$1.38 range as a main demand zone, where approximately 3.2 billion XRP changed hands. Holding this area is critical for maintaining the breakout structure.

Further resistance levels are situated at $1.60, $1.68, and $1.86. A move above $1.86 could open a path toward $2.19, a level where another 3.12 billion XRP previously traded.

Macro Structure

EGRAG Crypto highlighted that XRP is approaching a retest of its 300-week moving average, currently near $1.03 and rising. A decline toward $1-$1.10 would not automatically invalidate the bullish structure, provided the asset reclaims and holds the moving average.

His macro roadmap outlines the following expansion targets:

• $1.65 — first major reclaim
• $2 to $2.80 — structural resistance zone
• $15, $27, $50 — longer-term targets as the channel opens

What the Numbers Show

The divergence between cumulative net inflows ($1.66 billion) and total net assets ($1.44 billion) suggests significant trading activity or fee deductions within the ETF structures since inception. The concentration of daily inflows, with Bitwise accounting for nearly 60% of the single-day volume on August 28, indicates heavy reliance on specific fund issuers for institutional or retail entry points.

XRP spot exchange-traded funds recorded $153 million in inflows during August, marking the strongest monthly performance since their inception last November. This surge in institutional demand occurred while the token’s price retreated to $1.3955 from a monthly high of $1.6930.

The divergence between rising fund assets and falling spot prices highlights shifting market dynamics for the asset. Third-party data from SoSoValue indicates that spot XRP ETFs added $26.2 million on Friday alone, bringing weekly gains to $110 million. Since launching in November of the previous year, these funds have accumulated a cumulative $1.66 billion in inflows and currently hold $1.4 billion in assets under management.

Institutional Accumulation Trends

August’s inflow figure represents the best monthly performance this year, surpassing the previous record set in May when funds attracted $131 million. The only month of outflows since inception was March, which saw a loss of $31 million in assets. Bitwise’s XRP ETF leads the category in terms of total assets managed.

Ripple USD and Technical Levels

Ripple’s stablecoin, RLUSD, launched in late 2024, has crossed $2.32 billion in total assets. The portion issued directly on the XRP Ledger exceeded $1 billion this week. Ripple Prime recently introduced Delta One, offering total return swaps across US-listed equities, indices, and digital assets to clients.

Technically, XRP remains supported by the 50-day moving average and holds slightly above the 50% Fibonacci retracement level at $1.3430. The recent price action mirrors broader crypto market weakness following hawkish remarks by Fed Chair Kevin Warsh at the Jackson Hole Symposium.

What the Numbers Show

The data reveals a clear decoupling between institutional accumulation via ETFs and retail-driven spot price movements. While spot prices fell nearly 18% from the monthly high, institutional investors added significant capital, suggesting long-term positioning rather than short-term speculation.