XRP ETFs Draw Nearly $40 Million as Price Rally Fuels Demand

XRP recorded a strong week across both spot and exchange-traded fund markets as renewed investor demand fueled a sharp price rally and pushed XRP ETF inflows to their highest weekly level since May.

According to data from SosoValue, XRP ETFs attracted $39.78 million in net inflows during the week, with fresh capital entering the funds on nearly every trading day. The performance marked a notable turnaround after several weeks of limited inflows and relatively subdued institutional demand for XRP investment products.

The biggest inflow occurred on August 21, coinciding with a major surge in the XRP price. The cryptocurrency gained more than 20% within 24 hours, while XRP ETFs registered $18.38 million in net inflows that day alone.

The latest wave of institutional investment lifted cumulative net inflows into XRP ETFs to approximately $1.55 billion since the products launched late last year. The milestone highlights growing investor exposure to XRP through regulated investment vehicles as sentiment toward the broader cryptocurrency market improves.

XRP itself rallied nearly 60% over the period, making it one of the strongest-performing major altcoins during the latest crypto market recovery. The price increase helped revive interest among both retail and institutional investors after an extended period of weaker demand.

Bitwise emerged as a major beneficiary of the renewed XRP ETF activity. The investment firm led XRP funds in attracting capital during positive trading sessions and accounted for most of the August 21 inflows.

Bitwise's XRP ETF brought in $16.89 million in fresh capital during the latest session, significantly contributing to the day's overall $18.38 million inflow. The fund now holds approximately $443.46 million in net assets.

The combination of rising XRP prices and accelerating ETF inflows suggests institutional appetite has strengthened considerably. Investors will now be watching whether XRP can maintain its bullish momentum and whether ETF demand continues after the cryptocurrency's rapid weekly advance.