XRP (XRP) Spot ETFs Post Record $153 Million August Inflows

Record August for XRP Spot ETFs

XRP (XRP) spot ETFs just posted their strongest month on record, even as the token's price moved the other way. Flow data shows the spot trading products absorbed $26.2 million on August 28 alone, lifting weekly net inflows to $110 million and pushing August's cumulative haul to $153 million — overtaking May's $131 million as the best month since the funds launched. Since their November debut, the products have recorded only a single month of net outflows, March, when $31 million left. Cumulative net inflows now stand at $1.66 billion, with total assets under management of $1.4 billion across offerings that include Bitwise's XRP ETF. The persistent flows read as steady institutional accumulation of XRP, Ripple's cross-border settlement asset, through a soft tape. Ripple's dollar stablecoin crossed a milestone of its own: RLUSD's total assets climbed past $2.32 billion, and the amount minted natively on the XRP Ledger topped $1 billion for the first time this week. The company's institutional push is widening too — Ripple Prime introduced Delta One, a service supporting total return swaps on US-listed stocks, indices and digital assets. Price action told a different story: XRP retreated sharply from its August high of $1.693 as Bitcoin and Ethereum weakened alongside it, a slide that gathered pace after Fed Chair Kevin Warsh delivered hawkish remarks at the Jackson Hole symposium. Our read of the order flow is that institutions used the dip to add exposure rather than chase strength, which is why the inflow record landed in a down month. For investors weighing venue selection, our guide to the best crypto exchanges covers the platforms with the deepest XRP books.

Analyst Maps $1.86 Breakout Toward $2.19

Technical analyst Ali Martinez argues the pullback has delivered XRP into one of its most heavily traded demand zones — and that the short-term structure has already turned. Martinez notes XRP staged a 71.8% rally from $0.988 to $1.698 before surrendering roughly 20% of the move, falling back into a zone where investors transacted heavily. Cost-distribution data of the UTXO realized-price type shows about 3.2 billion XRP changed hands in the $1.35–$1.38 band, making it one of the asset's most significant support and resistance shelves. Should that zone hold, overhead supply stacks up quickly: roughly 1.99 billion XRP traded near $1.60, 1.98 billion near $1.68 and 3.47 billion around $1.86. In Martinez's framework, a strong break above $1.86 — the heaviest cluster of the three — would clear the path for a fresh leg toward $2.19, where about 3.12 billion XRP previously changed hands. In a follow-up post he flagged that XRP had already broken its near-term resistance, calling the breakout “confirmed” and setting $1.70 as the next target on the current technical picture. His levels sit alongside a broader accumulation narrative we have tracked: see our coverage of the $1.66 billion cumulative ETF inflow milestone, and note that the Bitwise CEO has cautioned no single XRP fund holds $1 billion yet. More XRP ETF coverage and our altcoin market hub track how these flows evolve. Readers tracking the market in real time can follow live spot and futures prices on Bybit.

$1.40 Ceiling in Focus

COINOTAG's proprietary 42-indicator composite S/R scoring engine frames the immediate battleground narrowly. The $1.3989 resistance scores 87/100, driven by the confluence of a low-volume node, the daily pivot point, the value area high and a high-volume node — spot trades at $1.3864, just beneath it after a 0.37% daily dip. Beneath, the $1.3560 support rates 77/100 on VWAP, the Fibonacci 0.500 retracement and the Ichimoku Kijun. Derivatives positioning leans crowded: funding sits at a mildly positive 0.0037%, open interest at $972.9 million, and the long/short account ratio at 2.82, with 73.8% of accounts long — a setup vulnerable to a squeeze if support fails. With the Fear & Greed Index at 69 (Greed), a daily close above $1.3989 targets $1.5472 (68/100); losing $1.3560 shifts the bias toward $1.1514. The MACD remains bullish and RSI at 64 leaves room to run — our uptrend reading holds unless $1.3560 gives way.