Bitwise XRP ETF: XRP ETF Demand Holds Steady at $18.47 Million Amid Thursday Dip

Is the XRP chart losing momentum even while fresh capital keeps landing in spot ETFs?

SoSoValue data reported by Gate News and ChainCatcher on August 28 shows U.S. spot XRP ETFs recorded $18.47 million in net inflows on August 27. Bitwise XRP ETF took in $12.16 million and Franklin XRPZ added $6.31 million. Cumulative net inflows now sit near $1.637 billion with net assets around $1.489 billion. Bitwise has accumulated roughly $587 million lifetime while Franklin XRPZ stands near $460 million.

Price action snapshot

XRP traded near $1.42 on CoinGecko at the Friday open, down about one percent on the day. Majors held mixed with Bitcoin flat near $79,413 and Ethereum up roughly 0.7 percent at $2,513. The modest XRP pullback arrives after several sessions of range-bound moves, yet ETF flows remain the clearest sign of sustained institutional interest. Traders on the timeline watched the daily candle close with steady bid underneath despite the red wick.

Community chatter picked up quickly once the numbers landed. Holders pointed to the continued buying as proof that long-term conviction runs deeper than any single session swing. KOLs highlighted how spot products keep pulling capital even on quieter price days, framing the flow as a floor under sentiment rather than a headline-grabbing spike.

What the numbers signal

The $18.47 million print marks a step down from the prior session yet still adds to an already sizable pile. Spot products have now drawn roughly $1.637 billion since launch, a figure that keeps XRP in the conversation alongside larger majors. The two leading funds alone accounted for the entire Thursday total, showing concentrated demand rather than scattered retail entries.

Market participants noted the inflows arrive while XRP itself chops inside a tight band. Some see the combination as healthy digestion after earlier runs, others treat the steady ETF bid as the real story driving mindshare. Either way, the community energy stays elevated because the capital keeps arriving instead of pausing.

Broader context

Data from SoSoValue and cross-checked on financefeeds.com places the XRP flow inside a larger picture of crypto ETF demand that day. Bitcoin and ether products also extended multi-day streaks, yet XRP captured a meaningful slice on its own. The consistent weekly cadence suggests sponsors and allocators remain comfortable adding exposure even when short-term price action looks muted.

Community pulse

Crypto Twitter lit up with threads breaking down the per-fund split and what it means for spot holders. Many framed the print as validation that the XRP narrative still commands institutional attention. Others zoomed in on the lifetime totals, noting how quickly the products crossed the $1.6 billion mark. The vibe stayed constructive, with users swapping chart screenshots and debating whether the next green candle would finally break the range.

The story now turns on whether Friday’s session builds on the inflow momentum or pauses for another round of range trading. Either outcome, the community has clear numbers to track and a steady source of fresh data each week.

SoSoValue remains the primary reference point for daily ETF flow updates alongside Gate News and ChainCatcher reports.