For the eighth consecutive week, the spot $XRP ETFs ended in the green, attracting almost $19 million. Although this sounds impressive, the actual number was significantly lower than last week’s figure.
Moreover, Friday ended as a no-inflow day for the first time in about three weeks, reigniting an old dilemma about actual demand.
$XRP ETFs Still in the Green
The last full week of August was the best for the $XRP ETFs in 2026. They gained over $110 million, making it the most impressive one since early December 2025. The first slowdown during the previous business week was felt on August 31, when investors poured in a more modest $5.64 million.
The double-digit net inflows returned on September 1 with $14.38 million, but the trend changed on Wednesday when withdrawals were dominant with $7.20 million taken out. This was the first red day for the Ripple ETFs since August 5.
$6.14 million entered the funds on Thursday, but Friday was a no-show day with SoSoValue data showing flows of $0.00. The good news is that the cumulative total net inflows hit another all-time high of $1.68 billion.
The worrying part of the weekly performance is actually twofold. First, it was Wednesday’s net outflows, which broke a near-one-month streak. Second, it was Friday’s no-reportable flows, which raised concerns that had been forgotten in the past few weeks.
Before the market-wide revival experienced after August 19, the spot $XRP ETFs had seven such days out of 11 trading days in August. Nevertheless, the broader weekly performance was still bullish with almost $19 million in net inflows. The streak of consecutive green weeks is up to eight.
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$XRP Defends $1.40
Despite the massive inflows of over $110 million during the previous business week, the underlying asset had failed to capitalize and had fallen below the key support at $1.40 last weekend. It dipped further to $1.33 during the new week, but finally found support and surged to $1.45 on Friday.
It was stopped there and pushed south to $1.41 as of press time, which means that it remains above the key support at $1.40. Analysts remain highly bullish on its recent performance, claiming that its bull phase has finally begun. Moreover, Ali Martinez and EGRAG CRYPTO outlined some mind-blowing price targets for the culmination of the bull market, of up to $60.
We break them down in more detail in this article, and review the actual obstacles $XRP would have to face on its way to these levels.