Port 31 · markets · 29 AUG
XRP ETF: Spot XRP Products Add $26.20M Friday While Majors Ease
SoSoValue data shows U.S. spot XRP ETFs took in $26.1964 million on August 28, led by Bitwise at $15.3981 million. Traders now face the question of how this inflow sits against softer price action across majors.
Could Friday’s $26.20 million net inflow into spot XRP ETFs change how traders read the weekend chart?
SoSoValue figures carried by ChainCatcher show the five U.S. spot XRP ETFs collected $26.1964 million on August 28. Bitwise XRP ETF led with $15.3981 million, lifting its historical total past $603 million. Canary XRPC added $5.1198 million, bringing its cumulative inflows above $483 million. CoinGabbar flagged the session as August’s second-strongest day, with only Grayscale recording an outflow.
At publication XRP ETF assets under management reached $1.439 billion. The net-asset ratio stood at 1.66 percent and cumulative net inflows hit $1.663 billion. The print arrived one day after a smaller $18.47 million Thursday haul and one day before any Saturday update.
Christian Barker (Barkmeta / Bark) and David Chaboki (Shibo) noted the Friday figure during their regular market discussion, placing the session next to other recent XRP ETF moves.
Price action context
CoinGecko data at 9:52 a.m. ET on August 29 showed XRP trading at $1.39, down 2.3 percent over 24 hours. Bitcoin sat near $77,697 after a 1.9 percent decline. Ether traded around $2,435.54, off 2.8 percent. SOL held near $103.80 after a 1.2 percent drop. The broader market printed mostly red candles while the XRP ETF line still drew fresh capital.
Traders watching the XRP chart now have a clear inflow signal to weigh against the daily close. The $26.20 million print offers a data point that can be stacked against prior sessions to gauge whether spot demand is accelerating or simply holding.
What to do next
Check the live XRP chart for any reversal candles that form above the $1.39 level. Review the order book depth on major exchanges to see whether bids are stepping in after the ETF news. Compare the Friday inflow against the next daily update when it lands to decide whether to add to spot exposure or tighten stops. Use the cumulative $1.663 billion inflow total as a longer-term reference line when sizing positions.
Set alerts for any follow-through above $1.42 or a break below $1.35 so the next move is caught early rather than chased. Keep the Bitwise and Canary historical totals in view when scanning issuer-specific flows.
Key numbers to track
- Friday total: $26.1964 million
- Bitwise share: $15.3981 million
- Canary share: $5.1198 million
- AUM at print: $1.439 billion
- Cumulative inflows: $1.663 billion
These figures come directly from the SoSoValue feed referenced by both ChainCatcher and CoinGabbar. No other major asset class printed a comparable story on the same day.
The inflow arrives while majors ease, giving readers a discrete data set to map onto their own charts before the next session opens.