US spot XRP ETFs drew $39.78 million last week, their strongest weekly inflow in more than three months, while cumulative net inflows reached a record $1.55 billion. Demand strengthened late in the week as XRP recovered sharply from its early-August lows.
The funds added $13.24 million on Thursday and $18.38 million on Friday, according to SoSoValue data. Friday became the strongest single session since May 14. The rebound followed a slow start to August, when seven of the first 11 sessions reportedly recorded no inflows.
Bitwise leads cumulative inflows with about $542.7 million, followed by Canary Capital at roughly $468.1 million and Franklin Templeton near $434.2 million. Together, those three funds account for most capital held by US spot XRP ETFs.
ETF demand rose as XRP delivered one of its strongest moves this year. The token held support near $1.00, then climbed about 70% within 72 hours to $1.70. That level marked its highest price in seven months.
XRP later pulled back toward $1.42 before recovering to around $1.50. Earlier in August, the token had spent hours trading between roughly $1.008 and $1.05. The wider market also strengthened as Bitcoin briefly crossed $79,000 and several large altcoins gained more than 30%.
Grayscale research earlier suggested XRP ETFs could eventually absorb 5% to 6% of circulating supply if adoption follows Bitcoin and Ethereum funds. Ripple’s expanding payments business and estimated $50 billion valuation have also supported expectations for continued institutional interest.
Meanwhile, analyst CW claimed Coinbase-linked whales were controlling XRP near $1.51 through large buy and sell walls. The chart showed XRP consolidating around $1.52 to $1.53, with sell orders above $1.70 and $2.00.
Buy orders also clustered just below $1.52. CW argued that the walls aimed to keep XRP within a narrow range rather than force a move in either direction. Can renewed XRP ETF demand overcome those order walls if institutional buying continues?
CW later pointed to futures positioning as another part of the setup. Whale long-to-short ratios on Binance and OKX leaned bullish, while OKX’s whale position ratio reached 8.16. Smart-money sentiment stayed extremely bullish on OKX but extremely bearish on Bybit and bearish on Binance.
Read More: Why is XRP Rising Today? Ripple Prime, Institutional Adoption Explained
Taker volume remained close to balanced, with 48.74% long volume against 51.26% short volume. In another post, CW said XRP had moved above its point of control and main resistance zone. The analyst also said the sell wall above price had become smaller by comparison.
For now, $1.65 to $1.70 remains the key technical barrier. A sustained move above that range would strengthen the breakout structure, while another rejection could keep XRP below its seven-month high.
XRP ETF inflows reached a record $1.55 billion as the token rebounded from early-August lows. At the same time, analyst CW pointed to Coinbase-linked order walls and mixed futures sentiment. The next key market level remains $1.65 to $1.70, where XRP previously met resistance.