Key Takeaways
- • XRP ETF inflows collapsed 93% week-over-week to $1.01 million in the week ending August 9, 2026, down from $14.86 million the previous week, signaling a sharp reversal in institutional demand despite earlier positive sentiment.
- • XRP price remains under significant pressure, trading in the $1.35–$1.90 range after a brutal crypto market correction that erased approximately $220 billion from total cryptocurrency market capitalization in early June.
- • Institutional inflows earlier in 2026 failed to support the asset, with record ETF inflows recorded during May proving insufficient to prevent a 13% sell-off in early June and subsequent downward momentum through August.
- • XRP trades at roughly half its mid-2025 peak valuation, reflecting both broader cryptocurrency market weakness and potential deterioration in confidence from the institutional investor base that had shown earlier optimism via spot ETF purchases.
Summary
XRP has experienced a dramatic reversal in institutional investor appetite, with US spot ETF inflows plummeting 93% in the week ending August 9, 2026. Weekly net inflows dropped to just $1.01 million from $14.86 million the previous week, marking a stark departure from the "record ETF inflows" recorded during May 2026 and indicating a sharp loss of confidence among institutional buyers who had rotated into the asset earlier in the year.
The price action reflects this institutional pullback. XRP currently trades between $1.35 and $1.90 per token—approximately half its peak valuation from mid-2025. This collapse occurred amid a broader cryptocurrency market rout in early June that erased roughly $220 billion in total market capitalization. Despite enjoying what sources characterized as "steady inflows" and a period of institutional interest via spot ETF vehicles, XRP proved unable to withstand selling pressure across the wider crypto ecosystem.
The divergence between May's record inflows and the subsequent June sell-off—which saw XRP decline roughly 13% despite fresh capital entering spot ETF products—suggests that institutional demand proved insufficient to counterbalance broader market liquidation dynamics. This pattern indicates growing skepticism within the institutional investment community regarding XRP's near-term price prospects, even as the asset attracted some capital earlier in the year. The sharp 93% week-over-week decline in inflows as of August 9 underscores the fragility of institutional conviction and signals that any ETF-driven price support has effectively evaporated in the current market environment.
The price action reflects this institutional pullback. XRP currently trades between $1.35 and $1.90 per token—approximately half its peak valuation from mid-2025. This collapse occurred amid a broader cryptocurrency market rout in early June that erased roughly $220 billion in total market capitalization. Despite enjoying what sources characterized as "steady inflows" and a period of institutional interest via spot ETF vehicles, XRP proved unable to withstand selling pressure across the wider crypto ecosystem.
The divergence between May's record inflows and the subsequent June sell-off—which saw XRP decline roughly 13% despite fresh capital entering spot ETF products—suggests that institutional demand proved insufficient to counterbalance broader market liquidation dynamics. This pattern indicates growing skepticism within the institutional investment community regarding XRP's near-term price prospects, even as the asset attracted some capital earlier in the year. The sharp 93% week-over-week decline in inflows as of August 9 underscores the fragility of institutional conviction and signals that any ETF-driven price support has effectively evaporated in the current market environment.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.