XRP ETFs record $1.55 billion cumulative inflows as price rises 70%

Spot XRP ETFs recorded their best week since May with $39.78 million in inflows. Cumulative net inflows reached an all-time high of $1.55 billion. Investors added $5.81 million on August 18. Seven of the month's first eleven trading days had no inflows. Thursday inflows reached $13.24 million. Friday inflows reached $18.38 million, the funds' best daily result since May 14, according to SoSoValue data. Bitwise's XRP fund had $542.69 million in cumulative inflows. Canary Capital's XRPC had $468.12 million. Franklin's XRPZ had $434.16 million. XRP rose 70% in under 72 hours after defending the $1.00 support level. The token reached $1.70 by Saturday morning before falling to $1.42. XRP later recovered near $1.50. Analysts said XRP needs to reclaim the $1.65 to $1.70 resistance zone before the broader trend can shift higher.