XRP ETFs Extend Inflows as Bitcoin Funds See Outflows
U.S.-listed XRP ETFs extended their positive run on September 9, recording $12.29 million in net inflows after receiving $1.55 million the previous day. The latest inflows came entirely through Bitwise and Grayscale products, marking a second consecutive positive session. Earlier, XRP ETFs had completed an 11-session inflow streak worth about $170 million, lifting cumulative net inflows to nearly $1.69 billion. Their strongest weekly inflows in late August reached $110.49 million.
The XRP ETF inflows contrasted with mixed flows elsewhere. Bitcoin ETFs recorded $120 million in outflows on September 9, following $46.65 million the previous day. Ethereum ETFs attracted $34.75 million, while Solana products received $11.73 million. Despite the improvement, XRP ETF assets remain modest at about $1.51 billion, compared with roughly $55.59 billion in cumulative Bitcoin ETF inflows. Institutional filings have identified Goldman Sachs, Jane Street and Millennium Management as XRP ETF holders, with Goldman Sachs’ exposure estimated at $87.4 million.
XRP traded near $1.3684 on September 9, down 4.7% over 24 hours and below its early-September high near $1.65. The token had previously traded around $1.43 and gained over the preceding week, showing that ETF inflows have not produced a consistent price response. Traders may view the XRP ETF data as a modestly supportive signal, but sustained inflows across more sessions are needed to confirm stronger institutional demand.
Neutral
The XRP ETF flows are a mildly positive demand signal, but the immediate price impact has been weak. XRP ETFs recorded two consecutive inflow sessions, following a longer inflow streak and rising institutional visibility. However, the latest $12.29 million inflow remains small compared with Bitcoin ETF flows, and XRP ETF assets are still far below Bitcoin’s scale.
In the short term, the divergence between positive ETF flows and XRP’s 4.7% daily decline suggests that broader market conditions, profit-taking and technical selling remain more influential than ETF demand. Traders may see support near recent levels, but the retreat from approximately $1.65 indicates that inflows have not yet generated reliable upside momentum. In the longer term, sustained net inflows, increasing institutional holdings and stronger trading volume could improve market confidence and support XRP. Until that pattern is confirmed, the price outlook remains balanced rather than clearly bullish or bearish.