XRP (XRP) Sees $28M ETF Surge as Whales Scoop Up 460 Million Tokens

Key Highlights

• US-based XRP ETFs attracted $28.14 million on August 26, marking 2026’s second-biggest daily inflow
• Bitwise dominated with $13.12 million in contributions, with Franklin Templeton and Canary Capital following
• Whale wallets scooped up approximately 460 million XRP tokens, the strongest accumulation pattern since February
• XRP surged past its 200-day EMA for the first time since October 2025, sparking a rally to $1.70
• Critical support established between $1.35–$1.40, with traders monitoring $1.48–$1.52 as the next breakout area

XRP bounced back above the $1.40 threshold following a week characterized by robust institutional participation and heightened ETF interest. The digital asset gained approximately 20% across a seven-day period before experiencing profit-taking near the $1.70 peak.

XRP Price

According to data compiled by SoSoValue, US-listed spot XRP exchange-traded funds registered $28.14 million in net inflows on August 26. This represented the second-strongest daily performance in 2026, trailing only the January 5 session that attracted $46.1 million.

Bitwise’s XRP exchange-traded fund captured the lion’s share with $13.12 million in inflows, representing 46% of the day’s total. Franklin Templeton’s XRPZ product contributed $9 million, while Canary Capital’s XRPC fund attracted $6.01 million. Neither 21Shares nor Grayscale reported activity during this session.

Source: SoSoValue

XRP-focused ETFs have maintained a seven-day streak of positive net inflows, collectively drawing $106 million throughout this period. This pattern indicates a resurgence of institutional appetite, with major investors capitalizing on the recent price correction.

Major Holders Increase Positions During Correction

Large-scale holders added roughly 460 million XRP tokens to their portfolios during the recent retracement, representing the most substantial whale accumulation observed since February. This behavior demonstrates conviction among sophisticated market participants despite short-term price volatility.

Last week, XRP climbed above its 200-day exponential moving average for the first time since October 2025. This technical breakthrough catalyzed a short squeeze that propelled prices to $1.70 before encountering resistance.

Following this spike, the token retraced and tested the 200-day EMA from overhead, where demand emerged once again. Market participants are now closely monitoring the $1.35–$1.40 range as critical support infrastructure.

Technical analyst Jules (@JulesNetX) characterized the advance from $1.00 to $1.70 as a liquidity capture at the upper boundary. He observed that the subsequent pullback found support within the $1.36–$1.40 demand area, suggesting that maintaining this level would bring $1.48–$1.52 back into focus with decisive 4-hour closures. He cautioned that failure to hold could necessitate a more substantial correction.

Broader Market Context and Sentiment Indicators

The cryptocurrency sector received additional support from macroeconomic catalysts. The United States Treasury Department disclosed an expansion of bond repurchase operations, which moderated interest rate increase expectations heading into September’s Federal Reserve policy meeting.

The Crypto Fear and Greed Index climbed into “Extreme Greed” territory at 80, reaching levels last observed in December 2024. During that previous episode, XRP was changing hands near $3.40 following the post-election momentum surge.

Source: TradingView

As of August 27, XRP traded at $1.4634. The Relative Strength Index registered 56.48, indicating moderate bullish momentum without entering overbought conditions. The Chaikin Money Flow indicator measured 0.04, marginally above neutral territory.

Immediate resistance appears at $1.50. Clearing this barrier would expose $1.60, representing approximately 9.3% upside from present levels. One market strategist has established a price objective of $1.80 with risk management positioned beneath the 200-day EMA.

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