On August 31, XRP was changing hands around $1.37, experiencing approximately a 2% pullback over the preceding 24-hour period. Attention has shifted toward an upcoming Senate vote on September 15 that may significantly influence XRP's near-term trajectory.
Ripple has unlocked 1 billion XRP as part of its regular monthly escrow release, according to blockchain transaction tracker Whale Alert.
Despite XRP's price volatility, investor demand for US spot XRP ETFs has remained strong, attracting over $1.66 billion in cumulative inflows.
Is XRP positioning itself for a major rally?
Outstanding XRP futures positions outside CME fell by more than 500 million tokens in two weeks, while exposure on the regulated U.S. exchange climbed about 36% as XRP rallied toward $1.40.
Institutional interest in XRP ETFs signals growing integration of cryptocurrencies into traditional finance, potentially boosting market confidence. Goldman Sachs, Jane Street, Millennium lead XRP ETF holdings: Q2 filings.
XRP derivatives positioning is back in focus after CFTC Commitments of Traders data showed a 115.
Bitwise's XRP ETF has surpassed $500 million in assets under management nine months after its launch. The fund now holds nearly 364.8 million XRP, giving brokerage-account investors indirect exposure to the crypto token without direct custody. Bitwise XRP ETF Passes $500 Million Milestone Bitwise Asset Management stated in an Aug.
With resistance breaking, these demand levels got XRP's whales increasingly accelerating their trading turnover.
Spot XRP funds have drawn inflows for nine straight days, reaching $1.6 billion in cumulative net inflows even as the token's price cools.
Bitwise's spot exchange-traded fund reached $500 million in assets under management nine months after its market debut. The issuing firm holds approximately 364.8 million XRP tokens in custody as of the end of August. Total combined assets across all XRP ETFs in the US market reached $1.53 billion.
The XRP Sharpe Ratio has improved from -0.3 in July to 0.207 now, the highest since August 2025.