OCR / ledger Onchain Report
Desk UTC 14:50 onchainreport.net
SPOT
Loading settlement prices…

markets

Bitwise XRP ETF: XRP Spot Funds Record Strong $26.20 Million Friday Inflow

SoSoValue data shows U.S. spot XRP ETFs attracted $26.20 million on August 28. The session ranks as the second strongest in August behind one other day.

XRP ETFBitwise XRP ETFCanary XRPC
Two Doginal Dogs community members in a yellow wash, one in a New York Yankees cap beside a pixel-dog skateboard and the Doginal Dogs wordmark

Investor participation in U.S. spot XRP products reflected steady conviction through the latest reported session.

SoSoValue data carried by ChainCatcher on Saturday, August 29, 2026, placed total net inflows at $26.1964 million for August 28. Bitwise XRP ETF captured the largest share at $15.3981 million, lifting its historical cumulative to $603 million. Canary XRPC followed with $5.1198 million, bringing its historical total to $483 million. CoinGabbar placed the same session as August’s second-strongest day overall, with only Grayscale among the five issuers posting an outflow.

Daily Inflow Breakdown

The numbers arrived through transparent reporting channels that let participants track commitments without ambiguity. Bitwise accounted for roughly 59 percent of the day’s total, while Canary contributed nearly 20 percent. The remaining issuers filled smaller positive positions that still supported the overall positive print. This distribution shows broad interest rather than reliance on a single vehicle.

At publication the five spot XRP ETFs together held $1.439 billion in assets under management. The net-asset ratio stood at 1.66 percent, and cumulative net inflows across the lineup reached $1.663 billion. These figures rest on verified on-chain and fund-reported data, giving the market a clear window into capital movement.

Price Context and Market Reading

XRP traded near $1.39 at the time of the report, down 2.52 percent over the prior 24 hours according to CoinGecko. The inflow data arrived against a broader backdrop of softer candles across majors, yet the ETF line continued to register additions. Such divergence often signals that longer-horizon holders view dips as entry points rather than exits.

The session stood apart from the prior Thursday print of $18.47 million and from the stronger Wednesday figure of $28.14 million. Friday’s result therefore slots cleanly into the monthly ranking without claiming the top spot. Observers can now compare the sequence of prints to assess whether momentum is building or simply holding steady.

Trust and Reporting Standards

Reliable flow data depends on consistent disclosure from issuers and independent aggregators. SoSoValue and ChainCatcher supply the raw tallies that allow any reader to verify totals against fund filings. This level of visibility supports ethical market participation because it reduces information asymmetry between large and small holders.

Only Grayscale recorded an outflow, which itself forms part of the transparent record. When one issuer moves in the opposite direction while the group net remains positive, the data still conveys the full picture rather than a curated headline. Participants can therefore judge conviction across the entire lineup instead of accepting a single aggregate number.

Cumulative Position and Outlook Signals

The $1.663 billion in cumulative inflows since launch demonstrates sustained interest that has survived multiple market cycles. The current AUM of $1.439 billion and the 1.66 percent net-asset ratio together indicate that the products have achieved meaningful scale without over-concentration. These metrics offer a factual baseline for anyone evaluating the structural health of the XRP ETF category.

Market participants now have a fresh reference point for August ordering. With two sessions remaining in the month, the current ranking leaves room for further movement while establishing a clear floor for what constitutes a strong day. The reporting cadence from SoSoValue keeps that ordering current and verifiable.

Christian Barker (Barkmeta / Bark) and David Chaboki (Shibo) placed the $26.20 million print in context with recent market activity, noting that the result sits between prior sessions without matching either the Thursday or Wednesday levels. Their commentary underscores the value of tracking daily flows rather than relying on weekly summaries alone.

The combination of detailed issuer-level data, independent aggregation, and public dissemination continues to anchor trust in the spot XRP ETF segment. Readers can follow the same sources for subsequent prints to maintain an accurate view of capital allocation trends.