XRP's weekly ETF inflows reportedly collapsed to $1.01 million, the weakest showing among major crypto ETFs, while Bitcoin and Ethereum funds pulled in hundreds of millions. Whale wallets kept buying even as Grayscale's XRP Trust disclosed outflows for the first half of 2026, and one analyst expects another 20-40% downside as he scales into XRP gradually.
XRP ETF demand craters as Bitcoin, Ethereum funds surge
Institutional demand for XRP appears to weaken. Weekly XRP ETF inflows reportedly plunged 93% to just $1.01 million, down from $14.86 million a week earlier. Total XRP ETF net assets also slipped to about $964 million from $988 million, making XRP the weakest performer among major crypto ETFs.
The contrast with Bitcoin and Ethereum is clear. Bitcoin funds pulled in a $754 million inflow after a $61.53 million outflow, an $816 million weekly turnaround. Ethereum ETFs added around $195 million, almost seven times the previous week's $27 million. The weekly XRP figure also hides a midweek recovery: flows fell to -$3.58 million on August 5 before turning positive at $3.45 million on August 6.
Whale wallets buy as Grayscale's trust logs outflows
Large whale wallets holding roughly 100 million to 1 billion XRP tokens increased their supply share from 10.6% to 11.99%, on-chain data shows. Smaller whales holding 10 million to 100 million XRP sold earlier in the week before turning back to buying on August 6.
Grayscale's XRP Trust, however, added to the selling pressure. Its SEC Form 10-Q showed 103.41 million XRP, worth about $180.78 million, in net outflows during the first half of 2026. CoinGlass also recorded $9.48 million in XRP liquidations, with almost 98% coming from long positions.
Patel and ChartNerd map possible XRP downside
Crypto analyst Crypto Patel says his bearish XRP call from July 2025 has largely played out, with XRP now down 72% from its cycle peak. He expects another 20-40% downside and sees $0.85-$0.65 as a potential long-term accumulation zone, rather than trying to predict the exact bottom. He plans to scale into XRP gradually, with long-term targets of $3, $5, $7 and $10+.
Another analyst, ChartNerd, says XRP first needs to reclaim $1.05-$1.06, which has turned from support into resistance, before a meaningful relief move can develop. He expects XRP to enter a long accumulation phase after the current bear market. XRP itself rose 0.64% to $1.03 in the last 24 hours, slightly behind Bitcoin's 1.04% gain.
Source: Coinpedia Fintech News
Trading involves risk.
Risk Disclaimer
