XRP-focused exchange-traded funds have now locked approximately 992.5 million XRP, according to ETF tracker data as of Thursday, August 13. The accumulation spans seven XRP ETFs, underscoring persistent institutional interest even as XRP has registered its lowest daily close and continued to revisit multi-year lows.
Despite the weak price action, cumulative net inflows across all existing XRP ETFs have climbed to $1.51 billion. However, the latest trading session recorded $0 in net inflows, indicating that the rapid accumulation phase may be cooling. The funds still maintained substantial assets under management, even without new capital entering during the session.
The buildup has drawn a bullish narrative because the lockup is not being driven directly by Ripple. Unlike previous large XRP movements associated with Ripple that often sparked speculation about token locks and holder impact, this accumulation is being viewed as organic demand from investors gaining exposure through ETF products. The shift highlights growing institutional adoption rather than Ripple-related token movements.