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XRP hits $1.70 as spot ETF inflows surge to a 2026 high of $110M in a week

Market News
31 Aug 2026
Crypto Briefing
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Bullish
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XRP reached about $1.70 in late August 2026, driven by a record $110.49 million weekly inflow into spot XRP ETFs, marking the highest institutional interest this year. The cumulative inflows have hit $1.66 billion since these ETFs launched in November 2025, with Bitwise and Franklin Templeton leading contributions. Despite a slight price pullback from $1.70, ETF inflows remain strong, signaling continued institutional confidence. Analysts see $1.70 as a key resistance level; a sustained break above could push XRP toward $2.00, while failure might lead to consolidation between $1.40 and $1.60.

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