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XRP ETFs gain for fourth week but price nears key $1 support amid cautious market signals

Market News
09 Aug 2026
Cointribune
View Source
Neutral
XRP ETFs gain for fourth week but price nears key $1 support amid cautious market signals

XRP-linked spot ETFs have recorded a fourth consecutive week of gains, with July net inflows totaling $27.29 million. However, inflows slowed sharply in early August to about $1 million, contrasting with strong Bitcoin and Ethereum ETF inflows. Meanwhile, XRP's price dropped close to a critical $1 support level, pressured by a postponed U.S. Senate vote on the CLARITY Act. Analysts are watching if the $1 support holds, as a rebound above $1.05 could signal a recovery, though sustained inflows are needed for a strong price rally.

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