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US spot XRP exchange-traded funds recorded $110.49 million in net inflows during the week ending August 28, marking the strongest weekly performance for the assets in 2026.
Crypto analyst Ali Charts stated on X that XRP ($XRP) has cleared a descending resistance line on its one-hour chart, identifying the token's previous high of $1.70 as the next price target.
The technical call coincides with a significant surge in demand for the ETFs, which more than doubled the previous weekly high of approximately $60.5 million set in May.
SoSoValue data, reported by BeInCrypto, showed the latest inflows pushed cumulative net inflows to roughly $1.66 billion.
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