Two Days Of Zero XRP ETF Inflows — Here Is What The Data Shows

For two straight trading days, XRP ETF inflows have been silent, with zero new money entering the funds, pushing the token back below the $1.10 support level on Wednesday. 

Eight Months of XRP ETF Data 

To put the current data into perspective, when spot XRP ETFs were launched at the end of 2025, they immediately generated significant demand. Over $666 million poured in during November, followed by nearly $500 million in December. 

January saw just $16 million in inflows. February recovered to $58 million, and March went negative with $31 million leaving the funds. But the second quarter brought a rebound of $82 million in April, $132 million in May, and another $59 million in June. 

July has been a different story. Total inflows for the month so far stand at just $4.68 million — a fraction of any full month since the funds launched. Total assets across the XRP ETF sector have slipped from approximately $1.05 billion to $1.02 billion. 

The Two Forces Behind The Drought 

Market expert Sam Daodu pointed to two main forces behind the shift in his latest analysis of the altcoin. The first is simply the broader market environment. 

When investors turn cautious, smaller and riskier assets tend to get sold first — though Daodu noted that even Bitcoin (BTC) ETFs recorded billions in outflows during the same weeks when XRP funds were still bringing in money.

The more significant factor, in Daodu’s view, is who has been doing the buying. According to Bloomberg data cited by the expert, approximately 84% of the capital that flowed into XRP ETFs came from retail investors. That matters because retail buyers chase prices higher and retreat when prices fall. Institutional money tends to move slowly and hold through dips. 

The stalled CLARITY Act adds another layer. The bill, which would establish a regulatory framework for the broader crypto market, missed a White House target of passing by July 4 and now faces an early August window as its last realistic shot at passage this year. 

For investors waiting on a clear regulatory signal before committing fresh capital to XRP, the delay gives them every reason to hold off, Daodu said, while adding that there is no urgent catalyst on the immediate horizon.

On-Chain Data Is Moving In The Other Direction 

In a more bullish note, the expert identified that large XRP holders — wallets containing between 100 million and 1 billion XRP — have been buying the current dip, adding to their positions as the price fell. Moreover, new XRP Ledger (XRPL) wallet creation hit a three-month high this month near the 5,000 mark. 

The amount of XRP sitting on Binance has dropped to a two-year low, down about 20% since late 2024 — a move that typically signals holders transferring coins into private storage for long-term holding rather than preparing to sell. 

Bitwise’s XRP ETF, the largest in the sector, also crossed $500 million in total cumulative inflows — a milestone Daodu asserted would not be reached if institutional interest had genuinely evaporated.

Featured image generated with OpenArt.