XRP is trading at $1.47, down 1.25% in the last 24 hours, but the flow picture is turning brighter. US spot XRP ETFs pulled in roughly $18 million on Friday, led by Bitwise, Grayscale, and Franklin, lifting cumulative net inflows to about $1.51 billion. Total net assets for the funds now sit around $940 million.
Friday's flow snapshot
Friday's number is a relief after a sharp slowdown. Earlier in August, weekly inflows collapsed roughly 93% to just $1.01 million. That kind of dry spell had traders wondering if the post-approval momentum had died. The $18 million isn't massive, but it's real money, and it's spread across three of the biggest issuers.
The $1.20 line that flipped
The price action tells a similar story. XRP had spent time trading between $0.98 and $1.01 after losing the $1 handle, and that felt like a warning. But the $1.20 resistance zone has now been taken out. The token isn't just back above $1 — it's well clear, and the $1.40–$1.55 band is where it's been consolidating lately.
What gets XRP to $2
The bull case is simple: if ETF inflows keep coming, XRP could make a run at its $2 high. That's a big if, though. Right now, traders are watching whether the $1.40–$1.55 band holds. If it does, they'll wait for the next flow update before adding risk. If Friday's money turns out to be a one-off, the consolidation could stretch on.
The macro caveat
There's also a wider worry sitting in the background. The federal debt overhang, at roughly $40 trillion, is still a risk for every risk asset, not just XRP. A sharp reversal of ETF sentiment — or a broader macro shock — could drag XRP back toward $1.20 support. That's the floor that used to be resistance.
The next weekly flow report will tell whether Friday's $18 million was the start of a trend or just a bump. Until then, XRP's stuck in the band, waiting.
