XRP is attracting institutional attention. U.S. spot XRP ETFs recorded net inflows of approximately 73.2 million XRP, worth roughly $105 million, during the week of August 24, a level of dema
XRP is attracting institutional attention. U.S. spot XRP ETFs recorded net inflows of approximately 73.2 million XRP, worth roughly $105 million, during the week of August 24, a level of demand that crypto analyst Ali Martinez says is impossible to ignore.
"$105 million in XRP bought," Martinez wrote on X, flagging the weekly ETF flow as a notable shift in institutional appetite for the asset at a moment when XRP's price structure is also turning technically constructive.
Martinez followed the ETF data with a direct technical call. "Breakout confirmed," he wrote on X. "XRP has cleared resistance. Next target: $1.70."
He mentioned that XRP rallied 71.8% from $0.988 to $1.698 before entering a 20% correction that brought it back to test a critical support zone.
Related: XRP active addresses jump 655%, analyst warns of bigger moves
URPD data shows approximately 3.2 billion XRP were traded between $1.35 and $1.38, making that range one of the most significant demand levels on the chart.
The asset's ability to hold that support and then clear resistance above it gives Martinez's breakout call a structural foundation rather than just a momentum read.
The $105 million weekly inflow into spot XRP ETFs represents more than a trading signal.
It points to growing institutional conviction in XRP at a moment when regulatory clarity has improved significantly following Ripple's SEC victory, in which Judge Torres ruled XRP itself is not a security.
That ruling removed the single biggest compliance barrier for institutional allocators.
The ETF inflow data suggests that barrier's removal is now translating into real capital deployment rather than just theoretical interest.
Related: Nearly 1 billion XRP just vanished from market, and Ripple had nothing to do with it
