XRP ETF Inflow Growth Decelerates Following Macro and Regulatory Headwinds

Cumulative net inflows into XRP exchange-traded funds reached approximately $1.71 billion by September 18, 2026, leaving a $290 million deficit to achieve the $2 billion threshold. Weekly allocations have decelerated over the past three weeks, falling from $18.98 million in the week ending September 11 to $9.57 million in the week ending September 18, which pulled the three-week moving average down to $13.96 million.

The recent deceleration coincided with key regulatory and macroeconomic developments. On September 15, the US Senate rejected the CLARITY Act by a 49 to 50 vote, a day during which XRP funds registered zero net inflows. The subsequent day, the Federal Reserve lifted its target interest rate range by 25 basis points to between 3.75% and 4.00%, generating $3.5 million in inflows primarily attributed to Franklin Templeton.

Across the five trading sessions leading up to September 18, Franklin Templeton was the only issuer to post a positive net inflow. Over that period, daily flows ranged from an inflow of $11.26 million on September 14 to outflows of $5.15 million and $43,699 on September 17 and 18, respectively, leaving total net assets across the funds at $1.51 billion.

Based on calculations reported in the piece, sustaining the latest weekly inflow pace of $9.57 million would require roughly 30 weeks to reach $2 billion in cumulative inflows, compared to 21 weeks at the three-week average pace or 15 weeks under the prior week's run rate.