📝 Executive Summary
U.S. spot XRP ETFs recorded $17.43 million in net inflows over two sessions, even as the underlying asset price dropped 4% to $1.36. Institutional and RIA-driven demand continues to lock up supply, with funds now holding approximately 1.07 billion XRP, or 1.7% of the circulating supply. Investors are closely watching the upcoming Federal Reserve rate decision on September 16 for further market direction.