Despite the XRP spot ETF recording a net inflow of $28.14 million on August 26, its strongest single-day performance in seven months, the price of XRP tokens fell by 4.1% on August 28, and the Bitwise XRP ETF also dropped to $15.64. Analysts pointed out that this inflow was relatively modest and was accompanied by the forced liquidation of over $20 million in leveraged long positions, leading to skepticism in the market about whether this inflow truly signals a shift in demand.