Seven U.S. spot XRP ETFs traded higher after Sept. 2, with lower-net-asset funds gaining 16% to 17% while XRP rose 7.04% to around $1.44. Grayscale’s XXRP climbed 17.10%, UXRP gained 17.01% and XRPT advanced 16.78%, while Bitwise’s XRP fund and Franklin Templeton’s XRPZ rose 8.47% and 8.36%, respectively. CryptoQuant analyst Xaif_Crypto highlighted interim ETF volume of $19.7 million. The divergence appeared linked to a temporary supply-and-demand imbalance in U.S. exchange order books, allowing less-liquid ETF shares to trade at substantial premiums to net asset value. SoSoValue data showed a combined $7.2028 million net outflow on Sept. 2, entirely from Bitwise, before flows reversed to $6.1376 million in net inflows on Sept. 3. Franklin’s XRPZ led the positive session with $3.1868 million, followed by Bitwise’s XRP ETF with $2.9508 million. The latest inflow was below the $7.69 million recorded in a comparable session and well below the roughly $45 million absorbed during the strongest three-day stretch. One positive session does not establish a trend or prove a causal price move.