U.S. spot XRP ETFs hold $1.7B, but weekly inflows slow to about $4M
AI Market Summary
US spot XRP ETFs now hold about $1.7B (~1.13B XRP), but weekly net inflows slowed to roughly $4M, signaling softer marginal demand. Flows are fragmented across issuers, with Bitwise seeing inflows while Franklin and Canary recorded outflows, implying reduced consensus positioning. XRP also fell to around $1.43 with a >5% 24h decline, reinforcing near-term risk-off pressure around the ETF complex.
Impact level
● Medium
Affected assets
XRP/USDT-5.72%
AI Insight · XRP/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
U.S. spot XRP ETFs now hold about $1.7 billion in assets, equivalent to roughly 1.13 billion XRP, as inflows have cooled markedly. Net inflows totaled about $3.14 million on Oct. 6, while the past week brought only around $3.90 million in net new money. Flows diverged by issuer: a Bitwise fund drew about $11 million in a single day, while Franklin and Canary funds saw outflows of roughly $4.1 million and $3.3 million, respectively. XRP fell to around $1.43 on the day, down more than 5% over 24 hours.
