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U.S. spot XRP ETFs recorded $11.31 million in net inflows between October 5 and October 9, even as XRP fell from about $1.52 to $1.40 and briefly touched $1.32. Bitwise supplied $10.55 million of the total, while Franklin Templeton’s XRPZ added $4.10 million and Canary Capital’s XRPC recorded a $3.34 million outflow. Three of the five sessions had no net flow.
Why it matters
The headline inflow figure masks a narrow source of demand. Excluding Bitwise, the other funds combined for only about $760,000 in net inflows, leaving the latest result heavily dependent on one issuer. The streak has now reached 12 weeks, but the recent data do not show evenly distributed buying across the market.
XRP was also the only one of the cited bitcoin, ether, solana, and XRP fund groups to finish the week with net inflows. U.S. bitcoin funds, by contrast, lost $681 million. That relative resilience is notable, but a single week does not establish that ETF demand can absorb continued selling in the spot market.
Market impact
The immediate technical test is the $1.32 to $1.38 support zone. Holding that area while ETF flows remain positive would be consistent with dip buying, but one bounce would not confirm a durable floor. A break below the zone would show that inflows have not prevented further deterioration.
On the upside, XRP needs a sustained reclaim of the $1.50 to $1.56 resistance band to provide stronger evidence of short-term trend improvement. ETF net assets stand at about $1.57 billion against roughly $1.8 billion in cumulative inflows since launch, a gap of around $230 million that offers a rough mark-to-market indicator. Evernorth’s XRPN also began trading on Nasdaq on October 12 and holds about 473 million XRP, but its immediate effect on spot demand remains unestablished. Upcoming weekly totals will show whether buying broadens beyond Bitwise or the streak remains concentrated.
Frequently asked questions
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How much of the weekly XRP ETF inflow came from Bitwise?
Bitwise supplied $10.55 million of the $11.31 million in net inflows recorded by U.S. spot XRP ETFs between October 5 and October 9.
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Why is the XRP ETF inflow figure considered concentrated?
Excluding Bitwise, the other funds combined for only about $760,000 in net inflows. Three of the five sessions had no net flow.
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What support level is XRP testing after the decline?
The immediate support zone is $1.32 to $1.38. XRP briefly touched $1.32 after falling from about $1.52 to $1.40.
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What price level would improve XRP’s short-term trend?
A sustained reclaim of the $1.50 to $1.56 resistance band would provide stronger evidence that XRP’s short-term trend is improving.
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What does Evernorth’s new XRP vehicle add to the market?
Evernorth’s XRPN began trading on Nasdaq on October 12 and holds about 473 million XRP. Its immediate effect on spot demand or price has not been established.
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