US spot XRP ETFs hold $1.7 billion as weekly net inflows slow to about $3.9 million
AI Market Summary
US spot XRP ETFs hold about $1.7B (~1.13B XRP), but net inflows slowed sharply to ~$3.9M over the past week, with notable fund-level outflows (Franklin, Canary) offset by Bitwise additions. The flow deceleration coincided with XRP sliding to ~$1.43 (-5.46% 24h). Exchange-balance declines appear partially driven by wallet migrations, while elevated futures turnover relative to spot signals derivative-led volatility.
Impact level
● Medium
Affected assets
XRP/USDT-5.19%
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.
US spot XRP ETFs have built up about $1.7 billion in holdings, equivalent to roughly 1.13 billion XRP, but recent inflows have cooled sharply. Aggregate net inflows were $3.14 million on Oct. 6, while the past week totaled about $3.9 million. Flows diverged by issuer, with Bitwise posting about $11 million of inflows as Franklin and Canary saw outflows of roughly $4.1 million and $3.3 million. XRP traded near $1.43, down more than 5% over 24 hours.
