Key Takeaways
- • XRP spot ETFs in the US extended their inflow streak to 13 consecutive weeks, with $11.31 million net inflows in the week to October 9, according to SoSoValue data cited by 24/7 Wall St. and CryptoSlate.
- • Despite the inflows, XRP fund net assets fell 5.4% week over week, from $1.66 billion to $1.57 billion, as XRP traded near $1.38, down about 9% over seven days.
- • The XRP funds trail the Solana funds by roughly $160 million (about 10% of XRP fund assets), with the Solana funds at around $1.73 billion; the gap is narrowing mainly because Solana funds have seen outflows on six of seven trading days in October.
- • Cumulative XRP fund inflows since launch total about $1.80 billion, which exceeds current fund assets, reflecting the price decline on existing holdings.
- • Key macro dates include the US CPI release on October 14 and the Federal Reserve FOMC decision on October 28.
Summary
Spot XRP exchange-traded funds in the United States have recorded net inflows for 13 consecutive weeks, with $11.31 million flowing in during the week to October 9, according to SoSoValue data reported by 24/7 Wall St. and CryptoSlate. Over the same period, funds holding Bitcoin, Ethereum and Solana lost a combined $1.248 billion, and Bitcoin and Ethereum funds saw $681.1 million and $542.07 million withdrawn in that week alone.
Despite the persistent inflows, the value of XRP fund assets declined. Net assets fell 5.4% over the week, from $1.66 billion to $1.57 billion, as XRP traded at $1.38 at midday on October 12, a 9.02% loss over seven days and 62.2% below its record high of $3.65, according to CoinGecko. Cumulative inflows since launch of roughly $1.80 billion now exceed current fund assets, meaning price depreciation has eroded investor contributions. Weekly inflows of $11.31 million are small relative to daily XRP turnover of about $1.52 billion.
According to the same SoSoValue data, the US spot Solana funds hold about $1.73 billion, leaving a gap of roughly $160 million with the XRP funds. The gap has narrowed for weeks, but the convergence reflects outflows from Solana products rather than a surge in XRP demand. Analysts note that persistent inflows build locked-up holdings that reduce the freely tradable supply, though the scale of weekly flows remains modest.
Standard Chartered's Geoffrey Kendrick cut his end-2026 XRP target from $8 to $2.80 in February, citing crypto fund outflows, high interest rates and geopolitical uncertainty; reaching that level from current prices would require a gain of about 103%. Upcoming catalysts include the US September CPI release on October 14 and the Federal Reserve FOMC decision on October 28. Source reporting also notes that the XRP Ledger's fixCleanup3_4_0 amendment is scheduled to go live on October 23, though it is unrelated to the lending protocol amendment, which remains short of its validator threshold.
Despite the persistent inflows, the value of XRP fund assets declined. Net assets fell 5.4% over the week, from $1.66 billion to $1.57 billion, as XRP traded at $1.38 at midday on October 12, a 9.02% loss over seven days and 62.2% below its record high of $3.65, according to CoinGecko. Cumulative inflows since launch of roughly $1.80 billion now exceed current fund assets, meaning price depreciation has eroded investor contributions. Weekly inflows of $11.31 million are small relative to daily XRP turnover of about $1.52 billion.
According to the same SoSoValue data, the US spot Solana funds hold about $1.73 billion, leaving a gap of roughly $160 million with the XRP funds. The gap has narrowed for weeks, but the convergence reflects outflows from Solana products rather than a surge in XRP demand. Analysts note that persistent inflows build locked-up holdings that reduce the freely tradable supply, though the scale of weekly flows remains modest.
Standard Chartered's Geoffrey Kendrick cut his end-2026 XRP target from $8 to $2.80 in February, citing crypto fund outflows, high interest rates and geopolitical uncertainty; reaching that level from current prices would require a gain of about 103%. Upcoming catalysts include the US September CPI release on October 14 and the Federal Reserve FOMC decision on October 28. Source reporting also notes that the XRP Ledger's fixCleanup3_4_0 amendment is scheduled to go live on October 23, though it is unrelated to the lending protocol amendment, which remains short of its validator threshold.
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