XRP funds hold $1.7 billion, yet last week they took in less than $4 million.
๐ By the numbers
โข Per CryptoSlate citing Maketo estimates, the five US spot $XRP ETFs held about $1.7 billion, roughly 1.13 billion XRP, at the October 6 close.
โข Net inflows were $3.14 million on October 6 and about $3.9 million over the week, against $112 million over the past month.
โข Bitwise took in about $11 million on the day while Franklin lost $4.1 million and Canary $3.3 million.
โข Exchange balances stood at 21.98 billion XRP, down 26.5 million over seven days.
๐ฏ Levels to watch
XRP fell about 5% to near $1.40, the weakest major, per CoinGecko. If weekly ETF inflows stay in single-digit millions, the token is trading on macro and leverage, not fund demand. A return toward late September's $20 million daily inflows would change that.
๐ฌ Are ETF flows still the number you watch for XRP?
#XRP #ETF
๐ By the numbers
โข Per CryptoSlate citing Maketo estimates, the five US spot $XRP ETFs held about $1.7 billion, roughly 1.13 billion XRP, at the October 6 close.
โข Net inflows were $3.14 million on October 6 and about $3.9 million over the week, against $112 million over the past month.
โข Bitwise took in about $11 million on the day while Franklin lost $4.1 million and Canary $3.3 million.
โข Exchange balances stood at 21.98 billion XRP, down 26.5 million over seven days.
๐ฏ Levels to watch
XRP fell about 5% to near $1.40, the weakest major, per CoinGecko. If weekly ETF inflows stay in single-digit millions, the token is trading on macro and leverage, not fund demand. A return toward late September's $20 million daily inflows would change that.
๐ฌ Are ETF flows still the number you watch for XRP?
#XRP #ETF