# XRP ETFs Drew $3.14 Million Before XRP Slid to $1.46 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/27289 Published: 2026-10-07T08:00:41.000Z Updated: 2026-10-07T08:00:41.000Z Section: Investing > Bitwise led daily inflows with $10.55 million, while Franklin recorded a $4.07 million outflow on Oct. 6. U.S. spot XRP exchange-traded funds recorded $3.1404 million in combined net inflows on Oct. 6, but XRP fell about 4.5% several hours later during a broader crypto-market decline. XRP dropped from approximately $1.52 to $1.46 at about 10 p.m. ET (2:00 a.m. UTC on Oct. 7). The asset later traded near $1.47. Bitwise’s XRP ETF led daily inflows with $10.5514 million. Franklin’s XRP ETF recorded a $4.0702 million outflow, while the remaining issuers posted combined outflows of approximately $3.34 million. The latest daily result followed $4.7439 million in net inflows across XRP ETFs during the Sept. 28-Oct. 2 trading week. Franklin’s fund led that weekly total, as detailed in [the previous weekly-flow report](). Cumulative inflows across the funds reached $1.794 billion, while their combined net asset value stood at $1.697 billion. The difference was approximately $97 million. Spot XRP ETFs provide brokerage-account exposure to XRP without requiring investors to hold the asset directly. Bitwise’s fund seeks exposure to XRP held by its trust, less operating expenses, and does not use derivatives. The market move came as Evernorth’s business combination was expected to close on Oct. 7, 2026. The company expects its Class A shares to begin trading on Nasdaq under the ticker XRPN on Oct. 8, with approximately 473 million XRP expected to be held at closing. “Going public will offer investors a regulated, transparent way to own XRP exposure and participate in the growth of the blockchain economy,” Evernorth founder and CEO Asheesh Birla said. The expected transaction closing on Oct. 7 is the next concrete milestone for Evernorth, followed by the planned Nasdaq trading start the next day. ## Links in this article - [the previous weekly-flow report](https://www.tokenpost.com/news/investing/26724)