U.S. Spot XRP ETFs Draw $11.31 Million in Weekly Inflows

U.S. spot XRP exchange-traded funds recorded $11.31 million in net inflows for the week ended Oct. 9, while XRP’s daily close later fell to $1.341 on Oct. 13, illustrating that fund flows and token prices can move in different directions.

Bitwise accounted for about $10.55 million of the weekly inflows. Franklin Templeton’s XRPZ added about $4.10 million, while Canary Capital’s XRPC had an estimated $3.34 million in outflows.

XRP closed at $1.497 on Oct. 7 and $1.341 on Oct. 13, based on daily prices dated in UTC. The ETF flow period covered Oct. 5-9, so the weekly inflow figure and later price snapshot cover different periods.

ETF net inflows measure the balance of money entering and leaving funds through creations and redemptions. They do not establish that fund demand was strong enough to support XRP’s price.