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.

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