XRP ETFs Draw $1.81B Despite $440M Paper Losses

TLDR US spot XRP ETFs have attracted approximately $1.81 billion in cumulative net inflows. The five tracked XRP funds held about $1.46 billion in assets following November 3 trading. Estimated unrealized losses stood near $440 million, down from approximately $489 million on October 31. XRP closed near $1.28 on November 3, below the estimated average ETF acquisition price of $1.72. XRP ETF inflows fell to $18.83 million in October from $121.40 million in September. Canary Capital’s XRPC accounted for approximately $530,000 in net outflows on November 2. US spot XRP ETFs have drawn $1.81 billion in cumulative net inflows, but holders face about $440 million in estimated paper losses. XRP trades below the average price at which fund investors are estimated to have entered.

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