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Altcoins & DeFi

XRP Rebounds 5% to Weekly High as ETF Flows Stall

Image: Crypto Economy

XRP climbed about 5% over the past 24 hours to around $1.36, reaching its highest level in a week. CoinMarketCap showed the token up 4.96% on the day. The rebound lifted XRP back to a weekly high even as spot ETF flows remained subdued , separating the price move from recent fund activity in XRP . SoSoValue data showed U.S. spot XRP ETFs recorded no net flows on October 19 or 20, after the week ended October 16 posted $1.84 million in net outflows. That result ended a 13-week run of positive weekly flows , while cumulative net inflows remained around $1.8 billion. The figures show weaker recent ETF demand but do not establish a direct explanation for XRP’s recovery.

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