Key takeaways

  • The past week was weak for the broader cryptocurrency market, with prices falling to local lows after BTC was rejected at $87,000.
  • Spot BTC ETFs recorded $681 million in net outflows, while spot ETH ETFs saw $542 million leave, and funds tracking SOL lost nearly $25 million.
  • XRP ETFs moved against that pattern, adding $11.31 million in net inflows and lifting cumulative inflows to a new high of $1.8 billion.
  • XRP’s price still fell with the market, reaching a three-week low of $1.32 before recovering to $1.40 and leaving the asset 7% lower for the week.

What happened

The weekly crypto correction was broad enough that most exchange-traded funds tracking crypto assets finished the period in the red. The main exceptions were the XRP ETFs. Those products not only avoided net outflows, but also recorded stronger inflows than the previous five-day trading period.

The flow data had some uneven reporting. Three out of five trading days had no reportable action, a pattern that limits how smoothly the weekly result can be read. Still, the reported inflows were $3.14 million on October 6 and $8.17 million on October 8, producing $11.31 million in net inflows for the week.

According to SoSoValue data, the cumulative total net inflows for XRP ETFs reached a new all-time high of $1.8 billion. The streak of green-only weeks extended to 13 consecutive weeks, beginning in mid-July. Since that period began, the financial vehicles have attracted over $300 million.

Market context

The flow split occurred against a market-wide pullback. BTC was rejected at $87,000, and that level acted as a ceiling for much of the week. The weakness spread across altcoins, including XRP, despite the ETF demand for Ripple’s cross-border token.

The ETF side of the market showed different demand patterns by asset. The major outflows were concentrated in the largest crypto ETF categories: $681 million net outflows from spot BTC ETFs and $542 million from spot ETH ETFs. SOL-tracking funds also lost capital, with nearly $25 million taken out.

The XRP ETF market leaders were Bitwise, Franklin Templeton and Canary Capital. Bitwise’s XRP ETF remains the market leader, with cumulative net inflows of almost $688 million. Franklin Templeton’s XRPZ follows with $509 million, while Canary Capital’s XRPC is third with $487 million.

Why it matters

The week shows that ETF flows and spot prices are related but not identical. XRP ETFs attracted money during a broader risk-off move, yet the token still traded lower. That divergence matters because it separates investor appetite for regulated exposure from short-term market pricing.

The price action was also uneven. XRP traded above $1.51 on Monday and Tuesday, then reversed during the market-wide pullback. It fell to $1.32 on Thursday evening, a three-week low, before rebounding to $1.40. TradingView showed XRPUSD at $1.40 as of October 11. The asset remained 7% down on the week, even after the recovery.

The ETF result also has a reporting caveat. Three out of five days had no reportable action, so the weekly inflow total was driven by two active sessions. That does not erase the $11.31 million net inflow, but it makes the pattern less smooth than a fully active week would be.

What to watch

For XRP ETFs, the key question is whether the 13-week inflow streak can continue through a period of broader crypto weakness. The cumulative $1.8 billion total and the $300 million-plus accumulation since mid-July give the category a distinct history, but weekly flows can change quickly.

For the wider market, the $87,000 BTC rejection level is the visible pressure point. If BTC and ETH ETFs continue to show outflows, altcoin liquidity may remain fragile. For XRP, the relevant price range from the week is between the $1.51 area earlier in the week and the $1.32 Thursday low, with $1.40 as the later recovery level. The 7% weekly decline means the token’s ETF demand has not yet translated into short-term price stability.

The original CryptoPotato report cited SoSoValue and TradingView for the flow and price data.