US spot XRP ETFs pulled in approximately $4.25 million in net inflows last week. That reverses a $1.84 million outflow the week before, which had snapped a 13-week winning streak.
The amount is small by Wall Street standards. The timing is more interesting: XRP products were collecting money while their Bitcoin, Ethereum and Solana counterparts were losing it.
Where the money went
The rebound covered the week ending October 22-23. Most of the action landed in just two sessions.
On October 21, the funds took in $709,000. The next day, October 22, inflows jumped to $3.55 million, the strongest daily figure of the stretch.
Franklin Templeton’s XRPZ fund did much of the heavy lifting. It accounted for a significant share of the week’s inflows, making it the clear driver of the recovery.
Bitwise’s XRP ETF told a messier story. The fund logged both inflows and outflows during the week, and the result was essentially neutral activity.
The bigger scorecard
Zoom out, and the XRP ETF category has built a meaningful base since launching in November 2025. Cumulative net inflows across the various products have reached around $1.8 billion.
Total net assets sit somewhere between $1.48 billion and $1.57 billion, depending on the reporting date. The gap between cumulative inflows and current assets says something about the underlying token’s price.
Put plainly, investors have put more money into these funds than the funds are currently worth. When the asset inside an ETF falls, the holdings shrink even if nobody sells a single share.
That matches what XRP itself has been doing. The token traded in a range of $1.27 to $1.36 during the period, with resistance hovering around the $1.40 mark.
The 13-week inflow streak that ended the prior week also provides useful context. A single $1.84 million outflow after more than three months of steady buying looked less like a stampede and more like a pause.
The following week’s $4.25 million return more than covered that loss.
Swimming against the current
The most notable part of the week is what happened elsewhere. Spot ETFs tied to Bitcoin, Ethereum and Solana all reported net outflows over the same stretch.
Solana products in particular extended an ongoing run of withdrawals. That marks a prolonged stretch of negative sentiment toward that asset among ETF buyers.
So XRP funds were collecting money while the rest of the crypto ETF neighborhood was emptying out.
What this means
For investors, the inflow rebound signals that demand for XRP exposure through regulated wrappers has not dried up. The concentration in Franklin Templeton’s XRPZ could point to a targeted strategy from institutional players, rather than a broad retail wave.
The disconnect between fund flows and price is the key thing to watch. Inflows have not yet translated into a sustained XRP recovery, and the token remains stuck below the $1.40 resistance level.
The competitive picture is also worth tracking. Franklin Templeton appears to be winning the week’s share of new money, while Bitwise’s product treaded water.
