XRP spot exchange-traded funds recorded $18.83 million in net inflows in October, marking the seventh straight month of positive flows, according to a Techub News brief citing CryptoPotato. The report said cumulative net inflows reached a record $1.81 billion.
Even so, October was one of the weakest months on record for XRP spot ETF inflows. The monthly total was only higher than January’s $15.59 million, making it the second-worst month historically by that measure. Over the same period, spot Bitcoin ETFs saw net outflows of more than $500 million, while spot Ethereum ETFs posted net outflows of more than $1.6 billion.
Among individual products, Bitwise’s XRP ETF led cumulative inflows with $682 million. Franklin XRPZ followed with $524 million. The report also noted that XRP was trading at about $1.25 at the end of October, after falling 16% during the month.
XRP spot exchange-traded funds brought in $18.83 million in net inflows in October, extending their run of positive monthly flows to seven months, according to Techub News, which cited CryptoPotato. Cumulative net inflows climbed to a record $1.81 billion.
October was still a weak month in relative terms. The figure was only above January’s $15.59 million, making it the second-lowest monthly inflow on record. During the same period, spot Bitcoin ETFs logged net outflows of more than $500 million, while spot Ethereum ETFs saw net outflows of more than $1.6 billion.
By product, the Bitwise XRP ETF ranked first in cumulative inflows at $682 million. Franklin XRPZ stood at $524 million. XRP was trading at about $1.25 at the end of October, with the token down 16% for the month.
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