XRP ETFs Attract $8.43 Million as Institutional Demand Rises Despite Price Drop
Spot XRP exchange-traded funds (ETFs) recorded $8.43 million in net inflows on October 29, their strongest single-day performance since September 25, even as XRP fell below $1.25 following the Binance security breach. The contrasting moves point to a divergence between weakening price action and continued institutional investment.
XRP lost more than 6.5% of its value after the breach-related market sell-off, falling below a key support level and returning to prices last seen in mid-August. The decline also left short-term holders facing losses and raised concerns about further downside.
Despite the price weakness, the October 29 ETF inflows put the products on track to exceed the previous week's net inflows. Combined XRP ETF holdings now represent 1.87% of the cryptocurrency's circulating supply, according to the source data.
XRP ETF Inflows Diverge From Price Weakness
The latest inflows have renewed attention on whether institutional investors are accumulating XRP while broader market sentiment remains under pressure. However, the available figures do not establish whether investors are positioning ahead of a specific catalyst or indicate that a sustained price recovery is imminent.
Several institutional developments involving XRP and Ripple took place during October. BNY incorporated XRP into corporate payments, Standard Chartered launched XRP custody services, Ripple secured final US approval for Ripple Bank, and Coinbase introduced support for the RLUSD stablecoin.
These developments have strengthened the institutional narrative surrounding the XRP ecosystem. The recent price decline nevertheless highlights the difference between growing interest in the asset and the market's short-term trading performance.
XRP's Q3 Performance Offers Context for Institutional Demand
Data cited in a recent Blockworks report showed that XRP's ecosystem recorded several gains during the third quarter of 2026. Stablecoin supply on the XRP Ledger (XRPL) increased 25.2% to $1.03 billion, while global XRP exchange-traded products attracted net inflows that rose 39.6% to $355.3 million.
Assets under management across those products reached $3.32 billion during the quarter. Meanwhile, payment volume on the network increased 4.3%, and the value of distributed tokenized real-world assets grew 29.2% to $498.7 million.
The quarter also saw Aviva launch a tokenized fund in partnership with BNY Mellon, adding to developments involving traditional financial institutions and tokenized assets.
Institutional investment flows were identified as a significant contributor to XRP's 43% rally during Q3. The latest ETF inflows have prompted speculation that institutional demand could again support the market, although a repeat of that rally is not guaranteed.
Can XRP Recover in November?
XRP's fall below $1.25 has created uncertainty about its near-term direction. While the technical breakdown has increased concerns about further losses, continued ETF inflows and developments across the XRP ecosystem provide a contrasting set of market signals.
If institutional demand persists as market conditions improve, XRP could potentially recover from its recent decline. However, the latest inflow data alone cannot confirm that a rebound is underway, and the cryptocurrency remains exposed to broader market weakness.
For November, traders and investors will be watching whether ETF inflows continue, whether XRP can recover the lost support level, and whether the ecosystem's institutional developments translate into sustained demand for the asset.
source: ambcrypto
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
Check out other news and articles on Google News
Disclaimer:
The articles on Hokanews are here to keep you updated on the latest buzz in crypto, tech, and beyond—but they’re not financial advice. We’re sharing info, trends, and insights, not telling you to buy, sell, or invest. Always do your own homework before making any money moves.
Hokanews isn’t responsible for any losses, gains, or chaos that might happen if you act on what you read here. Investment decisions should come from your own research—and, ideally, guidance from a qualified financial advisor. Remember: crypto and tech move fast, info changes in a blink, and while we aim for accuracy, we can’t promise it’s 100% complete or up-to-date.