U.S. spot XRP exchange-traded funds recorded a net inflow of $708,510 on Wednesday, October 21 — their first positive session in a week — after Franklin Templeton's XRPZ bought $2.25 million worth of XRP. Bitwise's XRP ETF lost $1.55 million that day, following two sessions with no flows at all. That pattern has defined most of October, and it forms the quiet backdrop to this week's XRP news.

On the regulatory side, Ripple submitted a letter on Tuesday supporting the SEC's proposed Regulation Crypto Assets. Chief legal officer Stuart Alderoty wrote on X that Ripple “spent more than $150 million to get clarity” in its court. A final rule has no date yet. Public letters like Ripple's are a routine step in SEC rulemaking, in which the agency weighs outside input before a proposal can be adopted.

XRP traded at $1.33, down 2.3% in 24 hours, after Tuesday's rejection near $1.40.

JUST IN: Franklin ETF clients buy $2.25 million worth or $XRP . pic.twitter.com/hYXY395ekf — Whale Insider (@WhaleInsider) October 22, 2026

XRP News: How Much Are the XRP ETFs Taking In?

Very little, and mostly through a single fund. Over the ten trading days beginning October 8, the five spot XRP ETFs took in a net $7 million — and $8.17 million of that arrived on the first day. Half of those sessions recorded no flows whatsoever. Daily flow totals are the most direct public gauge of how much new money investors are putting into, or pulling out of, these funds — which is why the divergence between issuers stands out.

Franklin has been the steady buyer: XRPZ took in $14.06 million across three days in that stretch. Bitwise's fund, still the largest by cumulative inflows at $680 million, lost $4.56 million over the same days, while Canary's XRPC shed $2.47 million on October 16. Franklin's additions have essentially offset those redemptions — the gap between them is the group's $7 million net.

The week of October 12 to 16 ended with $1.83 million in net outflows, breaking a 13-week run of inflows. The contrast with Bitcoin is stark: U.S. spot BTC funds took in about $1.07 billion from Monday to Wednesday this week, according to Farside data. That three-day Bitcoin figure is roughly 150 times the five XRP funds' net total over ten sessions.

XRP ETFs are not being sold off — their cumulative total since launch in November 2025 still stands at $1.72 billion. Buyers are simply not adding much at current prices.

XRP Price Analysis: Can XRP Hold $1.31?

XRP is stuck between two clearly defined zones. Above, $1.37 is the wall: a daily swing high at $1.3661 sits just beneath the 50-day and 200-day EMAs, which crossed at $1.3742 and $1.3747 on the daily chart. The two averages — widely watched trend gauges that weight recent prices more heavily — now sit within a few hundredths of a percent of each other, which is what makes the $1.37 zone such a sharply defined line. Tuesday's high near $1.40 marks the level beyond it.

Below, $1.31 is the first support — the last daily swing low sits at $1.3098, only two cents under the current price. If that level gives way, the next floor is $1.25, where buyers stepped in on October 18.

A daily close above $1.3747 would put XRP back above both moving averages and bring $1.40 into reach. A close below $1.31 points to a retest of $1.25.

Franklin keeps buying, a few million dollars at a time. The next XRP news that matters is whether the other four funds join in before $1.31 is tested.