XRP Price Rebounds as ETFs Post Inflows While Bitcoin and Ethereum Funds See Outflows
Key Takeaways
- •XRP spot ETFs attracted $8.17 million in net inflows on October 8, with Franklin's XRPZ accounting for the entire total while the four other XRP funds saw no net movement.
- •U.S. spot Bitcoin ETFs posted combined outflows of $244 million, and Ethereum ETFs shed $72.544 million in their eighth straight day of net withdrawals, contrasting with XRP fund inflows.
- •XRP gained 2.82% to $1.38 during a broad market recovery, but the token has not yet reclaimed the $1.40 level after bouncing from $1.35 support.
- •Technical indicators show the Relative Strength Index at 36 and bearish momentum fading on the MACD, though a bullish cross has yet to form.
- •Ripple now earns prime brokerage fees on leveraged equity trades through its $1.25 billion acquisition of Hidden Road, while the XRP Ledger's Batch amendment vote, which would allow multiple transactions to be bundled, remains pending.
XRP rose 2.82% to $1.38 over the past 24 hours as the wider cryptocurrency market rebound following two consecutive days of losses. The recovery came alongside divergent fund-flow activity across U.S. spot crypto exchange-traded funds, with XRP products pulling in new capital while Bitcoin and Ethereum funds recorded net withdrawals. Spot ETF flows are a widely followed gauge of investor demand, since the funds hold the underlying assets directly and their daily totals reflect net creations and redemptions. Bitcoin gained 2.51% to trade above $83,000, while Ethereum climbed to $2,490. The total cryptocurrency market capitalization advanced 1.87% to $2.79 trillion.
Other market data shows XRP trading near $1.40, down 1.0% over 24 hours and 9.2% over the past seven days, according to CoinGecko. The token's 24-hour trading range ran from $1.32 to $1.41.
XRP ETFs Take In Cash as Bitcoin and Ethereum Funds Lose It
XRP spot ETFs recorded $8.17 million in net inflows on October 8, according to SoSoValue data. Franklin's XRPZ accounted for the entire day's total, while the four other XRP funds saw no net movement.
The day's flows ran counter to the broader market. U.S. spot Bitcoin ETFs lost a combined $244 million, with only Franklin's EZBC posting a gain of $4.71 million, while Fidelity's FBTC saw $197 million in outflows. Separately, Wu Blockchain reported that spot Ethereum ETFs shed $72.544 million, marking their eighth consecutive day of net outflows. The same session therefore saw new money reach XRP vehicles while the two largest crypto fund categories recorded withdrawals — a divergence across the biggest U.S. spot crypto products within a single trading day.
XRP ETF assets total $1.56 billion, with daily turnover of $65.44 million. Lifetime net inflows across the five products stand at $1.80 billion. Flows remain positive overall, though they have slowed well below the pace recorded when the funds launched. Cumulative net inflows amount to 983.80 million XRP, approximately $1.4 billion at current prices.
Price Levels and Catalysts
XRP pulled back from near $1.50 earlier this week and slipped below two support levels. The token bounced from $1.35 but has so far failed to reclaim $1.40, leaving $1.45 as the next level to watch on the upside.
The Relative Strength Index, a momentum gauge that conventionally flags oversold conditions below 30, sits at 36. The MACD indicator shows bearish momentum fading, although a bullish cross has yet to form.
Analyst ChartNerd posted that a $5 to $8 range for XRP is “more than achievable,” pointing followers to a full price breakdown.
$5-$8 $XRP 🎯 More than achievable 🍿 The full breakdown 👇 pic.twitter.com/vUMMcu6FGU
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) October 10, 2026
Analyst EGRAG Crypto identifies $1.41, $1.37 and the $1.32 to $1.27 zone as downside areas. According to that analysis, a sustained loss of $1.35 could open the way to $1.30. On the upside, a four-hour hold above $1.40 would put $1.45 in play, followed by $1.50. Resistance sits at $1.4711 and $1.4850 in the near term, with $1.6238 marking a higher ceiling above those levels. Key support is located at $1.2659.
Ripple Fees and XRP Ledger Upgrade in Focus
Ripple now earns prime brokerage fees on leveraged equity trades following its $1.25 billion acquisition of Hidden Road, a traditional-markets prime broker. Meanwhile, the XRP Ledger's Batch amendment vote is scheduled; XRPL upgrades take effect only after validators approve them, and if adopted, Batch would allow multiple transactions to be bundled together.
XRP's market capitalization stands at $88.14 billion, ranking fifth among all cryptocurrencies, with $3.02 billion in 24-hour trading volume. Perpetual futures open interest is $4.58 billion. The asset remains down 50.3% over the past year, although its decline over the last 30 days is a more modest 1.8%. As of October 9, XRP traded near $1.40. With the Batch amendment vote pending and $1.40 still contested on the charts, both a protocol milestone and a closely watched technical level remain in view.
This article originally appeared on CoinCentral.
