Spot XRP exchange-traded funds went four consecutive sessions without recording a single dollar of net inflows, the latest indication that institutional appetite for the token's regulated investment products has cooled after months of steady accumulation.

Data from SoSoValue, the analytics platform whose daily trackers are among the most widely used benchmarks for crypto fund flows, shows that Canary Capital's XRP ETF, trading under the ticker XRPC, was the only fund to register any activity on November 2, posting a net outflow of $529,500. Across the following four days, November 3 through November 6, every fund in the category logged zero net flows. Because spot ETFs hold the underlying asset directly, their daily net flow figures are treated as a real-time read on how much institutional money is moving into — or out of — an asset through regulated channels.

Despite the slowdown, cumulative net inflows into XRP ETFs still stand at approximately $1.81 billion. Total net assets, however, have slipped to $1.34 billion — equal to 1.82% of XRP's market capitalization — down from the $1.425 billion reported on November 2. According to the figures presented in the source report, the decline in total net assets reflects the token's lower market value rather than confirmed investor redemptions.

Demand Cools After 12 Consecutive Weeks of Inflows

The pause marks a sharp change from the funds' earlier performance. In early October, Bitcoin.com News reported that XRP ETFs had strung together 12 consecutive weeks of net inflows, with September alone contributing $121 million in new investment.

Momentum subsequently faded. By late October, cumulative net inflows over the reported period had slowed to $18.8 million, indicating that demand was already losing strength before the latest stretch of zero-flow sessions.

The pressure extended well beyond XRP products. On November 6, Solana ETFs recorded $25.08 million in outflows, while Hyperliquid HYPE ETFs lost $7.96 million. Zcash ETFs were the only altcoin products identified in the report as attracting fresh capital.

U.S. spot Bitcoin ETFs experienced an even larger retreat, shedding $1.28 billion over the week — their largest weekly exit in 19 weeks. Read together, the figures frame XRP's zero-flow stretch as part of a broader cooling across crypto fund products rather than an XRP-specific development.

418.5 Million XRP Leaves Binance as Whale Activity Ramps Up

While ETF demand has stalled, on-chain data points to substantial XRP movements away from centralized exchanges. Exchange balance metrics are among the most closely watched on-chain indicators, since transfers to and from major platforms are publicly visible and update in real time. On November 4, approximately 418.5 million XRP left Binance, marking the exchange's largest daily XRP outflow in nine months. The movement surpassed the 315 million XRP withdrawn on October 29, the day Binance experienced a reported $6.3 billion hack. According to Bitcoin.com News, the latest withdrawals pushed Binance's XRP scarcity index to its highest level in four years.

Large-holder activity has also drawn attention. XRP millionaire wallets reportedly reached a 2026 high, and one wallet transferred 140.35 million XRP — worth approximately $167.8 million — to an unidentified address the day before the report was published.

Even so, exchange outflows do not necessarily represent permanent accumulation or guarantee a rise in XRP's price. Some transfers may involve internal exchange movements, and the data alone does not establish the intentions of the wallet owners.

XRP Trades Under Pressure Below Key Technical Levels

XRP was changing hands near $1.16 at the time of the report, down approximately 7% over the previous week and around 50% from its price a year earlier. Online market analysts have identified $1.21 as an important support level and pointed to $1.34 as the threshold XRP would need to reclaim to confirm a potential market bottom. With the token trading below both levels, some chart watchers are monitoring roughly $1.11 as the next potential downside marker.

The market is currently sending contrasting signals. XRP withdrawals from Binance and the reported increase in millionaire wallets suggest that some large holders may be moving tokens off exchanges, while the absence of recent ETF inflows indicates that institutional investment through regulated products has temporarily lost momentum. None of these developments establishes a clear direction for XRP, and the relationship between exchange balances, ETF flows and market prices will remain in focus as investors assess whether demand can recover. In the sessions ahead, the most direct gauges will be SoSoValue's daily flow tables — whether the zero-flow streak extends or breaks, and which funds, if any, resume absorbing capital — alongside Binance's XRP balances and the technical levels chart watchers have flagged.

Originally reported by Ethan Collins, Crypto Journalist at Bitcoin.com News. Source article: XRP ETFs Week Without Inflows. Republished coverage via Hokanews.