NewsCryptoXRP and SOL ETF Demand Craters as Weekly Inflows Drop More Than 94%

XRP and SOL ETF Demand Craters as Weekly Inflows Drop More Than 94%

Author: CryptoNewsNet·

Key Takeaways

  • •Weekly net inflows into XRP spot ETFs fell roughly 94% to $4.74 million, down from $75.59 million the prior week.
  • •XRP funds logged two consecutive sessions of zero net flows on Tuesday and Wednesday, followed by a $3.28 million outflow on Friday, their first red day since September 18.
  • •Solana spot ETF inflows collapsed more than 97%, from $188.22 million to $2.43 million, even though the products recorded positive flows every trading day of the week.
  • •The XRP ETFs extended their streak of consecutive green weeks to 12 despite the steep drop in dollar amounts.
  • •XRP was rejected twice at $1.55 and dipped to $1.45 on Friday before fighting to hold $1.50, while SOL dropped below $118 before reclaiming the $129 level.
XRP and SOL ETF Demand Craters as Weekly Inflows Drop More Than 94%

XRP and Solana spot ETFs logged yet another week of positive net flows, but the underlying figures point to a sharp cooling in demand. Weekly inflows into funds tracking XRP fell by roughly 94%, while products tied to Solana saw their intake collapse from more than $188 million to under $2.5 million, according to SoSoValue data.

Net-flow readings — the balance of fund creations versus redemptions — are widely used as a gauge of how much fresh capital is reaching an asset through ETF wrappers, one of the main regulated channels for spot exposure to these tokens. That makes the magnitude of this week's drop notable even though both groups of products stayed in the green.

XRP ETF Inflows Drop 94%

The trading week opened on a strong note for the Ripple-linked funds, with investors pouring in almost $4 million on Monday. That momentum proved fleeting. On both Tuesday and Wednesday, SoSoValue recorded $0.00 in net flows, meaning demand simply evaporated for two straight sessions. Zero-flow days were a common occurrence during the sluggish summer months, but they had not appeared for the past several weeks.

The dry spell ended on October 1, when investors allocated another $4.07 million. The relief was short-lived. Friday brought $3.28 million in net outflows, marking the first red day for the XRP ETFs since September 18. The week ultimately closed with $4.74 million in net inflows.

On the positive side, the result extended the funds' streak of consecutive green weeks to 12. A closer look at the numbers, however, reveals a steep slowdown: the previous five-day trading period, which ended on September 25, attracted $75.59 million into the products, meaning weekly net inflows fell 94%. The gap between the intact streak and the shrinking dollar amounts shows how headline run lengths can mask sharp week-to-week swings in actual demand.

Price action mirrored the weaker flows. XRP was rejected twice at $1.55 during the week and dipped to $1.45 on Friday amid a market-wide correction. The asset has recovered some ground since then and is currently fighting to hold the $1.50 level.

Solana ETFs in an Even Worse State

The spot Solana ETFs had logged their second-best week in terms of net inflows just one week earlier, with $188.22 million entering the funds. Their most recent five-day performance slumped by more than 97% to $2.43 million.

The outcome was somewhat surprising given how the week began, as the products gained $12.70 million on Monday and another $5.44 million on Tuesday. Flows stayed positive for the remainder of the week, with $11.10 million arriving on Wednesday, $5.91 million on Thursday, and $1.30 million on Friday — a slightly green session that was enough to save the weekly inflow streak.

SOL's price climbed above $123 in the middle of the week, but Friday's crash pushed it to under $118. A subsequent recovery has helped the token reclaim the $129 level as of press time.

Upcoming weekly SoSoValue tallies will show whether this pullback was a one-week lull or the start of a longer slowdown in ETF demand, with both products' green-week streaks serving as the visible markers to track.

Source: CryptoNewsNet — XRP and SOL ETF Demand Craters as Weekly Inflows Drop 94%+