Ripple (XRP) ETFs Beat Every Major Rival in October: But Two Problems Remain
In a quite bearish surroundings for many exchange-traded funds monitoring the most important cryptocurrencies, the funds behind XRP managed to keep up their inexperienced month-to-month streak.
However, there are nonetheless two points that deserve consideration, because it’s not all excellent news.
XRP ETFs Still in the Green
The spot Bitcoin ETFs noticed some main influx days in October, however the finish of the month turned the tables. The Binance hack seems to be the main catalyst that drove traders away, and the month ended with over $500 million in web outflows. The panorama across the Ethereum ETFs was much more painful, because the funds noticed their largest month-to-month outflows ever, with greater than $1.6 billion leaving.
In distinction, the spot XRP ETFs ended final week with $4.32 million in web inflows, constructing on the earlier week’s $4.25 million. This managed to offset the minor losses registered in the center of the month, and the monetary automobiles closed October with $18.83 million in web inflows.
This meant that the cumulative whole web inflows noticed one other all-time high in October at $1.81 billion. Even higher, this was the seventh consecutive month the XRP ETFs have been in the inexperienced. In reality, they’ve been in the pink solely as soon as in their one-year existence — in March 2026.
Bitwise’s XRP stays the undisputed chief with $682 million in cumulative flows, adopted by Franklin’s XRPZ with $524 million, and Canary Capital’s XRPC with $485 million.
The ETF efficiency builds on Ripple’s extremely spectacular month, in which it announced main regulatory approvals, in addition to new partnerships and developments.
2 Elephants in the Room
The first main difficulty comes from the information above. Although the ETFs have been certainly in the inexperienced as soon as once more month-to-month, this was truly their second-worst efficiency. The $18.83 million attracted in October is barely barely larger than the $15.59 million gained in January.
The second is probably probably the most painful one for the XRP Army. Despite the consecutive inexperienced months and Ripple’s main accolades on completely different fronts, the underlying asset has didn’t capitalize. The asset was rejected at $1.50 earlier this month and tumbled beneath $1.20 after the Binance hack on Friday.
Despite rebounding barely to roughly $1.25 because the month ended, it nonetheless closed October with a considerable lack of 16%. This made it the poorest month-to-month efficiency since June and broke the three-month streak from July, August, and September.
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