Bitwise Buys $2.86 Million of XRP After Five Days Without Inflows

Bitwise Ends a Five-Day Pause

XRP exchange-traded funds took in more than $8 million in combined net inflows during their latest session, and the day's money came from exactly two issuers: Bitwise and Franklin Templeton. Aggregate flow tracking published with the session data shows both funds back in the market after several sessions in which neither added capital. Bitwise's product recorded fresh capital on October 29 after roughly five days of zero activity and withdrawals, and it then bought again in the most recent session. That latest purchase measured 2.23 million XRP, worth about $2.86 million at the day's prices. The figures come from daily creation and redemption disclosures, the mechanism through which each fund reports what investors added or pulled. Through the quiet stretch, institutions had held back from adding exposure to the product, a pause in buying that came with withdrawals on top. Franklin Templeton took part in the same session, and its order was the larger of the two, nearly twice Bitwise's dollar total. Across the complex, cumulative net inflows now stand at about $1.81 billion, with combined net assets of $1.47 billion. The buying landed in a market moving the other way. The XRP price trades near $1.25 at the time of writing, about 3.4% lower over the past 24 hours, with a market cap of roughly $79.3 billion and 24-hour trading volume close to $2.46 billion. Each dollar of net creation sends a fund out to buy the underlying token, so the session's totals translate into direct demand for XRP regardless of the chart.

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Published with the session data.

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Franklin Templeton Sets the Session's Pace

Franklin Templeton's purchase set the pace of the session. The firm bought 4.34 million XRP worth about $5.57 million, and the flow record makes it the dominant buyer of the day. The sizes shape how the session reads: Bitwise's 2.23 million XRP is a measured top-up, while Franklin Templeton's 4.34 million is the kind of order that moves a daily flow line on its own. Bitwise had broken its own silence first. The October 29 inflow ended its five-day pause, and the newest purchase built on that restart. Franklin Templeton had also stayed muted through the prior days, so the session marked a return to buying activity after five consecutive days without reported inflows. Both issuers returning on the same day is the detail that stands out for anyone tracking XRP ETF flows, and the two funds were the only contributors. These funds hold the token itself, so net creations turn into spot trading of XRP on the open market rather than exposure built through derivatives. The five-day gap remains the more instructive part of the print. Two issuers reported nothing for five straight sessions, which left the complex's cumulative standing resting on the base already in place. That base now reads about $1.81 billion in net inflows, a level our running coverage of XRP ETF net inflows has tracked, against $1.47 billion in combined net assets, with the difference accounted for by redemptions earlier in the products' run. Whether the restart holds is what the next disclosure answers. Issuer flow data updates daily, so the report covering Friday's session will show whether two buyers returning was the start of a pattern or the market's full appetite for the day.

Our composite scoring puts the nearest resistance at $1.2583, scored 94 out of 100 where several indicators meet, a ceiling our earlier coverage of XRP volume also flagged, while the $1.2129 support below the market carries a 70/100 score. Momentum is soft: RSI at 37.56 with the trend classified as a downtrend, a configuration closer to a bear market phase than to a rebound. Positioning points in two directions at once. Perp funding runs at -0.0038%, meaning leveraged longs pay to stay in, while the long/short account ratio sits at 3.12 with 75.7% of accounts on the long side. A fuller XRP technical analysis tracks these levels as they move. What the $8 million session cannot establish is persistence: five days of silence preceded the buying, and a single session does not settle whether the pause is over.