Bitwise Led XRP ETF Inflows With $10.55M, Extending a 12-Week Streak

Bitwise Carries the Day

The United States spot XRP exchange-traded fund complex took in a net $3.14 million on Tuesday, Oct 6, and a single issuer carried the session: Bitwise's XRP ETF absorbed $10.55 million, a figure on-chain trackers flagged as the group's standout print. Hours later the XRP price slid from $1.52 to a $1.46 low in early Wednesday trading, so the two prints bracket a sharp reversal inside roughly a day. Fund-flow tracker data shows the distribution was lopsided. Franklin's XRPZ fund shed $4.07 million, leaving its cumulative net intake at $501 million, while every remaining issuer combined for about $3.34 million of outflows; one manager absorbed the entire net positive as its peers bled. Bitwise's haul lifted its cumulative inflows to $688 million, and the issuer has also been the most public advocate for the asset, with its chief investment officer recently making the institutional case for XRP in market commentary. Spot ETF flows are read as a proxy for institutional demand because creations and redemptions move only when authorized participants commit fresh capital. The print extends a longer run in the XRP ETF flow record: a 12th consecutive week of net inflows, a streak that has absorbed several negative single days without breaking. September alone delivered $121 million of net demand even as assets under management shrank, and no weekly total dropped below zero. Because the streak tracks weekly sums rather than daily prints, a red session like Franklin's can sit inside a positive week without ending the run. Against the wider ETF tape the session was rarer still: Bitcoin ETFs drew $118.8 million, Ethereum ETFs lost $201.89 million and Solana ETFs shed $3.68 million, leaving only XRP and Bitcoin funds in the black among the four categories.

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Flagged as the group's standout print.

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The $97 Million Gap

The more telling number sits in the gap between what investors put in and what the funds now hold. Cumulative inflows into US spot XRP ETFs stand at $1.794 billion, while net asset value, the current market value of the holdings, is $1.697 billion. Investors are therefore roughly $97 million underwater in aggregate. The shortfall is narrowing: four days earlier it stood at $133 million, after a session that paired a $3.28 million outflow with about $37 million of asset shrinkage. In only a few trading days the gap has closed by roughly $36 million, which means new contributions and existing holdings moved upward together. That repair matters because net asset value, not the inflow headline, is what tells an ETF buyer whether persistence is being paid. It is also the most fragile number in the complex: because token market value feeds NAV directly, a slide toward the current $1.45 handle trims it back even if inflows continue. The flow record, though, was written before Wednesday's sell-off. Around 02:00 UTC, Bitcoin lost the $84,000 level inside roughly 20 minutes and pulled the broader market down with it; XRP fell from $1.52 to a $1.46 low, a drop of about 4.5%. On-chain data shows about $412 million of leveraged positions liquidated in contract trading within a single hour, nearly all of them longs. The token clawed back to about $1.47 in the hours after the flush, but the drop likely erased most of the NAV repair recorded earlier in the week, and XRP has since eased to around $1.45. One more listed route is pending: Evernorth, the Ripple-backed XRP treasury company, expects its shares to begin trading around Oct 12, handing institutions a second listed vehicle for the asset alongside the ETFs.

The $1.40 Floor and the $1.55 Ceiling

COINOTAG's 42-indicator composite scoring engine rates the $1.5489 resistance at 94/100 on its support and resistance map, driven by the R3 pivot and the prior-week high, while the $1.4035 support scores 92/100 on the EMA 50 and EMA 200 confluence. With XRP near $1.45, the RSI reads 49.34 and the MACD signal is bearish inside what the composite still labels an uptrend. Positioning leans long: funding is 0.0014%, open interest sits at $1.066 billion and the long/short account ratio is 2.61, with the Fear & Greed Index at 71 (Greed). A daily close below $1.4035 would invalidate the bullish case and expose the $1.3311 support, 83/100 on the Ichimoku Cloud Bottom and VWAP. The two series currently disagree: flows ran positive for a twelfth straight week while price sits 3.3% lower over 24 hours.