XRP ETFs Log $3.55 Million on Thursday, Best Single Day Since October 8

Net Creations Return Midweek

The trading week that ended on Friday, October 23 put spot XRP exchange-traded funds back into net inflows, one week after a single red stretch ended a three-month green run at the start of the month. The recovery was narrow and carried almost entirely by midweek sessions. Monday and Tuesday passed with no reportable flows at all, leaving the funds flat through two straight days. The first demand of the week landed on Wednesday, when investors added just under $710,000 in net creations. That session coincided with a run in the XRP price to almost $1.40, the strongest print of the move. Thursday's attempt to extend the breakout stalled on the chart, but the flows did not: SoSoValue data shows $3.55 million of net creations that day, the funds' best single-day performance since October 8. The bid then thinned as quickly as it returned, and Friday closed with $0.00 in reportable flows. Spot ETF issuers file creation and redemption data each session, so a $0.00 day means no reportable action crossed the tape, not an unreported sell-off. The token itself now trades near $1.29, about 2.0% lower over the trailing 24 hours, though it has held roughly 0.6% above its level at 04:03 UTC on Monday, when the weekly tally was published. Both inflow days fell inside the asset's strongest 48 hours of the week, which keeps the flow record tied to price rather than to standalone accumulation, while the flat and empty sessions clustered around quieter price action.

Positioning Under $1.34

A composite score of support and resistance explains why one strong session has not moved the chart. Resistance at $1.3416, formed by the 20-day and 100-day EMAs, the R3 pivot and the bottom of the Ichimoku cloud, scores 98/100, and the token sits below it at $1.29. First support at $1.2748 carries a full 100/100, drawn from the 100-day and 200-day SMAs and the 0.618 Fibonacci level. The trend label is still a downtrend, the 14-day RSI reads 37.81, and the same weakness completed a death cross below the 200-day EMA earlier in October. Derivatives lean the other way: the perpetual funding rate sits at 0.0071%, and the long/short account ratio reads 3.57, with 78.1% of tracked accounts holding long. The asset's $81.3 billion market cap has slipped about 2% with the price, and the full level map sits in our XRP technical analysis. A crowded long book under a 98-score ceiling needs the ETF bid to repeat, not spike.

The Red Week Before This One

The week now on record marks a fast reversal of a fast reversal. The prior five sessions, tallied over the previous weekend, had produced $1.84 million in net outflows, the first negative week in three months for the complex. Before that interruption, the funds had run green for roughly a quarter, and the cumulative net inflow total has stayed at an all-time high of $1.8 billion through both the red week and this one. The fund complex is also approaching its first birthday month, which makes the flow record a short but complete trading history. The contrast across altcoin ETF complexes is sharp. Solana's funds have now logged a third consecutive red week, after bleeding $24.81 million in the first full week of October and another $25.52 million the week after, the largest net withdrawal on record for that group. Set against that, XRP's single $1.84 million red week reads as a pause, and this week's return to net creations as a resumption. The mechanics driving these totals are the same ones that explain how spot Bitcoin ETFs work: creations add shares and buy the underlying asset, redemptions reverse the trade, and the net line is the number the market reads. Measured over the span this piece opened with, the week that ended Friday, October 23 holds three sessions with nothing to report, two that carried the money, and about $4.26 million in combined net creations from Wednesday and Thursday. Our own tally of the same five days shows the funds took in $4.3 million this week. Whether the midweek demand came from institutional or retail accounts is not disclosed in the daily filings, which report net totals only. The next test for the complex is whether Thursday's $3.55 million becomes a rhythm rather than a one-day spike.