XRP Spot ETFs Flip to $496,496 Net Outflow on Friday

Bitwise and Grayscale Led the Outflows

The XRP price held near $1.25 on Saturday, up 0.2% across 24 hours, even as the token's United States spot ETFs swung back to net outflows. Daily creation and redemption disclosures show the five listed XRP funds shed a combined $496,496 on October 30, local time, flipping the group negative after a single session of net inflows. Canary's XRPC fund was the only one of the five to absorb fresh money, taking in $922,005, while Bitwise's XRP fund lost $693,551 and Grayscale's GXRP fund gave up $724,950. The remaining two funds recorded no movement, so the net figure is the arithmetic of those three lines alone. The disclosures were published at 03:31 UTC on Saturday and cover the Friday session. Cumulative net inflows across the cohort stand at $1.81 billion since launch. Friday's combined turnover reached $30.92 million, and total net assets closed at $1,419.4 million, equal to 1.78% of XRP's market capitalization. Creations and redemptions are the only channel through which these wrappers add or remove XRP from custody, so the daily balance is a direct read on institutional demand through the listed route. For readers tracking XRP ETF coverage across issuers, the mix is the notable part: the day's redemptions came through two of the larger wrappers while Canary's fund kept taking money in. The reversal lands days after Bitwise bought $2.86 million of XRP to resume accumulation following a five-day pause in its fund's inflows. The steadiness of the tape echoes an earlier session in which XRP slid to $1.24 as Ripple's OCC trust-bank charter cleared its final hurdle, a move the flows did not immediately reverse either. The exit amounts to roughly 1.6% of Friday's traded value, small against the complex's $1.42 billion of assets but a directional flip from the prior session's inflow. The disclosures do not itemize the prior run of sessions beyond that single inflow day, so the length of the earlier streak is not yet established.

The technical read sits close to the flow story: COINOTAG's composite scoring puts the strongest resistance at $1.2730, a 100/100 level where the 200-day moving average, the 0.618 Fibonacci retracement and the Ichimoku Tenkan line converge, while the nearest support at $1.2473 draws a 69/100 score from the lower Bollinger Bands line, a pivot point and a swing low. Positioning skews long: the long/short account ratio reads 3.34, with 77% of accounts on the long side, and perp funding runs at a mildly positive 0.0050%. Sentiment stays cautious, with the Crypto Fear and Greed Index at 30/100. A decisive break of either line would set the direction of the next leg.

Solana's Outflow Streak Reaches Five Sessions

No altcoin fund posted a net creation on Friday. Solana's nine funds bled $10.74 million, a fifth consecutive session of outflows, with Bitwise's BSOL accounting for $9.26 million of the total, Morgan Stanley's MSOL $768,390 and Grayscale's GSOL $717,490. Cumulative net inflows for the Solana complex stand at $1.47 billion, and its trading volume for the day came to $69.53 million. Chainlink's two funds broke nine sessions of zero movement with a $1.77 million outflow, all of it through Grayscale's GLNK, against $177.46 million of cumulative net inflows and $11.38 million of Friday volume. Grayscale's Zcash fund, ZCSH, flipped to a $4.57 million outflow of its own from a cumulative base of $221.51 million. The rest of the tape sat still. Dogecoin's fund recorded no flow, leaving its cumulative net inflows at $16.43 million on day volume of just $555,911. Avalanche's 15-session run of inflows stopped without a redemption, and Hyperliquid's HYPE fund returned to flat after the prior day's inflow. Canary's HBAR and Litecoin funds each logged a third consecutive quiet session, 21Shares' Polkadot fund its 11th, VanEck's BNB fund its 10th and Canary's Tron fund its 33rd. Bitwise's NEAR fund was quiet for a third day. Streaks of that length are typical of the smaller sleeves, where thin volume can pass without moving the balance. Spot trading in the underlying tokens stayed calm through the same window. The two series closed the session pointing apart: creations and redemptions ran net negative across XRP, Solana, Chainlink and Zcash, while the token itself sat about 0.4% below its level when the disclosures crossed the wire, though still 0.2% higher over 24 hours. Readers weighing the structure itself can start with our walkthrough of investing in crypto ETF funds, which explains how creations and redemptions move fund assets. XRP technical analysis will watch whether redemptions start to drag the tape or the steadiness pulls creations back.