XRP and ZEC Spot ETFs Post $14.87 Million Net Outflow on October 15

Update 23:38 UTC: A longer-horizon read puts the October 15 outflow in context: United States XRP spot ETFs have now logged 13 consecutive weeks of net inflows since the week ended July 10, with cumulative creations of roughly $1.8 billion, even as the token sits about 50% lower over the past year.

A One-Day Reversal Worth $14.87 Million

United States spot exchange-traded funds holding XRP and Zcash flipped from intake to outflow on October 15, returning a combined $14.87 million in net terms, the daily issuer flow disclosures show. The swing took a single session. On October 14 the same two fund groups had booked $4.42 million of combined net inflows, so one day of redemptions erased that intake and left the pair in deficit. Daily flow disclosures record creations, cash that enters a fund when new shares are issued, against redemptions, cash that leaves when shares are retired; a negative net print means redemptions outweighed creations across the group. Most of the money left through ZEC. The Zcash ETF (ZCSH) alone shed $14.76 million, by far the largest single figure in the print, while XRP products as a whole lost a far smaller $104,500. The XRP side then split at the issuer level. Franklin's XRPZ fund absorbed $3.64 million of net creations, the strongest single inflow of the session across both asset groups, while Bitwise's XRP ETF paid out $3.75 million, a sum that nearly cancelled Franklin's gain and left the asset marginally negative for the day. One product outside the pair bucked the outflow: Bitwise's NEAR ETF (NRR), which tracks the layer-1 blockchain protocol NEAR Protocol, took in $1.13 million, the day's lone net inflow in the disclosure set. Spot markets barely registered the redemptions. The XRP price held near $1.33 through the session and stood 0.8% higher over 24 hours at the time of writing, so a day that pushed $14.87 million out of the two fund groups has so far left no visible mark on the tape.

A longer-horizon read puts the October 15 outflow in context: United States XRP spot ETFs have now logged 13 consecutive weeks of net inflows since the week ended July 10, with cumulative creations of roughly $1.8 billion, even as the token sits about 50% lower over the past year. The pace is slowing, though. Weekly intake ran $75.6 million in the week ended September 25, then fell to $4.7 million and $11.3 million over the following two weeks, and several October sessions printed no net inflow at all. On October 14, the day before the reversal, XRP spot ETFs still took in $740,000. Newer spot products charging fees of 0.19% to 0.50% are also pressuring older vehicles, with the Rex-Osprey XRPR down 1.73% at $10.79 and the futures-based Volatility Shares XRPI off 2.56% at $7.04, and analysts flagging $1.29 support and a $1.40 recovery as the levels that decide the next move.

XRP traded lower around the flow print, last changing hands at $1.3116, down 1.66% over 24 hours with a market cap of $82.7 billion. Our composite support and resistance scoring puts the nearest resistance at $1.3505 (93/100) and the nearest support at $1.3096 (85/100), both graded strong, with a heavier ceiling at $1.4169 (96/100) and the deepest floor at $1.2456 (91/100). Positioning leans against the downtrend: open interest stands at $889.8 million, the long/short account ratio reads 3.67, meaning roughly 78.6% of tracked accounts sat long while funding printed at 0.0006% and RSI slipped to 36.39 with a bearish MACD. A break under $1.3096 would put that crowded long bias under immediate pressure (as of 23:38 UTC).

Franklin and Bitwise Pull Opposite Ways

The split inside the XRP fund group is the detail that keeps the day from reading as a uniform exit. Franklin and Bitwise run the two United States XRP ETFs in the disclosure set, and on October 15 they moved in opposite directions on the same underlying asset: XRPZ gathered $3.64 million of new money while the Bitwise XRP fund returned $3.75 million, a gap of roughly $7.39 million between two products that hold the same token. Neither issuer published an explanation for the divergence alongside the figures. The net result for the asset was a loss of $104,500, small enough to sit next to rounding error against ZCSH's $14.76 million. Zcash, the privacy asset whose shielded transactions serve a purpose close to that of a crypto mixer, supplied the heavy outflow; its single product outweighed everything else in the print combined. The $1.13 million into NRR rounded out a session in which asset-level flows were mixed rather than one-sided. XRP itself settles on the XRP Ledger, whose consensus mechanism relies on independently configured validators rather than mining, and none of the day's fund-level activity touches that settlement layer. The more relevant comparison sits one day back: on October 14 the combined XRP and ZEC groups had taken in $4.42 million, and the sign flipped within 24 hours. As the disclosures themselves make plain, a single day of ETF flow data cannot settle the direction of a token's price or the path of medium-term demand; it records what investors did in one session, nothing more.

What One Session Can and Cannot Say

One print across two fund groups is a narrow sample, and the internal split argues against a clean read. Franklin's $3.64 million of creations and Bitwise's $3.75 million of redemptions on the same asset point to issuer-level rotation rather than a coordinated exit from XRP exposure, and spot behavior agrees: the token, which only recently gave up its entire summer range, held $1.33 while the funds bled. Longer-horizon calls still have defenders too, with one recent desk analysis picking XRP as the best 12-month bet on a $1.6 billion US fund base. Readers weighing a first position in these products can start with our guide to investing in crypto ETFs and funds. The next set of issuer disclosures, due after the October 16 session closes, will show whether the exit repeated or reversed again.