US spot XRP ETFs log a full week without net inflows, Sosovalue data shows
Canary's XRPC shed $529,500 on 2 Nov and the other US spot XRP funds then recorded zero net flows for four sessions, as XRP fell to about $1.16.
Key points
- Canary's XRPC posted a $529,500 net outflow on 2 Nov, the only XRP fund to move that day
- Net flows were zero on 3, 4, 5 and 6 Nov, after 12 straight weeks of inflows into early October
- October inflows fell to $18.8m from $121m in September, while net assets slipped to $1.34bn
US spot XRP ETFs went a full week without a single day of net inflows, according to Sosovalue data cited by Bitcoin.com News. Canary's XRPC was the only fund to move on 2 Nov, with a $529,500 net outflow, and the funds then recorded zero net flows on 3, 4, 5 and 6 Nov.
The stall marks a sharp reversal for products that had drawn steady money for most of the year. Cumulative net inflows still stand at $1.81bn, but total net assets slid to $1.34bn, equal to 1.82% of XRP's market capitalisation, down from $1.43bn on 2 Nov. The decline reflects XRP's falling price rather than redemptions, the article says.
Demand had already faded. XRP ETFs logged 12 straight weeks of inflows into early October, when September brought in $121m, but October net inflows came to just $18.8m.
Onchain activity told a different story. On 4 Nov, 418.5m XRP left Binance, the exchange's biggest outflow day in nine months, and XRP millionaire wallets reached a 2026 high. XRP traded near $1.16, down about 7% over the past week and roughly 50% from a year earlier.
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