XRP ETFs End 13-Week Inflow Run With $1.84 Million In Withdrawals

Spot XRP ETFs launched in the US in 2025, following the 2024 approvals of spot bitcoin and ether products, with SoSoValue tracking daily flows across issuers. The funds built a 13-week run of net inflows, pulling in roughly $1.8 billion before the October 12-16 week. That streak had made XRP the most consistent of the newer altcoin ETF launches, alongside Solana's.

The $1.84 million outflow is tiny next to the $1.8 billion already raised, but it breaks a pattern issuers and market-makers had used to gauge steady demand. Authorized participants now watch the next SoSoValue print for confirmation rather than assuming continuation. The timing matters more than the size: it lands alongside a reported sharp drop in on-chain payment activity, giving fund allocators a second signal to weigh beside flow data.

A fund wrapper's inflows are not the same as network usage, and the gap between the two is the real story here. If on-chain payment activity falls while ETF demand had been climbing, it suggests speculative or treasury-driven flows were doing the work, not transactional growth. Solana's ETFs facing their own struggle to recover adds to a pattern: newer altcoin products can attract capital fast but have not yet proven it is sticky.

The next SoSoValue weekly report, covering the week after October 16, will show whether this is a one-week pause or the start of a reversal. Exchange reserves sitting near 11.81 billion XRP are worth tracking alongside flows, since rising reserves alongside outflows would point to selling pressure rather than simple profit-taking. A rebound in on-chain payment volume would also help separate a temporary wobble from a genuine shift in demand.