Thursday 8 October: $1.3798 (-2.93%)
Friday 9 October: $1.3956 (+1.14%)
Saturday 10 October: $1.4020 (+0.46%)
Sunday 11 October: $1.4102 (+0.59%)
Monday 12 October: $1.3413 (-4.89%)
Tuesday 13 October: $1.3658 (+1.83%)
Wednesday 14 October: $1.3315 (-2.52%)
Thursday 15 October
XRP ETFs: Flows and Statistics (as of Oct. 14)
Top Five XRP ETFs by Amount of XRP Held (as of Oct. 14, closing prices)
Top XRP Treasury Companies
Software Releases
What it means
XRP closed 14 Oct at $1.3315, down 6.3% from the 7 Oct close at $1.4215.
12 Oct was the largest single day drop at -4.89%, with no XRP-specific news reported.
XRP ETFs added about $8.8M net from 8 to 15 Oct, and total inflows are approximately $1.8B.
XRP spot ETFs hold about 1.17B XRP, with Bitwise the largest.
Batch and fixBatchV1_2 went live on the XRPL mainnet on 9 Oct.
Evernorth (XRPN) listed on Nasdaq on 12 Oct and holds about 473M XRP, the largest XRP treasury.
Part of a seriesXRP had a relatively soft week, down ~6.3% from $1.4215 on 7 October to $1.3315 on 14 October. The main drivers were positive this week. Batch was implemented on the XRPL mainnet. Evernorth (now XRPN) completed its merger with Armada Acquisition II and listed on the Nasdaq. The biggest ETF day of the window took in about +$8.17M.
Prices below are UTC-day closes. Matched across Investing.com and CoinGecko.
No specific XRP trigger reported. XRP ETFs took in about +$8.17M, the biggest ETF day of the window.
Bounce.
Batch V1_1 and fixBatch V1_2 went live on the XRPL mainnet.
Evernorth’s merger with Armada Acquisition Corp. II closed (it began trading on the Nasdaq as XRPN on Monday 12 October).
ETF net flow was 0.
A relatively quiet day.
Small gain and the highest close of the week.
Bigger daily drop of the week.
Evernorth began trading on the Nasdaq as XRPN.
No specific XRP trigger reported.
ETF net flow was 0.
Bounce. ETF net flow was 0.
The only inflow of the day was the Bitwise XRP ETF at +$740,400.
Crypto came under pressure as hotter US inflation increased expectations of a Fed rate hike (Coinpedia).
Continued sell-off of crypto.
ETFs saw a small net outflow of -$104.5K. The Bitwise ETF saw -$3.75M and Franklin XRPZ saw +$3.64M.
Based on data from five XRP Spot ETFs, cumulative net inflows are approximately $1.8 billion with net assets of approximately $1.5 billion.
| Day | Net flow |
| Thu 8 Oct | +$8.17M |
| Fri 9 Oct | $0 |
| Mon 12 Oct | $0 |
| Tue 13 Oct | $0 |
| Wed 14 Oct | +$0.74M |
| Thu 15 Oct | -$0.10M |
| Total | about +$8.8M |
1. Bitwise XRP: about 418 million XRP
2. Franklin XRPZ: about 302 million XRP
3. Canary XRPC: about 245 million XRP
4. 21Shares TOXR: about 107 million XRP
5. Grayscale GXRP: about 65 million XRP
Total XRP held by US spot XRP ETFs (including REX-Osprey XRPR, about 36 million): about 1.17 billion XRP.
Evernorth (XRPN) is the only publicly confirmed XRP treasury company and holds about 473 million XRP, bringing in gross cash of approximately $300 million from the merger.
Other companies such as VivoPower, Trident Digital, Webus and Wellgistics, have confirmed commitments and/or plans but haven't disclosed specific, dated holdings.
BatchV1_1 went live on Oct. 9. With this update, users can bundle up to 8 transactions into one, with the outer transaction paying the fees of the inner ones. Users can choose from 4 modes: All or Nothing, Only One, Until Failure and Independent.
fixBatchV1_2 went live on the same day. This update accepts Batches with a valid wrapper and rejects Batches with an invalid wrapper. It was released as part of an emergency update (xrpld 3.4.1) on Sep. 25, and no mainnet transactions were affected, according to the XRPL's report.
xrpld 3.4.1 was released on Sep. 25, and this fixed a payment engine integer overflow bug. This bug could mint XRP and there is no evidence to show this was exploited.
About $1.33 is the level to watch for support, and the $1.40-$1.41 zone is the resistance to reclaim.
ETFs added net money during the dip, and the upgrades shipped. That's a decent base for the next move.
Data and sources: prices from Investing.com and CoinGecko, ETF flows from SoSoValue, ETF holdings from xrp-insights, upgrades from XRPL.org and crypto.news, and treasury data from company reports.
India Crypto Research operates independently. The information presented herein is intended solely for educational and informational purposes and should not be construed as financial advice. Before making any financial decisions, it's essential to undertake your own thorough research and analysis. If you're uncertain about any financial matters, we strongly recommend seeking guidance from an impartial financial advisor.
