Overview of XRP ETFs

Market Data and Holdings

XRP traded around $1.43 on Oct. 7, down 5.46% over 24 hours, according to market data tracker Maketo. The five tracked US spot XRP ETFs held an estimated $1.7 billion at the previous day's close, accumulated exposure.

Net Flows and Withdrawals

The latest net flows were much smaller, with the ETF sector containing withdrawals as well as additions. Franklin and Canary recorded outflows on Oct. 6, even though the five funds collectively received net inflows. The exchange-wallet decline used to support a supply-squeeze story also includes a storage migration that left coins under the same exchange's control.

Flow Data and Monthly Figures

Maketo estimated that its five tracked funds held $1.7 billion, or about 1.13 billion XRP, at the Oct. 6 close. Its flow data for the same date showed $3.14 million of aggregate net inflows. The past-week total was roughly $3.9 million, alongside $112 million over the past month.

Exchange Activity and Market Trends

The exchange picture is also mixed. An Oct. 7 reading from ledger data tracker XRP Insights, taken at 08:00 UTC, counted 21.98 billion XRP in 699 publicly attributed wallets across 24 exchanges. This includes cold storage and some reserves backing wrapped tokens, so it is broader than readily tradable inventory. Selling can also occur within an exchange's pooled customer accounts. As an accounting matter, XRP moving from one customer's ownership to another's need not alter the exchange's total on the ledger.

Futures Activity and Market Sentiment

CoinGlass recorded $3.97 billion of XRP futures turnover over 24 hours against $801.56 million of covered spot turnover. Open interest stood at $3.35 billion. Its XRP price reading was $1.4308, down 5.46% over the same rolling day. Futures activity was roughly five times the covered spot figure. Gross turnover counts trading activity rather than net bearish exposure, leaving open whether futures sellers led the price move or followed it.