XRP Spot ETFs Pull $8.43M Inflows After Breaking $1.25 Support
Key Summary
XRP spot ETFs pulled $8.43M in net inflows on October 29, reaching their highest single-day total since September 25 after prices breached the $1.25 threshold following the Binance hack. Exchange order books tracked by AMBCrypto showed that combined ETF holdings now account for 1.87% of circulating supply. Meanwhile, Q3 metrics reported by Blockworks revealed stablecoin supply on XRPL grew by 25.2% to $1.03B, and global ETP assets under management reached $3.32B.
Key Bullets
- Spot XRP exchange-traded funds registered $8.43M in net inflows on October 29 according to data published by AMBCrypto.
- Combined institutional ETF holdings now account for 1.87% of the total circulating token supply on public ledgers.
- Data from Blockworks indicates global ETP assets under management expanded to $3.32B during the third quarter.
- Stablecoin supply on the XRPL network increased by 25.2% to reach a total of $1.03B.
Spot ETFs Record Daily Inflows
XRP slid below the $1.25 support level Thursday morning after a Binance hack triggered a 6.5% drop across major spot order books. Exchange volume data monitored by AMBCrypto showed that retail traders panicked. Short-term holders found themselves underwater quickly. Liquidity evaporated from secondary markets. Order books thinned out within hours.
Spot XRP exchange-traded funds pulled $8.43M in net inflows on October 29. This marked the highest single-day performance for these products since September 25. Combined institutional holdings now represent 1.87% of circulating supply. Funds kept buying the dip. Traditional allocators ignored the panic.
Q3 Metrics Confirm Growth Trends
Financial reporting published by Blockworks revealed that global XRP ETP net inflows jumped by 39.6% to $355.3M during the third quarter. Total assets under management climbed to $3.32B by the end of September. Stablecoin supply on the XRPL network grew by 25.2% to reach $1.03B. Payment volume increased by 4.3% across the protocol.
Distributed tokenized real-world asset value expanded by 29.2% to hit $498.7M. Aviva launched a tokenized fund in a direct partnership with BNY Mellon. Institutional plumbing expanded rapidly. The underlying architecture kept scaling. Balance sheets reflected heavy corporate accumulation.
Corporate Infrastructure Expands Rapidly
BNY integrated XRP into corporate payment rails during October, according to official institutional disclosures. Standard Chartered rolled out dedicated custody services for institutional token holders. Ripple secured final U.S. approval for its banking subsidiary. Coinbase added native support for RLUSD.
Institutional capital started positioning ahead of broader market recognition. Traditional finance institutions built operational pipelines throughout the month. Corporate adoption accelerated despite sluggish spot price action. Smart money moved quietly behind the scenes.
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