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XRP ETFs see $3.14M inflows despite XRP price dropping 4.5% amid crypto market dip

Market News
07 Oct 2026
Tokenpost
View Source
Neutral
XRP ETFs see $3.14M inflows despite XRP price dropping 4.5% amid crypto market dip

On October 6, U.S. spot XRP exchange-traded funds (ETFs) recorded a combined net inflow of $3.14 million, led by Bitwise's XRP ETF with $10.55 million inflows. However, XRP's price fell about 4.5% later that day during a broader crypto market decline, dropping from around $1.52 to $1.46 before stabilizing near $1.47. The inflows reflect continued investor interest in regulated XRP exposure through ETFs, which allow holding XRP without direct ownership. This activity coincides with Evernorth's upcoming business combination expected to close on October 7, 2026, with its Class A shares set to begin trading on Nasdaq under ticker XRPN on October 8, offering a transparent way for investors to access XRP exposure.

XRP ETFs attracted $3.14 million in net inflows before XRP's price dropped to $1.46. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 07, 2026 14:21 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable movers include AXS at Rp21.794 with a 6.11% decline and 89% buy orders, XTZ at Rp5.613 down 5.70% with 95% sell orders, and COMP at Rp416.540 down 5.22% with 70% buy orders.

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