XRP ETFs Draw $8.43 Million as Price Holds Near $1.25
2 min read
U.S. spot XRP exchange-traded funds recorded $8.43 million in net inflows on Thursday, October 29, 2026, according to SoSoValue data. Franklin Templeton and Bitwise led the buying as XRP traded near $1.25 following a reported Binance security incident.
The incident reportedly involved approximately $6.3 billion in affected assets, although the full amount has not been confirmed as stolen. XRP briefly touched $1.20.
The reported Binance incident involved exchange infrastructure; available reporting does not establish whether XRP ETF holdings were independently affected.
The inflows ended a five-session lull for the two participating funds. Their purchases contrasted with outflows from competing Ethereum and Solana investment products, according to the market data outlined in the reporting.
XRP ETF Inflows Breakdown
Franklin Templeton’s inflows represented approximately 4.34 million XRP, while Bitwise attracted the equivalent of 2.23 million tokens. The concentrated buying indicates renewed demand through regulated investment products, although positive fund flows do not guarantee a corresponding price recovery.
| Fund or Metric | Reported Value |
|---|---|
| Franklin Templeton XRPZ | $5.57 million |
| Bitwise XRP Fund | $2.86 million |
| Cumulative ETF net inflows | $1.809 billion |
| Total ETF net assets | $1.465 billion |
Ripple Secures Federal Banking Approval
On October 26, 2026, the Office of the Comptroller of the Currency granted final approval for Ripple National Trust Bank, following conditional approval in December 2025.
The charter authorises fiduciary custody and reserve-management activities under federal supervision. It does not make the institution a conventional retail deposit-taking bank.
Ripple and Coinbase announced a partnership on October 28, 2026, expanding Ripple USD access through Coinbase Prime, Coinbase Exchange and the retail app.
RLUSD also supports transfers across the XRP Ledger, Base and Ethereum.
Ripple reported RLUSD’s market capitalisation at $2.6 billion, reflecting its growing role in the company’s institutional financial services.
What to Watch Next
On November 1, 2026, Ripple’s scheduled escrow cycle is expected to unlock 1 billion XRP, valued at approximately $1.25 billion. CryptoRank’s historical analysis indicates that Ripple typically relocks around 70% of monthly releases. The amount retained or returned to escrow will determine how much of the scheduled supply becomes available for potential distribution.
Live XRP chart
Data: CoinGecko. Prices in USD.
