XRP ETFs Attract Funds While Bitcoin and Ether Products Lose Money
XRP was the only major crypto ETF group with a positive Thursday flow in CoinDesk's October 9 roundup.
CoinDesk reported around $8 million of net new money into US spot XRP exchange-traded funds on Thursday while Bitcoin, Ether, Solana and Zcash products recorded withdrawals. The XRP figure was concentrated in Franklin Templeton's XRPZ rather than distributed evenly across every listed fund.
That divergence shows different product-level demand during the same volatile session, but it is not direct evidence that XRP's underlying network gained the most users. ETF creation and redemption mechanisms, custodians and arbitrage desks can influence the recorded flows independently of everyday transactions.
Investors should examine several days of fund data and compare assets under management, price impact and market depth. Thin or concentrated inflows may not tell the same story as broad subscriptions across multiple issuers.
The reported figures are dated and may be revised by data providers. A one-day positive flow is not a guarantee of sustained appreciation or a recommendation to buy a token.
Reporting sources & references
These links identify the reporting or public materials on which the article is based; they do not imply our newsroom witnessed the events.