U.S. spot XRP exchange-traded funds (ETFs) finished the week without a single day of net inflows, according to data from Sosovalue. Canary’s XRP ETF (XRPC) recorded a $529,500 net outflow on Monday, Nov. 2, and the funds then posted zero net flows on Nov. 3, 4, 5, and 6.
Net assets decline as price falls
Cumulative net inflows remain at $1.81 billion, but total net assets slid to $1.34 billion, equal to 1.82% of XRP’s market capitalization. That is down from the $1.425 billion reported on Monday. The shrinking figure reflects XRP’s falling price rather than redemptions, the data indicate.
Sharp turn from steady inflows
The stall marks a sharp reversal for funds that had been drawing steady money just a month earlier. In early October, Bitcoin.com News reported that XRP ETFs logged 12 straight weeks of inflows, with September bringing in $121.4 million. Demand subsequently faded, and by late last month net inflows had fallen to $18.8 million.
XRP funds have held steadier than some peers. On Nov. 6, Solana ETFs shed $25.08 million and Hyperliquid’s HYPE ETFs lost $7.96 million, while Zcash’s ZEC funds were the only altcoin products to attract new cash. U.S. spot bitcoin ETFs saw $1.28 billion in outflows for the week, the largest weekly exit in 19 weeks.
Whale activity picks up
Onchain activity told a busier story. On Nov. 4, 418.5 million XRP left Binance, the exchange’s largest outflow day in nine months, surpassing the 315 million XRP withdrawn on Oct. 29, the day of Binance’s $6.3 billion hack. Bitcoin.com News reported that the drain pushed XRP’s Binance scarcity index to a four-year high.
Large holders also appear to be growing, with XRP millionaire wallets hitting a 2026 high. A single wallet moved 140.35 million XRP, worth about $167.8 million, to an unknown address yesterday. Such outflows shrink the supply available to sell but do not guarantee a rally, and some may be internal Binance transfers.
The result is a split market: large holders appear to be pulling XRP into storage, while the regulated products that brought in steady money for most of the year have stopped growing.
Price picture
XRP is trading near $1.16, down roughly 7% over the past week and about 50% from a year ago. Online analysts have flagged the $1.21 level as support and said XRP needs to clear $1.34 to confirm a bottom. With XRP now below that level, the next mark on many charts sits near $1.11.
