Home Crypto Franklin’s XRP ETF Buys $2.25 Million as Bitwise’s Fund Sells: Is Wall Street Losing Interest in XRP, or Just Waiting?

Franklin’s XRP ETF Buys $2.25 Million as Bitwise’s Fund Sells: Is Wall Street Losing Interest in XRP, or Just Waiting?

by Alan North


U.S. spot XRP ETFs took in a net $708,510 on Wednesday, October 21, their first inflow in a week, as Franklin Templeton’s XRPZ bought $2.25 million of XRP. Bitwise XRP ETF lost $1.55 million. Two empty days came before it. Most of October has looked the same. That is the quiet side of this week’s XRP news.

On the regulatory side, Ripple submitted a letter on Tuesday supporting the SEC’s proposed Regulation Crypto Assets. Chief legal officer Stuart Alderoty wrote on X that Ripple “spent more than $150 million to get clarity” in its court fight. A final rule has no date yet.

The XRP price is $1.33, down 2.3% in 24 hours after a rejection near $1.40 on Tuesday. So who is still buying the XRP ETFs, and which levels matter for the price?

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XRP News: How Much Are the XRP ETFs Taking In?

Very little, and mostly through one fund. Over the ten trading days from October 8, the five spot XRP ETFs took in a net $7 million, and $8.17 million of that came on the first day. Half of those sessions recorded no flows at all.

Franklin is the steady buyer. XRPZ took in $14.06 million across three days in that stretch. Bitwise’s fund, still the largest by total inflows at $680 million, lost $4.56 million over the same days, and Canary’s XRPC shed $2.47 million on October 16.

XRP News
Total XRP Spot ETF Coinglass

The week of October 12 to 16 ended with $1.83 million of net outflows, breaking a 13-week run of inflows. Compare that with Bitcoin: U.S. spot BTC funds took in about $1.07 billion from Monday to Wednesday this week, Farside data shows.

XRP ETFs aren’t being sold off; their total since launch in November 2025 still stands at $1.72 billion. Buyers just aren’t adding much at these prices.

XRP Price Analysis: Can XRP Hold $1.31?

Market Cap





 

XRP is stuck between two clear zones. Above, $1.37 is the wall: a daily swing high at $1.3661 sits just under the 50-day and 200-day EMAs, which crossed at $1.3742 and $1.3747 on the daily chart. Tuesday’s high near $1.40 is the line past it.

Below, $1.31 is the first support, the last daily swing low at $1.3098 and only two cents under today’s price. If it gives way, the next floor is $1.25, where buyers stepped in on October 18.

A daily close above $1.3747 would put XRP back above both moving averages and bring $1.40 into reach. A close below $1.31 points to a retest of $1.25.

Franklin keeps buying, a few million at a time. The next XRP news that matters is whether the other four funds join in before $1.31 is tested.

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The post Franklin’s XRP ETF Buys $2.25 Million as Bitwise’s Fund Sells: Is Wall Street Losing Interest in XRP, or Just Waiting? appeared first on 99Bitcoins.





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