Markets· ★★★· neutral·

XRP ETFs Draw $4.07M on Oct 1 as Ethereum ETFs Bleed $55.37M

  • —XRP ETFs recorded $4.07 million in net inflows on Oct 1
  • —Ethereum ETFs saw $55.37 million in net outflows the same day
  • —Franklin Templeton led with $4.06 million, Bitwise added $3.18 million
  • —Canary's $3.18 million outflow partly offset XRP inflows
Why it matters: The flow divergence signals institutions rotating from ETH into XRP at the start of Q4.
Source: Crypto Economy