XRP and SOL ETF Inflows Plunge Over 90% in a Week

The spot XRP ETFs, while maintaining their positive net flow streak, saw a dramatic 94% drop in weekly inflows. The week began with $4 million in inflows on Monday, but demand vanished on Tuesday and Wednesday, mirroring summer trends. Investors returned on October 1 with $4.07 million in inflows, but Friday saw $3.28 million in net outflows, the first since September 18. The week ended with $4.74 million in net inflows, extending the streak of positive weeks to 12.

Meanwhile, XRP's price faced rejection at $1.55 twice and dipped to $1.45 on Friday during a market correction. It has since recovered to around $1.50. The spot Solana ETFs experienced an even steeper decline, with inflows plummeting from $188.22 million to just $2.43 million, a drop of over 97%. The week started strong with $12.70 million and $5.44 million in inflows on Monday and Tuesday, but investors reversed course on Wednesday and Thursday with outflows of $11.10 million and $5.91 million, respectively.

Friday's slight inflow of $1.30 million saved the weekly streak for SOL ETFs. SOL's price jumped above $123 midweek but fell below $118 on Friday, recovering to $129 by press time.