Franklin Templeton Leads Surge as XRP ETFs Hit October Peak Inflows

XRP ETFs achieved their highest single-day inflow for October 2026 on Oct. 29, with the Franklin XRP ETF emerging as the primary driver of capital growth.

Combined inflows reached $8.43 million, effectively breaking a four-day streak of outflows and marking the first positive daily movement since Oct. 23. This trend suggests a level of investor resilience, as capital continued to flow into these products despite recent downward pressure on the asset’s price. However, overall monthly demand has slowed considerably compared to the robust levels seen in August and September.

Record-Breaking Daily Inflows for XRP ETFs

The $8.43 million influx on Oct. 29 not only ended a period of withdrawals but also established a new monthly record, surpassing the previous peak of $8.17 million set on Oct. 8. While this recovery provides a momentary reprieve, analysts suggest that a single day of positive flow may not indicate a full shift in investor sentiment, especially as XRP continues to navigate price volatility.

The Franklin XRP ETF (XRPZ) dominated the day’s activity, attracting $5.57 million in new capital. The Bitwise XRP ETF also saw positive momentum with $2.86 million in inflows. Together, these two funds accounted for the entirety of the day’s gains, while other products, such as the Canary Capital XRP ETF (XRPC), remained stagnant.

XRP ETFs Outpace Peer Altcoin Products

On Oct. 29, XRP ETFs demonstrated stronger relative performance than other major altcoin investment vehicles. While XRP attracted $8.43 million, ETFs tracking Ethereum, BNB, Solana, and Tron recorded no new inflows.

Although Bitcoin ETFs led the overall market with $17.07 million in daily inflows, XRP and ZEC were the only altcoin-based ETFs to post positive gains. In contrast, some altcoin products suffered heavy losses, with Ethereum ETFs seeing $105.48 million in outflows and Solana ETFs losing $27.69 million.

Franklin’s XRPZ Surpasses $524 Million Milestone

Following the recent surge, Franklin Templeton’s XRPZ has increased its cumulative net inflows to $524.16 million. This follows its recent achievement of becoming only the second XRP ETF to cross the $500 million threshold.

XRPZ currently maintains its position as the second-largest XRP ETF by cumulative net inflows, trailing Bitwise, which leads the market with $682.44 million. Canary Capital’s XRPC ranks third with $484.34 million, despite having the advantage of being the first to launch and initially securing higher first-day volumes.

Price Decline Shadows October Performance

Despite the end-of-month recovery, October’s total net inflows for XRP ETFs reached only $19.33 million. This marks a sharp decline from September’s $121.4 million (down 84%) and August’s $158.18 million (down 87%).

This slowdown coincides with a challenging period for the underlying asset. XRP is currently trading at $1.2456, reflecting a 16.38% decline for October 2026 and putting the cryptocurrency on track for its first monthly loss since June 2026.

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