Daily News 19

Tag: Spot XRP ETFs

  • Machine Learning Algorithm Sets XRP Price for October 1, 2026

    Machine Learning Algorithm Sets XRP Price for October 1, 2026

    AI Models Project Modest Pullback for XRP by October 2026

    A machine learning forecast compiled by Finbold’s AI Agent indicates that XRP could trade at an average price of $1.29 on October 1, 2026. That figure represents a 3.61% decline from the token’s current price of $1.34. The prediction aggregates output from three advanced artificial intelligence models: DeepSeek Chat, GPT‑5.6 Sol, and Gemini 3.5 Flash.

    XRP price prediction. Source: Finbold

    Individual Model Forecasts Diverge Significantly

    While the blended outlook points to a modest pullback over the next 18 days, the three models produced notably different price targets:

    • GPT‑5.6 Sol – the most bullish – projects XRP reaching $1.43, a 6.72% gain from current levels.
    • Gemini 3.5 Flash – the most bearish – sees XRP falling to $1.16, a 13.81% decline.
    • DeepSeek Chat forecasts $1.29, a 3.73% drop.
    XRP price prediction. Source: Finbold

    Key Support and Resistance Levels

    The forecast arrives as XRP continues to hold above the closely watched $1.35 support zone, a level many analysts consider critical for sustaining the asset’s broader recovery trend. On the upside, resistance sits between $1.50 and $1.55, a range that has repeatedly capped recent rally attempts. A sustained break above that band could improve the odds of a broader advance, while a violation of the $1.35 support region may expose the token to further downside pressure.

    Institutional Demand Remains Resilient via Spot ETFs

    Market data shows XRP is underpinned by strong inflows into U.S. spot XRP exchange‑traded funds (ETFs). Cumulative inflows have surpassed $1.6 billion year‑to‑date in 2026. Notably, ETF products attracted more than $110 million in weekly inflows during one of their strongest weeks of the year, signaling continued investor appetite despite the token’s retreat from its August peak near $1.70.

    Analyst Highlights $1.35 as Critical Support

    As reported by Finbold, cryptocurrency analyst Ali Martinez noted that the $1.35 mark remains XRP’s most critical support level as the asset attempts to consolidate above $1.

    Featured image via Shutterstock
  • Bloomberg’s James Seyffart Says XRP ETF Flows Are “Surprisingly Resilient” as Cumulative Inflows Near $1.8B

    Bloomberg’s James Seyffart Says XRP ETF Flows Are “Surprisingly Resilient” as Cumulative Inflows Near $1.8B

    $XRP ETFs continue to attract substantial investor demand, with Bloomberg ETF analyst James Seyffart describing their flow performance as “surprisingly resilient.”

    Seyffart highlighted the trend in a post on X, sharing Bloomberg data showing that U.S. spot $XRP ETFs have recorded approximately $1.8 billion in cumulative net inflows since launch.

    “$XRP ETF flows have been surprisingly resilient,” Seyffart wrote, adding that aggregate flows have “mostly only gone one direction.” He said the performance was particularly notable given $XRP’s price action over the same period.

    $XRP ETF Inflows Continue to Rise

    The chart shared by Seyffart shows cumulative $XRP ETF flows increasing from approximately $150 million on November 13, 2025, to around $1.45 billion by January 16, 2026.

    Flows then consolidated between approximately $1.3 billion and $1.5 billion during the following months before resuming their upward trend.

    Cumulative inflows rose steadily through June, July and August. As of August 26, 2026, cumulative $XRP ETF net inflows stood at approximately $1.79 billion, according to Bloomberg’s graphic.

    That marks an increase of roughly $1.64 billion from the $150 million recorded in November.

    $XRP ETF inflows by Bloomberg

    Goldman Sachs Leads $XRP ETF Institutional Holders

    Seyffart’s latest ETF-flow update followed an earlier post highlighting institutional ownership of spot $XRP ETFs based on second-quarter 13F filings.

    According to his data, Goldman Sachs was the largest holder among the listed firms. The investment bank held approximately $87.45 million in $XRP ETF exposure, equivalent to 84.05 million $XRP. Its exposure increased by more than 83.15 million $XRP during the previous quarter.

    Jane Street Group ranked second, with approximately $16.64 million in exposure, equivalent to nearly 16 million $XRP, after adding about 13.57 million $XRP.

    Millennium Management followed with approximately $16.20 million in exposure, representing roughly 15.58 million $XRP.

    Other institutions reporting $XRP ETF positions included Intesa Sanpaolo, Marex UK Holdings, Ironbridge Private Wealth, Kaleidoscope Capital, Wolverine Asset Management, Bain Capital Private Equity and Citadel Advisors.

    Weekly $XRP ETF Inflows Jump 177%

    Recent flow data further highlights the acceleration in demand. $XRP ETFs recorded approximately $110.49 million in weekly inflows, a 177% increase from the $39.78 million recorded the previous week.

    During the last trading session, $XRP ETFs attracted $5.64 million. Canary led the inflows with $4.71 million, taking its cumulative inflows to approximately $486.73 million. The Bitwise $XRP ETF attracted $930,420, bringing its cumulative inflows to roughly $603.56 million.

    Franklin’s fund, 21Shares and Grayscale recorded no new inflows on Monday. Nevertheless, the latest figures indicate that demand has remained strong following $XRP’s sharp rally and subsequent pullback.

    Monthly $XRP ETF Inflows Show Major Reversal

    The improvement is also evident in monthly figures. $XRP ETFs recorded $159 million in inflows in August, compared with just $27.29 million during the previous month.

    This represents a 462.7% increase. The acceleration coincided with $XRP’s explosive price move during the second half of August.

    $XRP climbed from $0.9888 to $1.70, gaining 72% in just four days. The token has since corrected by 20% and was trading at around $1.37 at press time.

  • First-Ever Spot XRP ETF Plunges 45%

    First-Ever Spot XRP ETF Plunges 45%

    The world’s first spot $XRP ETF has dropped nearly 45% from its all-time high, highlighting continued volatility in the cryptocurrency as it struggles to break above key resistance levels.

    Hashdex Nasdaq $XRP Fundo de Índice (XRPH11), listed on Brazil’s B3 exchange, closed at $2.11 on Friday. That price represents a 44.45% decline from the fund’s peak.

    Brazil’s first spot $XRP ETF extends its decline

    Launched in April 2025, XRPH11 became the first spot $XRP ETF to provide direct exposure to the cryptocurrency through a regulated exchange-traded fund structure. The fund tracks the Nasdaq $XRP Reference Price Index and holds $XRP directly.

    After rising sharply in the months following its launch, XRPH11 entered a prolonged downturn that intensified throughout 2026. The fund is now down more than 57% over the past year and approximately 31% year to date.

    XRPH11 all-time price chart. Source: TradingView

    North American spot $XRP ETFs attract larger inflows

    Although Brazil pioneered the spot $XRP ETF market, larger North American markets soon surpassed it.

    Canada launched its first spot $XRP ETFs in June 2025. Purpose Investments introduced XRPP, while 3iQ listed XRPQ on the Toronto Stock Exchange. Both funds offered regulated $XRP exposure supported by institutional-grade custody solutions.

    The United States followed later in 2025 with several spot $XRP ETF launches. Products from REX-Osprey, Canary Capital, Bitwise, Grayscale, Franklin Templeton, and 21Shares expanded access to $XRP through traditional brokerage accounts.

    By 2026, seven spot $XRP ETFs were trading in the United States. Together, they had attracted approximately $1.5 billion in cumulative net inflows and held more than 1 billion $XRP tokens in custody.

    Limited impact on $XRP price discovery

    Despite being the first product of its kind, XRPH11 has had a limited effect on $XRP price discovery compared with its North American counterparts.

    The Brazilian $XRP investment fund attracted relatively modest assets, while institutional capital and trading volumes increasingly shifted toward larger U.S. and Canadian products.

    At the same time, broader cryptocurrency market volatility and continued token releases from escrow weighed on investor sentiment.

    At press time, $XRP was trading at $1.38, down approximately 2.5% over the previous 24 hours. On the weekly timeframe, the asset had declined nearly 7%.

    $XRP seven-day price chart. Source: Finbold

    Overall, $XRP’s recent momentum has been pressured by the broader retreat across the cryptocurrency market.

    Featured image via Shutterstock