On a day when crypto ETFs bled almost everywhere, every XRP ETF that traded went the other way. U.S. spot XRP ETFs took in $8.17 million on Oct. 8, while bitcoin, ether and Solana funds all recorded outflows. A day earlier, Paxos added XRP to the brokerage platform it runs for fintech and banking partners.
Neither development has stopped the price from falling. XRP traded at $1.38 at 15:25 UTC on Oct. 9, per CoinGecko, up 1.7% on the day but down 9.7% over seven days.
The XRP ETF flows
SoSoValue data, as reported by >CoinGabbar, shows how far apart the flows were on Oct. 8:
| U.S. spot ETF group | Oct. 8 net flow | Cumulative net inflow |
|---|---|---|
| Bitcoin | -$244.13M | $57.09B |
| Ether | -$72.54M | $13.32B |
| Solana | -$3.32M | $1.59B |
| XRP | +$8.17M | $1.80B |
The entire XRP inflow went into Franklin Templeton’s fund, and the other four XRP ETF issuers recorded no flows. It was the largest single-day inflow for XRP ETFs this month. Total XRP ETF net assets were about $1.56 billion, around 1.8% of XRP’s market cap. Assets are lower than cumulative inflows because the XRP price has fallen since many of those dollars came in.
What Paxos added
On Oct. 7, Paxos announced that its Crypto Brokerage now supports XRP, according to >crypto.news and >Crypto Briefing. Paxos provides the back end for other companies’ crypto features, including trade execution, custody, licensing and transfers. Partners can now let their own users buy, sell, hold, deposit and withdraw XRP.
The XRP Ledger Foundation listed PayPal, Venmo, Interactive Brokers, Charles Schwab and Mercado Libre among existing Paxos clients. That list is easy to misread. It does not mean those platforms are listing XRP. Each partner chooses its own coins. As crypto.news notes, Schwab’s August expansion added SOL, AVAX and LINK, and XRP was not on that list.
Why XRP flows look different
A few explanations fit the data:
- A different buyer base. XRP ETF buyers include many long-term retail holders who see dips as buying opportunities. Bitcoin ETF flows are dominated by institutions and hedge funds that cut risk when macro conditions worsen.
- One issuer did all the work. All of the inflow went to one fund, so this could be a single allocator rather than broad demand.
- Small size. $8 million is a good day for XRP ETFs, but it is tiny next to the $244 million that left bitcoin funds.
How to read XRP ETF data
Daily flow numbers for smaller ETF groups can swing on a single large order, so a one-day inflow says little on its own. Three things give a better signal: whether inflows repeat over several sessions, whether more than one issuer is taking in money, and whether total net assets grow faster than the XRP price. On Oct. 8, only the first condition was even partly met. If the coming week brings inflows spread across several issuers while XRP holds above its recent lows, that would point to broader demand rather than one buyer.
CryptoVank’s take
The Paxos news matters more over the long run than for this week’s price. Getting onto the infrastructure behind big fintech apps lowers the barrier for those apps to add XRP later. But it is a capability, not a listing, and readers should be skeptical of social media posts claiming that PayPal or Schwab “added XRP.”
On price, macro is still in charge. With oil above $100 and the 10-year Treasury yield above 5.3% (why that matters), XRP is falling with everything else despite better flows. The inflows suggest some buyers are stepping in on weakness. They are not yet a trend.
For comparison with another large altcoin, see our Solana ETF outflows report.
XRP ETF FAQ
What is the XRP price today?
$1.38 at 15:25 UTC on Oct. 9, 2026, per CoinGecko, down about 9.7% over seven days.
How much have XRP ETFs taken in?
About $1.80 billion in cumulative net inflows as of Oct. 8, 2026, per SoSoValue.
Can I buy XRP on PayPal or Schwab now?
Not because of this announcement. Paxos added XRP support for partners, but each platform decides which coins it offers.
Which XRP ETF had inflows on Oct. 8?
Franklin Templeton’s XRP ETF accounted for the full $8.17 million.
Sources
- >crypto.news: Paxos enables partners to offer XRP trading, custody and transfers
- >Crypto Briefing: Paxos Crypto Brokerage adds XRP
- >CoinGabbar: Crypto ETF flows, Oct. 8 (SoSoValue data)
- >CoinGecko market data, Oct. 9, 2026, 15:25 UTC
This article is for information only and is not financial advice.
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