XRP ETFs now hold $1.7 billion but took in just $4M last week

XRP traded around $1.43 on Oct. 7, down 5.46% over 24 hours. Five tracked US spot XRP ETFs held an estimated $1.7 billion at the previous day's close, according to market data tracker Maketo.The holdings total is accumulated exposure. The latest net flows were much smaller, and the ETF sector contained withdrawals as well as additions: Franklin and Canary recorded outflows on Oct. 6, even though the five funds collectively received net inflows. The exchange-wallet decline used to support a supply-squeeze story also includes a storage migration that left coins under the same exchange's control.ETF inflows and wallet withdrawals tell a smaller storyMaketo estimated that its five tracked funds held $1.7 billion, or about 1.13 billion XRP, at the Oct. 6 close. It values the coins at its own daily closing price and estimates some holdings when issuers do not publish a coin count.Its flow data for the same date showed $3.14 million of aggregate net inflows. The past-week total was roughly $3.9 million, alongside $112 million over the past month. The weekly and monthly figures cover the tracker's trailing periods.The rounded daily breakdown showed about $11 million entering Bitwise's fund...