XRP Price Prediction for Fed Week: $1.30 as XRP ETFs Take…
By Abdelaziz Fathi
AI summary of the source article
U.S. spot XRP ETFs recorded approximately $4.25 million in net inflows for the week ending October 23. Concurrently, the XRP Ledger's fixCleanup3_4_0 amendment regained validator backing and is scheduled to activate on November 4.
Why it matters
The prior week's withdrawal "mattered because it ended 13 consecutive positive weeks" for U.S. spot XRP ETFs.
Key facts
- U.S. spot XRP ETFs drew about $4.25 million in net inflows for the week ending October 23 after a $1.84 million net outflow the week prior.
- Cumulative net inflows to U.S. spot XRP ETFs reached approximately $1.80 billion since launch, while their current market value stands at roughly $1.48 billion.
- The XRP Ledger's fixCleanup3_4_0 amendment secured support from 32 of 35 validators, setting it up for activation on November 4.
Source excerpt · FinanceFeeds
XRP entered Fed week around $1.30 after briefly trading as high as $1.3148 on Sunday, with two institutional signals moving in opposite directions: U.S. spot XRP ETFs returned to modest inflows after ending a 13-week winning streak, while the value of their assets remains roughly $322 million below cumulative net subscriptions. The token has also shown relative resilience during another weak stret…