XRP fell more than 6.5% following the Binance hack, dropping below the $1.25 support level and returning to mid-August levels. This decline, however, coincided with growing institutional investment: spot XRP ETFs recorded $8.43 million in net inflows on October 29, their strongest daily performance since September 25, and now hold 1.87% of XRP’s circulating supply. ETF inflows are on course to exceed those of the previous week. During October, BNY added XRP to corporate payments, Standard Chartered launched XRP custody, Ripple secured final U.S. approval for Ripple Bank, and Coinbase added support for the RLUSD stablecoin. In Q3 2026, XRP gained 43%, while net inflows into XRP investment products rose 39.6% to $355.3 million, supported by strengthening institutional fundamentals.
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