XRP price climbed 2.82% to $1.38 over 24 hours, joining a broader cryptocurrency rebound after two days of losses.
Bitcoin price rose by 2.51% to more than $83,000, while Ethereum climbed to $2,490.
The total market capitalization of the cryptocurrency industry rose by 1.87% to $2.79 trillion, as some of the top tokens rallied.
XRP ETFs attracted $8.17 million on Thursday. For this to happen, XRP would need to rise by about 8.7% from its current price.
XRP ETFs Draw $8.17M as Bitcoin and Ethereum Funds Lose Cash
XRP spot ETFs recorded $8.17 million in net inflows on October 8, while Bitcoin and Ethereum funds faced withdrawals. SoSoValue indicates that Franklin’s XRPZ was responsible for all the inflow as four other XRP funds did not experience a net movement.
Bitcoin spot ETFs in the U.S. shed $244 million, with Franklin’s EZBC as the sole fund to gain money. It was granted about $4.71 million, while the biggest withdrawal was made by Fidelity’s FBTC, which pulled $197 million.
Bitcoin Spot ETFs See $244 Million in Net Outflows on October 8
On October 8 (ET), U.S. spot Bitcoin ETFs recorded total net outflows of $244 million, with only the Franklin Bitcoin ETF (EZBC) reporting a net inflow. Spot Ethereum ETFs saw total net outflows of $72.544 million, marking their eighth consecutive day of net outflows.
— Wu Blockchain (@WuBlockchain) October 9, 2026
Ethereum ETFs saw net outflows totaling $72.544 million, continuing their withdrawal trend for the past eight trading sessions. The data revealed XRP ETF assets of $1.56 billion and daily turnover of $65.44 million. Across the five products, the lifetime net inflows were $1.80 billion.
Will XRP Price Recover to $1.50 Soon?
The XRP Price traded at $1.38 on Friday, October 9, as its recovery stalled below nearby resistance.
XRP price had pulled back from near $1.50 earlier this week, falling below two price levels that had been supportive trading levels. The token bounced from the $1.35 price point, but failed to get back to $1.40.
The Relative Strength Index (RSI) was at 36, which is above the traditional “oversold” level of 30.
The MACD line was at −0.0278 where the signal line was at −0.0270 and the histogram was at −0.0008. This indicated that bear momentum was subsiding as the negative bars were shrinking but the lines were not confirming a bull market cross.
The first recovery level to consider is $1.45 on the sustained break above $1.40 for four hours. That resistance would be a boost to the rebound case and open the door for a potential return to $1.50.
On the downside, a loss of $1.35 on a consistent basis could uncover the support zone around $1.30 in mid-September.