XRP Price Drops as Bitwise ETF Inflows Hit $11.31 Million
XRP tested key support levels amid significant ETF inflows, while Ethereum faced pressure around $2,500.
XRP tested key support levels amid significant ETF inflows, while Ethereum faced pressure around $2,500. Ethereum (ETH) is trading at $2,507.80, up 0.9% since this brief published. This is an original TLT brief synthesising 2 outlets (CryptoNews, U.Today), with their figures cross-checked, plus live market data, as of Tue, 13 Oct 2026 04:15:02 UTC.
The substantial ETF inflows into XRP indicate growing institutional interest, but the price reaction suggests potential profit-taking or market uncertainty. Meanwhile, Ethereum's price action around $2,500 could indicate a critical support test.
- XRP ETF inflows totaled $11.31 million from October 5-9, primarily driven by Bitwise.
- XRP tested the $1.32-$1.38 support zone amid the ETF activity.
- Ethereum's price hovers near $2,500 after a recent market bounce.
- Total crypto market cap stands at $2.86 trillion amid broad market decline.
Multiple outlets, including CryptoNews and U.Today, confirm that XRP ETF inflows reached $11.31 million from October 5-9, with Bitwise being the primary driver. However, they differ slightly in their emphasis, with CryptoNews focusing on the support zone testing and U.Today highlighting the broader market implications. Both outlets agree on the $11 million figure but diverge in their analysis of its impact on XRP's price action.
XRP experienced a notable price decline as ETF inflows reached $11.31 million from October 5-9, according to data from multiple outlets. The inflows were primarily driven by Bitwise, which contributed significantly to the demand for XRP during this period.
During this time, XRP tested the $1.32-$1.38 support zone, indicating potential market uncertainty or profit-taking despite the substantial ETF inflows. This price action suggests that while institutional interest is growing, it may not be enough to sustain upward momentum in the short term.
Ethereum also faced pressure around the $2,500 mark, with the Ethereum Foundation reportedly depositing $11 million, as noted by U.Today. This move comes amid a broader market downturn, with Ethereum's price hovering near $2,486 after a recent bounce.
The total crypto market cap currently stands at $2.86 trillion, reflecting a broad market decline. 
Bitcoin is down 1.06% over the past 24 hours, while Ethereum has fallen by 2.27% during the same period. The Fear & Greed Index remains in 'Greed' territory at 57, indicating a cautious but not yet bearish sentiment.
The developments surrounding XRP and Ethereum highlight the complex interplay between institutional investment and market dynamics. As XRP tests key support levels and Ethereum navigates around $2,500, market participants will be watching closely for signs of a potential reversal or further decline.
Since this brief published about 10 hours ago, Ethereum (ETH) has moved from $2,486.16 to $2,507.80 — +0.87%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₦3.43M (about $2,507.80), down 1.4% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
TLT extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
XRP Price Drops as Bitwise ETF Inflows Hit $11.31 Million — questions & answers
What were the XRP ETF inflows for the period?
XRP ETF inflows totaled $11.31 million from October 5-9.
Which entity was the primary driver of XRP ETF inflows?
Bitwise was the primary driver of XRP ETF inflows.
What is Ethereum's current price and market cap?
Ethereum is priced at $2,486.16 with a market cap of $303.63 billion.
How much is 1 Ethereum worth in naira today?
About ₦3.43M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,507.80. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.87% since this brief first published — trading at $2,507.80 now versus $2,486.16 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CryptoNews, U.Today, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.