Aviva Investors Brings £22 Billion Sterling Fund to the XRP Ledger: So Why Is XRP Still Stuck Below $1.30?

On Monday, October 26, Aviva Investors introduced a tokenized share class for its £22 billion Sterling Liquidity Fund on the XRP Ledger, leveraging Ripple as its technology partner. This follows the launch of a dollar-denominated fund version back in July, marking it as the most prominent XRP development of the week. Yet, the price of XRP showed barely any reaction.

Trading at $1.29 on Monday, XRP dropped 0.2% over a 24-hour period and 16% over the course of a month, despite Ripple steadily onboarding new banks and fund managers alongside continuous inflows into XRP ETFs.

This leaves the market questioning why the price continues to drift toward its October lows.

Big news as Aviva Investors announces the launch of a tokenized share class of the Aviva Investors Sterling (GBP) Liquidity Fund on the XRP Ledger.

The Sterling (GBP) Liquidity Fund is Aviva Investors’ largest fund at around £22 billion in assets under management, and this move…

— Ripple (@Ripple) October 26, 2026

Discover: Best Meme Coin ICOs to Invest in 2026

XRP News: What Did Aviva Put on the XRP Ledger?

Aviva tokenized a share class of its largest Irish money market fund. Established in 2002, the Sterling Liquidity Fund holds short-term sterling debt tailored for professional investors.

Described in Aviva’s announcement as a “digital twin,” the fund operates normally with BNY Mellon acting as the asset holder, while the newly created share class exists onchain for digital wallet holders.

Aviva contributed £50 million ($66 million) of proprietary capital, pushing the combined total of its two tokenized funds past £86 million ($116 million). Additional contributors to the launch included custodian Komainu and tokenization platform Licuido.

This represents the second major Ripple partnership in a span of two weeks. On October 12, Standard Chartered revealed it now holds Ripple’s RLUSD stablecoin for institutional clients via its Dubai branch. Furthermore, the bank intends to collaborate with Ripple and LMAX Group to allow RLUSD to serve as trading collateral on LMAX while remaining secured at the bank, though a timeline for that rollout remains unannounced.

DISCOVER: Franklin’s XRP ETF Buys $2.25 Million as Bitwise’s Fund Sells: Is Wall Street Losing Interest in XRP, or Just Waiting?

How Do XRP ETF Inflows Compare With Bitcoin, Ether and Solana Funds?

While modest in absolute dollar terms, XRP ETF inflows match Bitcoin’s performance relative to asset size. US spot XRP ETFs secured $4.25 million last week—entirely across Wednesday and Thursday—following a $1.84 million outflow the previous week that brought an end to a 13-week streak of positive inflows.

During the same timeframe, spot Bitcoin ETFs brought in $301.2 million, whereas Ether funds shed $220.7 million and Solana funds dropped roughly $17.6 million. Evaluating these figures against the existing capital in each fund reveals a distinct picture:

XRP funds expanded at a percentage rate comparable to Bitcoin funds, whereas Ethereum products lost roughly 1.5% of their total assets within a week, sliding toward their toughest month of 2026. However, a caveat remains: despite pulling in $1.80 billion since launch, XRP ETFs currently hold $1.48 billion—roughly 18% lower than total cumulative inflows—as broader price declines eroded the value of these holdings.

Investors nursing losses typically commit capital cautiously, and last week’s capital arrived across just two sessions before drying up.

EXPLORE: Bitcoin ETFs Turn October Positive With $1 Billion in Three Days While ETH Funds Bleed $1 Billion

XRP Price Analysis: Can XRP Hold $1.25?

These strategic partnerships have failed to ignite movement on price charts. XRP opened Monday at $1.2961 and drifted down to $1.2881 following the Aviva announcement, keeping it confined to the $1.25 to $1.40 channel maintained since mid-October.

Overhead resistance clusters tightly between $1.362 and $1.371, where the daily 50 EMA and 200 EMA overlap. XRP has registered daily closes beneath both indicators consistently since October 12. Its sole breakout attempt reached $1.3992 on October 21 before reversing the following day. Immediate support holds between $1.25 and $1.26, zones where buyers previously stepped in at $1.2562 on October 18 and again at $1.2546 on Saturday.

A breach below that level leaves little notable technical support until $1.05, the base established during the August 20 breakout.

Securing a daily close above $1.371 would bring the October 21 high of $1.3992 back into focus, transforming the moving averages from overhead resistance into a baseline of support. Conversely, a close below $1.2546 would invalidate the double-bottom structure and expose the $1.05 region as primary support. At present, XRP continues to protect its floor without challenging its ceiling.

Developments from Aviva and Standard Chartered illustrate the strategic direction of Ripple’s commercial growth: institutional fund shares and enterprise stablecoins, with XRP serving as the network’s underlying fee and reserve currency. This counts as significant positive news for the ledger itself.

As for near-term price action, market behavior will likely depend more heavily on the ETF investors who currently remain underwater.