XRP ETFs End 13-Week Inflow Run With $1.84 Million In Withdrawals

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. TL;DR: US spot XRP ETFs recorded a $1.84 million net weekly outflow, ending 13 consecutive positive weeks. The reversal was small relative to the roughly $1.8 billion the products have attracted over time. Thirteen straight weeks of positive flows into XRP exchange-traded funds have come to an end. US-listed spot XRP products finished the October 12–16 trading week with approximately $1.84 million in net withdrawals, interrupting a run that began in July. It wasn’t a dramatic rush for the exits. The funds were flat on Monday and Tuesday, gained about $740,400 on Wednesday and then moved into negative territory. Thursday brought a relatively small $104,500 withdrawal. Friday’s $2.47 million outflow, attributed to Canary Capital’s XRPC product, pushed the weekly tally below zero. The timing coincide...