XRP ETF Outflows Hit an 8-Month High. December Rarely Brings Relief
AI summary
US spot XRP ETFs recorded $19.13 million in weekly outflows for the week ending November 13, their largest in 8 months and a second straight week of redemptions. The withdrawals coincided with XRP falling below $1.00 and a 20% loss so far in November, per CryptoRank data. Traders will watch whether December seasonality offers relief or extends the ETF bleed and price weakness.
