XRP’s 13-week ETF inflow streak ends as Bitcoin and Ethereum withdrawals continue
US-listed XRP exchange-traded funds ended a 13-week inflow streak as investors withdrew nearly $576 million from four major cryptocurrency ETF categories. Data from SoSoValue showed that XRP funds recorded $1.84 million in net outflows during the week ended Oct. 16, reversing the $11.31 million inflows registered a week earlier. The withdrawal ended the longest active… Read the full story on…
US-listed XRP ETFs snapped a 13-week inflow streak, posting $1.84 million in net outflows for the week ended Oct. 16 versus $11.31 million of inflows the prior week. The reversal came as investors pulled nearly $576 million from four major crypto ETF categories, with Bitcoin and Ethereum funds also seeing continued withdrawals. The broad-based ETF outflows signal cooling institutional demand and could weigh on near-term price momentum across major tokens.
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