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

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

Photo: NewsBTC

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.

Source: NewsBTC

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