XRP ETFs End 13-Week Inflow Run With $1.84 Million | Crypto News
TL;DR: US spot XRP ETFs recorded a $1.84 million web weekly outflow, ending 13 consecutive constructive weeks. The reversal was small relative to the roughly $1.8 billion the merchandise have attracted over time.
Thirteen straight weeks of constructive flows into XRP exchange-traded funds have come to an end. US-listed spot XRP merchandise completed the October 12–16 trading week with roughly $1.84 million in web withdrawals, interrupting a run that started in July.
It wasn’t a dramatic rush for the exits. The funds had been flat on Monday and Tuesday, gained about $740,400 on Wednesday and then moved into unfavorable territory. Thursday introduced a comparatively 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 coincided with XRP trading around the $1.30 space, a degree that has attracted consideration amid broader crypto market volatility. But the circulate report can not inform us whether or not shareholders bought because of price motion, portfolio rebalancing or a fully different consideration.
The bigger context is also important. Net cumulative inflows into these merchandise stood around $1.8 billion by October 16. Against that base, a $1.84 million weekly reversal is a comparatively small change in positioning.
What makes the development newsworthy is the end of the streak, slightly than the size of the withdrawal. A second or third unfavorable week would make it simpler to argue that sentiment has modified. For now, the numbers describe a pause in demand, not a collapse in it.
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