XRP’s 13-week ETF inflow streak ends as Bitcoin and Ethereum withdrawals continue
BTC when published $82,679Now $80,595 ▼ −2.52% since it was published
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 weekly inflow streak among the four categories, removing the last source of positive flows as Bitcoin, Ethereum and Solana funds continued losing capital. Bitcoin ETFs recorded $228.58 million in net withdrawals, while Ethereum products lost $319.97 million and Solana funds shed $25.52 million. Together with XRP, the four categories saw $575.91 million in net outflows, bringing combined two-week withdrawals to about $1.81 billion.
First reported by CryptoSlate. This page is a short excerpt; the full text is theirs.
