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XRP Spot ETFs Record $2.4734 Million Net Outflow on Oct. 16

Canary XRP ETF had the only fund outflow, while cumulative net inflows across XRP spot ETFs stood at $1.8 billion.

By Enna Lee
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A silver token sits beside a glass tray holding several others / TokenPost.ai
A silver token sits beside a glass tray holding several others / TokenPost.ai

U.S. XRP spot ETFs posted $2.4734 million in net outflows on Oct. 16, with Canary XRP ETF accounting for the full daily withdrawal.

Canary XRP ETF (XRPC) was the only fund to record an outflow. Its historical net inflows stood at $484 million. Across all XRP spot ETFs, cumulative net inflows reached $1.8 billion.

The products had $1.471 billion in net assets, and their XRP net-asset ratio was 1.79%. The daily outflow was concentrated in one fund, while the cumulative inflow figures cover the broader group of products.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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