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XRP ETFs End 13-Week Inflow Streak With $1.84 Million Weekly Outflow

Flows were flat early in the week, then turned negative on Oct. 15 and 16. XRP traded at $1.2893 on Oct. 17.

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A silver token rests beside a line of thirteen metal discs / TokenPost.ai
A silver token rests beside a line of thirteen metal discs / TokenPost.ai

U.S. spot XRP ETFs recorded about $1.84 million in net outflows over Oct. 12-16, ending 13 consecutive positive weeks as XRP traded near $1.30 at 1:04 p.m. ET (17:04 UTC) Oct. 17.

Daily results were mixed before the week ended lower. Flows were flat on Oct. 12 and 13, then the funds recorded a $740,400 net inflow on Oct. 14. They recorded net outflows of $104,500 on Oct. 15 and $2.47 million on Oct. 16.

Canary Capital’s XRPC fund accounted for all of the Oct. 16 withdrawal; other listed funds had no net flow that day.

The reversal followed $11.31 million in net inflows during the week ended Oct. 9, the funds’ 13th straight positive week. During that week, U.S. funds tracking Bitcoin (BTC), Ether (ETH) and Solana (SOL) posted combined outflows of $1.248 billion. XRP products’ cumulative net inflows were about $1.8 billion as of Oct. 16.

Weekly net flows combine amounts entering and leaving tracked funds. They do not identify which investors redeemed shares or why, and a single negative week does not establish a lasting change in demand.

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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