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Altcoins & DeFi

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

Image: TokenPost

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.

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