XRP's $1.30 Retest Triggers First ETF Outflow in 13 Weeks

The severe market volatility that affected XRP's price movement last week has also extended to its ETF ecosystem as both retail and institutional investors appear to be taking caution. The broad XRP ETF market has posted its worst weekly performance in over three months, drawing attention from market analysts about how this could affect XRP's price potential. According to the latest data from SosoValue, XRP ETFs have recorded a net outflow of over $1.84 million over the last week. While this marks the first weekly outflow the funds have registered since July 7th, it has come at a time when the market is facing a downturn, raising concerns about whether investor demand for the XRP investment product is beginning to weaken.

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