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Altcoins & DeFi

XRP’s 13-week ETF inflow streak ends as Bitcoin and Ethereum withdrawals continue

Image: CryptoSlate

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.

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