XRP ETFs Snap 13-Week Winning Streak with $1.84 Million Outflow
After more than three months of consistent growth, US-listed spot XRP exchange-traded funds have finally hit a speed bump. A net weekly outflow of $1.84 million during the October 12–16 trading week has officially brought a 13-week streak of positive inflows to a halt, marking the first major reversal in institutional demand since July.
The Breakdown of a Weekly Reversal
The shift in momentum was not a sudden exodus but a gradual cooling of investor appetite. The week began quietly, with flows remaining flat on Monday and Tuesday, followed by a promising gain of approximately $740,000 on Wednesday. However, the tide turned on Thursday with a minor withdrawal of $104,500. The definitive blow came on Friday, when a $2.47 million outflow—primarily attributed to Canary Capital’s XRPC product—pushed the weekly total into negative territory for the first time in months.
Market Context and Long-Term Stability
Despite the end of the winning streak, the scale of the withdrawals remains small when viewed against the broader financial landscape. Since July, XRP-based products have attracted roughly $1.8 billion in cumulative net inflows. The $1.84 million dip represents a minor adjustment in positioning rather than a collapse in confidence. During this period, XRP maintained a steady trading range around the $1.30 mark, suggesting that while the immediate rush for the exit was fueled by specific fund movements, the underlying sentiment for the asset remains relatively resilient.
A Pause in Demand, Not a Collapse
Market analysts view this development as a natural pause in a prolonged period of high demand. While a single week of outflows generates headlines due to the broken streak, experts argue that it would take several consecutive weeks of negative territory to signal a fundamental shift in investor sentiment. For now, the data points toward routine portfolio rebalancing or a temporary wait-and-see approach from institutional players rather than a long-term retreat from XRP investment products.
