#XRPMarketAnalysis
First Net Outflow in ABD Spot XRP ETFs: 36-Day Inflow Series Ends
US-listed spot XRP exchange-traded funds (ETFs) (ETF) recorded a net outflow for the first time since launch this week. The end of a 36-day continuous inflow raises questions about timing rather than long-term demand.
Almost All Outflows Came from a Single ETF
Nearly all of the withdrawal was from a single product. The XRP ETF with the ticker TOXR issued by 21Shares saw a $47.25 million outflow in one day. This amount corresponds to approximately 21.66 million XRP.
With this development, TOXR’s cumulative fund
View Original