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U.S. XRP Spot ETFs Record $3.6101 Million in Daily Net Outflows
U.S. spot XRP ETFs had combined net outflows of $3.6101 million on October 26, U.S. Eastern time. Only the Bitwise XRP ETF had outflows, while its cumulative historical net inflows were $680 million.
Published:
Updated:
What happened
U.S. spot XRP ETFs had combined net outflows of $3.6101 million on October 26, U.S. Eastern time. Only the Bitwise XRP ETF had outflows, while its cumulative historical net inflows were $680 million.
Confirmed
Global impact / market context
Money leaving a spot XRP ETF means investors sold more fund shares than they bought, shrinking the cash available to hold XRP. The outflow hit only the Bitwise fund, showing some investors reduced their XRP exposure through that product.
Analyst inference
The spot XRP ETFs held $1.469 billion in total net assets after the outflow, with cumulative historical net inflows of $1.801 billion. The XRP net asset ratio was 0.00%, which means the funds held essentially no XRP relative to their assets.
Analyst inference
What to watch
- Track whether future daily flows stay negative and whether the Bitwise XRP ETF continues to be the only fund with outflows. Confirmed
- Watch whether the funds' total net assets move away from $1.469 billion, which would show whether the outflows continue. Proposed
- Follow the 0.00% XRP net asset ratio, because a change would signal the funds are adjusting how much XRP they hold. Analyst inference
Affected assets
- XRP — XRP