XRP had a brutal week: U.S. spot ETFs saw $19.13 million in net outflows—their largest weekly outflow in eight months—and it was the second consecutive week of outflows. The money didn’t all leave in one day: $10.42 million flowed out on Nov. 9 alone, followed by another $7.62 million on the 10th. Fund assets shrank 14% in a week, leaving just $1.15 billion.
The price drop was even more direct. XRP fell below $1, hitting a low of $0.89 this morning—its lowest level since November 2024. It’s down about 20% so far this month. Compared with last July’s peak above $3.60, it has plunged roughly 75%, wiping out nearly all of that rally.
XRP wasn’t the only one bleeding. Crypto ETFs saw $1.48 billion in outflows last week (Nov. 4–10). Put simply, ETFs are a magnifying glass: they help lift you up when prices rise, but when prices fall, they’re quicker to run than anyone.
While money is still flowing out, don’t rush to catch a falling knife. Wait for the outflows to stop before deciding whether it’s cheap.
#USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months
$XRP
The price drop was even more direct. XRP fell below $1, hitting a low of $0.89 this morning—its lowest level since November 2024. It’s down about 20% so far this month. Compared with last July’s peak above $3.60, it has plunged roughly 75%, wiping out nearly all of that rally.
XRP wasn’t the only one bleeding. Crypto ETFs saw $1.48 billion in outflows last week (Nov. 4–10). Put simply, ETFs are a magnifying glass: they help lift you up when prices rise, but when prices fall, they’re quicker to run than anyone.
While money is still flowing out, don’t rush to catch a falling knife. Wait for the outflows to stop before deciding whether it’s cheap.
#USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months
$XRP
