🚨 *#USSpotXRPETFs See Largest Weekly Outflow In 8 Months*
US Spot XRP ETFs recorded *$19.13M* in net outflows for the week ending Nov 13 - the largest weekly exit in 8 months!
📌 Nov 9: $10.42M outflow - biggest daily since March
📌 Nov 10: $7.62M outflow
📌 XRP dropped below $1.00, down ∼20% in November
📌 Total ETF Assets: $1.15B (-14% WoW)
This outflow was part of a broader crypto ETF sell-off with $1.48B leaving the market.
Interestingly, XRP funding rates on Binance hit a 1-year high. Traders are still betting bullish despite the outflows.
Dip or Trap? What do you think? 👇
$XRP #XRPETF
#USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months
US Spot XRP ETFs recorded *$19.13M* in net outflows for the week ending Nov 13 - the largest weekly exit in 8 months!
📌 Nov 9: $10.42M outflow - biggest daily since March
📌 Nov 10: $7.62M outflow
📌 XRP dropped below $1.00, down ∼20% in November
📌 Total ETF Assets: $1.15B (-14% WoW)
This outflow was part of a broader crypto ETF sell-off with $1.48B leaving the market.
Interestingly, XRP funding rates on Binance hit a 1-year high. Traders are still betting bullish despite the outflows.
Dip or Trap? What do you think? 👇
$XRP #XRPETF
#USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months