XRP spot ETFs saw $19.13 million in redemptions this week, their biggest weekly outflow in 8 months.
Let’s start with the numbers: For the week ending November 13, U.S. spot XRP ETFs had net outflows of $19.13 million, marking a second consecutive week of net outflows. Redemptions were concentrated early in the week: $10.42 million flowed out on November 9 alone, the biggest single-day outflow since early March, followed by another $7.62 million on the 10th. The funds’ total assets under management shrank 14% in a week, to just $1.15 billion.
At the same time, XRP fell below $1. It’s down nearly 20% so far in November and about 15% this week, and has fallen 73% from its July 17 peak of $3.65.
XRP isn’t the only one bleeding. In the week from November 4 to 10, crypto ETFs across the market saw a total of $1.48 billion in outflows, with Bitcoin ETFs alone losing $1.07 billion in a week. XRP’s $19.13 million is only a small fraction of that.
But one detail is worth noting: Since XRP ETFs launched last November, only three weeks—January 23, January 30, and March 13—have seen larger outflows than this week. That puts the intensity of this round of redemptions among the four worst on record. The historical data doesn’t look great either: In 7 of the 13 years from 2013 to 2025, XRP closed November lower.
My take: Now that XRP has lost the psychological $1 level, ETF money is fleeing even faster than retail investors. There’s no need to rush in for the short term—wait for fund flows to stabilize first. $XRP
$BTC
Let’s start with the numbers: For the week ending November 13, U.S. spot XRP ETFs had net outflows of $19.13 million, marking a second consecutive week of net outflows. Redemptions were concentrated early in the week: $10.42 million flowed out on November 9 alone, the biggest single-day outflow since early March, followed by another $7.62 million on the 10th. The funds’ total assets under management shrank 14% in a week, to just $1.15 billion.
At the same time, XRP fell below $1. It’s down nearly 20% so far in November and about 15% this week, and has fallen 73% from its July 17 peak of $3.65.
XRP isn’t the only one bleeding. In the week from November 4 to 10, crypto ETFs across the market saw a total of $1.48 billion in outflows, with Bitcoin ETFs alone losing $1.07 billion in a week. XRP’s $19.13 million is only a small fraction of that.
But one detail is worth noting: Since XRP ETFs launched last November, only three weeks—January 23, January 30, and March 13—have seen larger outflows than this week. That puts the intensity of this round of redemptions among the four worst on record. The historical data doesn’t look great either: In 7 of the 13 years from 2013 to 2025, XRP closed November lower.
My take: Now that XRP has lost the psychological $1 level, ETF money is fleeing even faster than retail investors. There’s no need to rush in for the short term—wait for fund flows to stabilize first. $XRP
$BTC