Spot $XRP ETFs just recorded their first negative week since July.
The suite lost a combined -$1.84 million in net outflows this past week, with only one day of positive activity. That ends a 13-week streak of positive flows. The last weekly outflow came in the week ending July 10, roughly $7.2 million at the time.
Flows were flat for most of the week, then turned negative on October 15 and 16.
Canary's XRPC accounted for the bulk of the latest day. Cumulative net inflows still sit near $1.80 billion, and total net assets are around $1.47 billion.
$1.84 million is a small number against the cumulative total. It does not reverse the longer run of inflows, and it does not, by itself, show a broad shift in investor positioning. The streak is broken. The size of the break is still modest. Watch whether next week returns to flat or positive, or whether the outflows continue.
#BTC Price Analysis# #Ripple #Altcoin Season# $BTC $XRP
The suite lost a combined -$1.84 million in net outflows this past week, with only one day of positive activity. That ends a 13-week streak of positive flows. The last weekly outflow came in the week ending July 10, roughly $7.2 million at the time.
Flows were flat for most of the week, then turned negative on October 15 and 16.
Canary's XRPC accounted for the bulk of the latest day. Cumulative net inflows still sit near $1.80 billion, and total net assets are around $1.47 billion.
$1.84 million is a small number against the cumulative total. It does not reverse the longer run of inflows, and it does not, by itself, show a broad shift in investor positioning. The streak is broken. The size of the break is still modest. Watch whether next week returns to flat or positive, or whether the outflows continue.
#BTC Price Analysis# #Ripple #Altcoin Season# $BTC $XRP