XRP spot ETFs took in $4.74 million last week. Technically still positive, extending a 12-week green streak.
Here's what that framing skips past though.
The week before this one, XRP ETFs pulled in $75.59 million. That's a 94% drop week over week. Not a modest cooling. A near-total collapse in demand.
I think the "still green" framing is doing a lot of quiet work here, tbh.
Most of that $4.74 million actually came in on a single day, Thursday, at $4.07 million. Friday then brought a $3.28 million outflow, the first red day since September 18, nearly wiping out the whole week's gain in one session.
Worth noting this isn't just an XRP story either.
Cointelegraph's own weekly roundup put the full picture side by side. Bitcoin ETFs took in $241.09 million. Solana ETFs added just $2.43 million, down from $188 million the week before, also a 94%+ collapse. Ethereum ETFs posted a $138.02 million outflow outright. Out of four major categories, only Bitcoin actually had a strong week. XRP, Solana, and Ethereum all weakened at the same time.
That's a broader pattern, not a coincidence tied to one token.
There's a specific cause behind at least part of XRP's slowdown too.
A validator vote on the XRP Ledger failed to pass, delaying a planned network upgrade. That's a real, dateable reason sentiment softened right when it did, not just generic market fatigue.
Not dismissing the streak, honestly. Twelve consecutive green weeks is still a real, positive run.
Just noting, "$4.74 million inflow" read on its own tells you almost nothing about demand falling off a cliff the moment you compare it to the week before, or about the fact that XRP wasn't even the weakest performer that week.
