🚨 XRP ETFs SEE $19.13M IN WEEKLY OUTFLOWS — INVESTORS LOSING CONFIDENCE? 📉
U.S. spot XRP ETFs recorded $19.13 million in net outflows for the week ending November 13 — their largest weekly withdrawal in eight months.
📊 What You Need to Know:
🔴 ETFs have now seen two consecutive weeks of outflows.
🔴 XRP dropped below the important $1.00 level.
🔴 Total ETF assets fell to around $1.15 billion.
⚠️ However, falling ETF assets are not only due to withdrawals. The decline in XRP's price also reduced the value of assets held by these funds.
ETF outflows don't automatically mean institutions have abandoned XRP, but the trend is worth watching.
👀 Is this a sign of more downside for XRP, or could it create a buying opportunity?
$XRP - $INIT - $ZEC
#XRP #CryptoMarket #BinanceSquare #USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months
"What do you expect next for XRP"!?⚡
U.S. spot XRP ETFs recorded $19.13 million in net outflows for the week ending November 13 — their largest weekly withdrawal in eight months.
📊 What You Need to Know:
🔴 ETFs have now seen two consecutive weeks of outflows.
🔴 XRP dropped below the important $1.00 level.
🔴 Total ETF assets fell to around $1.15 billion.
⚠️ However, falling ETF assets are not only due to withdrawals. The decline in XRP's price also reduced the value of assets held by these funds.
ETF outflows don't automatically mean institutions have abandoned XRP, but the trend is worth watching.
👀 Is this a sign of more downside for XRP, or could it create a buying opportunity?
$XRP - $INIT - $ZEC
#XRP #CryptoMarket #BinanceSquare #USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months
"What do you expect next for XRP"!?⚡
🟢 Yes, XRP Will Recover 🚀
🔴 No, More Downside 📉
14 ч. осталось