XRP Spot ETFs don record $4.09M weekly net outflow as TOXR and XRPZ dey lead movements
According to SoSoValue, XRP spot ETFs record combine net outflow of $4.0855 million for US trading week of March 2–6. Di biggest weekly outflow na na pull na from 21Shares TOXR na $10.6014 million, weh leave TOXR with historical net outflow of about $10.53 million. Franklin Templeton XRPZ get weekly outflow of $3.8729 million but e still carry cumulative net inflows near $329 million. On the other side, Bitwise XRP ETF get di biggest weekly inflow of $7.1215 million, bringing im historical net inflows to about $377 million. Total net asset value (NAV) across all US XRP spot ETFs na $983 million, about 1.18% of XRP market cap. Cumulative historical net inflows into XRP spot ETFs still about $1.24 billion. Separate intraday data show March 6 daily outflows of $16.62 million — led by 21Shares ($10.60M), Bitwise ($3.65M) and Grayscale ($2.37M) — wey cause short-term price pressure (around 2–3% intraday drop in XRP). These figures na market data, no be investment advice.
Neutral
Di witik wekli net outflows of $4.09M dey modest compared to di cumulative ETF inflows (~$1.24B) and di total XRP market cap; NAV across U.S. XRP spot ETFs na $983M (≈1.18% of XRP market cap). Di biggest individual moves (TOXR’s $10.6M wekli outflow and di $16.62M single-day outflow on March 6) cause short-term selling pressure and about ~2–3% intraday drop for XRP, wey show say na local liquidity and sentiment dem affect. But weekly inflows to Bitwise and big historical net inflows into oda funds show say di broader demand base still dey intact. For traders, expect more short-term volatility around big fund flows and headline outflows — fit cause brief bearish pressure on XRP price — but these wekli figures alone no dey give clear long-term direction. Watch ETF flow trends, NAV changes, and on-chain volume to know if di outflows na temporary rebalancing or di start of sustained withdrawals.