XRP Spot ETFs See Outflows on 16 and 26 October
US XRP spot ETFs recorded net outflows on both 16 and 26 October. On 16 October, funds saw a $2.4734 million outflow, entirely from Canary XRP ETF. By 26 October, the daily outflow had reached $3.61 million, all from Bitwise XRP ETF. Despite the later outflow being larger, the latest figures show XRP spot ETFs still held $1.469 billion in net assets and had cumulative net inflows of $1.801 billion. The two withdrawals point to modest, fund-specific pullbacks rather than a broad reversal in ETF demand; traders may monitor subsequent flows for signs of a sustained change.
Neutral
The outflows may create a modest short-term headwind for XRP sentiment, as traders can interpret ETF withdrawals as weaker marginal demand. However, the amounts are small relative to the funds’ $1.469 billion in net assets, and cumulative inflows remain substantial at $1.801 billion. The outflows also came from different individual funds on the two dates, rather than indicating a persistent withdrawal across the entire ETF group. Unless further data show accelerating or widespread redemptions, the figures alone are unlikely to materially alter XRP’s price trend or longer-term market stability. Traders may watch upcoming ETF flow reports alongside broader market conditions.