US spot XRP ETFs post $3.28M daily net outflow
- —The $3.28M daily outflow came entirely from the Bitwise XRP ETF
- —Bitwise XRP ETF's cumulative inflows reached $677M
- —Total XRP ETF net assets stand at $1.658B, or 1.79% of XRP's market cap
- —Cumulative net inflows across XRP ETFs total $1.791B
Why it matters: The first daily outflow after a run of inflows may signal a pause in institutional demand for XRP.
Source: PANews