Markets· ★★★· bearish·

XRP ETF Investors Now $133M Under Water as Fund Assets Slip to $1.66B

  • —The full $3.28 million outflow on Oct. 2 came from the Bitwise XRP ETF
  • —XRP ETF net assets fell to $1.658 billion versus $1.791 billion in lifetime inflows
  • —XRP dropped to $1.44 as bitcoin slid from $87,220 to about $84,500
  • —Cumulative inflows: Bitwise $677 million, Franklin Templeton $505 million, Canary $490 million
Why it matters: The funds are now underwater versus capital invested, and Solana ETFs have overtaken XRP products in assets — a gap that inflows alone cannot close if XRP keeps drifting.
Source: Bitcoin.com