Markets· ★★★· bearish·

XRP ETFs end 13-week inflow streak as on-chain payments volume drops 72%

  • —XRP ETFs saw $1.84 million in net outflows, ending 13 straight weeks of inflows
  • —Cumulative net inflows remain near $1.8 billion as of mid-October
  • —Canary Capital's XRPC product accounted for most of the outflow
  • —XRP Ledger payment volume dropped to 119.5 million XRP versus a 30-day average of 629.3 million
Why it matters: Weakening institutional demand and network activity could keep XRP under pressure near the $1.30 support level.
#XRP
Source: BeInCrypto FR
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