Spot XRP ETFs see $5.15M net outflow in a day
- —Net outflow from XRP ETFs on September 17 was $5.15 million
- —21Shares XRP ETF (TOXR): $3.78 million outflow, total -$21.15 million
- —Canary XRP ETF (XRPC): $1.37 million outflow, total +$489 million
- —Total XRP ETF assets are $1.394 billion, or 1.71% of market cap
Why it matters: Continued outflows from XRP ETFs signal weak institutional demand for the asset as XRP falls below $1.30.
Source: PANews