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XRP’s 13-week ETF inflow streak ends as Bitcoin and Ethereum withdrawals continue

CryptoSlate
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XRP’s 13-week ETF inflow streak ends as Bitcoin and Ethereum withdrawals continue

US-listed XRP exchange-traded funds ended a 13-week inflow streak as investors withdrew nearly $576 million from four major cryptocurrency ETF categories. Data from SoSoValue showed that XRP funds recorded $1.84 million in net outflows during the week ended Oct. 16, reversing the $11.31 million inflows registered a week earlier. The withdrawal ended the longest active… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  1. US-listed XRP exchange-traded funds ended a 13-week inflow streak as investors withdrew nearly $576 million from four major cryptocurrency ETF categories.
  2. Data from SoSoValue showed that XRP funds recorded $1.84 million in net outflows during the week ended Oct.
  3. 16, reversing the $11.31 million inflows registered a week earlier.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.