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XRP ETFs End 13-Week Inflow Streak as On-Chain Payments Flash a Warning

BeInCrypto
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XRP ETFs End 13-Week Inflow Streak as On-Chain Payments Flash a Warning

U.S. spot XRP exchange-traded funds posted their first weekly outflow in three months, ending a 13-week inflow streak. The shift came in the October 12–16 week, per SoSoValue. The reversal was small, but a sharp drop in on-chain activity has added to the caution around the token. A Modest Reversal in XRP ETF Demand A The post XRP ETFs End 13-Week Inflow Streak as On-Chain Payments Flash a Warning appeared first on BeInCrypto.

Key Takeaways

  1. spot XRP exchange-traded funds posted their first weekly outflow in three months, ending a 13-week inflow streak.
  2. The shift came in the October 12–16 week, per SoSoValue.
  3. The reversal was small, but a sharp drop in on-chain activity has added to the caution around the token.
Read Full Article on BeInCrypto

Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.