the US spot XRP exchange-traded fund (ETF) experienced its first net outflow of funds since its launch, with approximately $40.8 million flowing out on Wednesday, ending several consecutive weeks of inflows. On Wednesday, the spot Bitcoin ETF recorded a $486 million outflow, marking the largest single-day net outflow since November. The spot Ethereum ETF also saw an outflow, with a net outflow of $98 million. Despite experiencing its first outflow, the XRP ETF remains one of the strongest performing cryptocurrency exchange-traded products (ETPs), with its total net assets still hovering above $1.5 billion.
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XRP ETF saw its first outflow of $40.8 million yesterday.
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