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XRP ETF Activity Stalls With Week of Flat Flows and One Outflow

BSCN avatar BSCN
1 min read
XRP ETF Activity Stalls With Week of Flat Flows and One Outflow

US-listed spot XRP exchange-traded funds recorded no net inflows this week, posting three days of no activity and one day of outflows totaling roughly $530,000. The November 2 outflow came entirely from Canary Capital's XRPC fund. The decline follows a stronger period when these products brought in $4.325 million during the week ending October 30.

The six US spot XRP funds now hold approximately 1.18 billion XRP tokens, representing about 1.2 percent of the fixed 100 billion supply. Total net assets across all XRP ETFs stand at $1.425 billion. The slowdown in fund flows occurred as XRP's price dropped 7 percent over 24 hours.

Read the full story on BSC News: Spot XRP ETFs Post No Net Inflows This Week, Recording $530K Outflow

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