by Coinstrooper Crypto Articles
Quick Take
  • 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 net outflow occurs when investors withdraw more money from a fund than they add over a given period.

What Happened

A net outflow occurs when investors withdraw more money from a fund than they add over a given period. According to SoSoValue, the XRP ETFs recorded about $1.84 million in net withdrawals.

Market Context

Friday’s larger redemption of roughly $2.47 million tipped the weekly total into the red. Much of it was attributed to Canary Capital’s XRPC product. Without that redemption, the week would have closed with a net inflow of roughly $630,000.

Still, the timing is sensitive. According to BeInCrypto data, XRP trades near $1.28, down 1.60% over the last 24 hours. It has also moved about 6.3% over the past month. Price is testing support near $1.30 after failing to hold above key moving averages.

At the same time, XRP Ledger payment volume fell to 119.5 million XRP on October 17, according to XRPSCAN. That marks a 72.3% single-day drop and sits well below the 30-day average of 629.3 million XRP.

The network’s all-time high stands near 7 billion XRP, according to XRPSCAN data. Payment volume has historically shown high volatility, with frequent short-lived spikes followed by sharp pullbacks.

For now, the first ETF outflow in 13 weeks and a sharp drop in payment volume point to cooling demand. Both institutional and network-level activity have softened, at least for the moment.

Why It Matters

Analysts note that a single weak day does not necessarily signal a structural decline in network usage. However, if payment activity stays suppressed and ETF flows remain negative or muted, the short-term outlook could weaken.

Details

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

That is a modest figure for products of this size. The outflow followed 13 consecutive weeks of inflows, which made the reversal stand out.

Cumulative net inflows still stood near $1.8 billion as of mid-October, according to SoSoValue data. Early in the week, the funds were largely flat. They then took in about $740,000 on Wednesday before slipping into negative territory.

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Is Weaker On-Chain Activity a Warning Sign?

The drop happened in one session, which underscores how quickly activity can change.

Watching whether activity recovers over the next few sessions will matter more than any single reading.

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The post XRP ETFs End 13-Week Inflow Streak as On-Chain Payments Flash a Warning appeared first on BeInCrypto.