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XRP ETFs See First Outflow in 13 Weeks as Price Hits $1.30

Author : AI Generated17 Oct 2026Read : 1U.TodayU.Today
AI Generated
17 Oct 2026Read : 1U.Today
XRP ETFs See First Outflow in 13 Weeks as Price Hits $1.30

A Long Winning Streak Comes to an End

For more than three months, institutional interest in XRP spot ETFs appeared unbreakable. Every single week brought fresh capital into these funds as investors sought exposure to the digital asset.

That streak has officially ended. According to recent data from tracking platform Soso Value, spot XRP ETFs posted over $1.84 million in net weekly outflows.

This marks the first negative weekly performance for XRP funds since July 7th. It breaks a continuous 13-week run of capital inflows, signaling a shift in market sentiment.

Understanding the $1.84 Million Fund Withdrawal

To understand why this matters, it helps to look at how crypto ETFs work. When investors buy ETF shares, fund managers purchase the underlying cryptocurrency to back those shares.

When investors sell their ETF shares, fund managers must sell off the physical asset. That creates direct selling pressure on the open market.

The $1.84 million exit is relatively small compared to total assets under management. However, the timing points toward growing caution among both retail traders and institutional players.

XRP Price Action: Retesting Key Support at $1.30

While funds saw net redemptions, XRP's market price felt the heat. The token recently slid back to retest the critical $1.30 support level after brief signs of recovery.

Retesting a price floor means traders are trying to see if buyers will step in. If buyers defend $1.30, price stability may return. If selling pressure increases, the price could experience further downward adjustments.

It is worth remembering that past returns of digital assets or past performance do not guarantee future returns or performance. Readers can review live market data directly on the Bitkub XRP Market.

Retail Search Interest Drops Significantly

The weakness in ETF flows mirrors a broader decline in public retail curiosity. Data from Google Trends reveals that global search queries for XRP have dropped nearly 90% over a 12-month scale.

High search volume often accompanies sudden price spikes and heavy retail trading. A drop in searches typically suggests that mainstream interest has cooled off temporarily.

Wider Industry Highlights Affecting XRP

Despite short-term ETF redemptions, several developments across the wider ecosystem keep XRP in the news spotlight:

  • Binance Founder Statement: Changpeng Zhao (CZ) voiced public support for major tokens like XRP, ZEC, and SOLSOL-0.60% during conversations regarding regional crypto adoption.
  • Security Warnings: RippleXRP-1.39% CTO Emeritus David Schwartz raised awareness about sophisticated scam tactics targeting user recovery phrases.
  • Broader Market Shifts: Surrounding crypto assets continue to experience sharp volatility, influencing general investor sentiment across the board.

What Lies Ahead for Investors?

Market analysts are keeping a close watch on fund flows over the coming weeks to determine if this single negative week is an isolated event or the start of a longer cooling trend.

If overall macroeconomic conditions settle and institutional demand returns, ETF inflows could resume. Conversely, if high market volatility persists, XRP could remain under short-term pressure.

As always, market conditions can shift quickly. Traders should evaluate risk carefully and stay informed on both fund movements and broader crypto trends.

Source:U.TodayU.Today
This content was generated by an Artificial Intelligence (AI) using third party data and does not an analysis or recommendation for the purchase or sale of digital assets, nor the promotion of digital asset investment. No warranty is made regarding the accuracy, adequacy, or reliability of the information provided.
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