US spot XRP ETF saw a net outflow of $19.13 million last week, marking an 8-month high.
TechFlow reports that on Nov. 14, according to BeInCrypto, US spot XRP ETFs experienced a net outflow of $19.13 million through the week ending Nov. 13, marking the largest single-week outflow in eight months and the second consecutive week of net outflows.The breakdown shows net outflows of $10.42 million on Nov. 9, $7.62 million on Nov. 10, and $1.09 million on Nov. 13. The combined net asset value of these funds dropped 14% for the week to $1.15 billion; the report noted that the decrease in assets under management was primarily driven by a decline in XRP's price.
TechFlow reports that on Nov. 14, according to BeInCrypto, US spot XRP ETFs experienced a net outflow of $19.13 million through the week ending Nov. 13, marking the largest single-week outflow in eight months and the second consecutive week of net outflows.
The breakdown shows net outflows of $10.42 million on Nov. 9, $7.62 million on Nov. 10, and $1.09 million on Nov. 13. The combined net asset value of these funds dropped 14% for the week to $1.15 billion; the report noted that the decrease in assets under management was primarily driven by a decline in XRP's price.
