XRP ETF Experiences Significant Outflow as Investor Sentiment Shifts

Franklin's XRP ETF has experienced a substantial outflow, with investors withdrawing $6.15 million from the fund on March 6, 2026. This withdrawal accounted for approximately 2.63% of the ETF's total assets under management, trimming its capital base to $233.67 million.

The related asset, XRP-USD, has been experiencing a difficult period, with a decline of 34.07% over the past three months. As a result, short-term momentum remains fragile, and the 1-day technical signal is flashing Sell, which may have contributed to the latest bout of investor caution.

Despite the significant outflow, the ETF still maintains a substantial asset base, indicating that many investors are opting to ride out the volatility rather than abandon the theme entirely. This development underscores the rapidly shifting sentiment in crypto-tied products.