XRP Spot ETFs Miss Rebound as $7.18M Leaves Market

XRP spot ETFs saw a net outflow of $7.18 million from July 6 to 10, ending an inflow trend that had continued for about two months.

The withdrawals were concentrated in the Bitwise XRP spot ETF alone, with $7.29 million leaving the fund, mostly on July 8.

Others, such as Canary, Franklin and Grayscale's XRP-related funds, recorded no weekly net flow, while 21Shares' TOXR fund saw a small inflow of $107,400.

The broader cryptocurrency ETF market rebounded in the same period, with Bitcoin spot ETFs drawing in $197 million and ether spot ETFs posting a net inflow of $84.42 million.