XRP ETFs Suffer Significant Net Outflows Amid XRP Price Decline

XRP-based exchange-traded funds (ETFs) in the US witnessed substantial net outflows last week, marking the first red week since late January.

This decline in demand coincided with XRP's failed attempt to break through the $1.45 level, causing the token to fall below a key support point. This development raises concerns about the short-term market outlook for crypto and its potential impact on liquidity and adoption trends.