CoinScoopXRP ETFs see first net outflow, but broader demand remains resilient
US spot XRP exchange-traded products recorded a $5.15 million outflow on Sept. 17, breaking a $192 million monthly inflow streak. The reversal, primarily driven by redemptions in Canary Capital's XRPC and 21Shares' TOXR, is currently viewed as a minor reset within a positive trend. Despite the single-session decline, the broader flow pattern remains positive, with funds maintaining a net inflow of approximately $10 million for the rolling week through Sept. 17.
Summaries are written by AI from the original article. Not investment advice.