What Happened to the XRP ETFs Last Week as Ripple’s Price Tumbled to $1.70?
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Spot XRP ETFs attracted over $1 billion in initial trading and maintained positive performance until January 7, when they experienced three days of net outflows. Notably, one day had significant violent outflows affecting overall performance.
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The spot XRP ETFs had a spectacular initial couple of months, in which they attracted over $1 billion and were almost entirely in the green every trading day.
Although this streak was broken on January 7, the funds have seen all in all three trading days with more net outflows than inflows. However, one of those days was last week, and it was quite violent.
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