$18M Left XRP ETFs In 48 Hours. Here’s the Part Nobody Posted
XRP exchange-traded funds (ETFs) recorded $18 million in outflows over two consecutive trading sessions, raising questions about institutional demand for the cryptocurrency.
However, crypto influencer John Squire has pointed to longer-term fund data that presents a different picture of the recent withdrawals. Despite the latest outflows and nearly two weeks without reported inflows, XRP ETFs continue to hold substantial cumulative investments since their launch.
XRP ETFs Record $18 Million In Two Days
These figures represent a notable change in recent fund activity, particularly as investors monitor institutional participation in XRP. The absence of fresh inflows over several trading sessions has also raised questions about whether demand for the ETFs is weakening.
However, Squire emphasized that the two consecutive days of withdrawals should not determine how investors assess the broader fund performance. He encouraged his followers to consider the figures over a longer period rather than focus exclusively on the latest transactions.
XRP ETFs Maintain Positive 30-Day Net Flows
Squire noted that XRP ETFs still recorded approximately $1.3 million in net inflows over the previous 30 trading sessions. This figure indicates that the investment products attracted more capital than they lost during that period, despite the recent withdrawals.
He also highlighted the cumulative investment figures since the ETFs launched. According to his tweet, the funds still hold approximately $1.71 billion in cumulative inflows.
Squire further translated that amount into XRP holdings, estimating that the funds account for approximately 973 million XRP. He described this position as equivalent to 1.53% of the cryptocurrency’s total supply.
These figures formed the basis of his argument that two consecutive days of withdrawals have not erased the substantial capital that entered XRP ETFs since their introduction.
Community Members Question XRP ETF Demand
Longer-Term ETF Figures Remain In Focus
Squire concluded his tweet by asking whether the recent withdrawals represented investor panic or a relatively small movement compared with the cumulative investment position.
His figures place the latest $18 million in outflows against $1.71 billion in cumulative inflows and positive 30-session net flows. While continued withdrawals could affect investor confidence, the longer-term figures show that XRP ETFs retain a substantial amount of capital from their launch period.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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