XRP ETPs Experience Brief Outflow Amid Strong Inflow Month

XRP exchange-traded products (ETPs) saw a significant outflow of $5.15 million on September 17, which interrupted an inflow month that had reached $192 million.

This reversal is being seen as the first clean test of whether recent demand for XRP is cooling down.

The data showed that two funds, Maketo's and 21Shares', accounted for most of the outflow, with $4 million and $1 million in redemptions respectively.

However, despite this setback, the broader flow pattern still favors buyers, with a rolling week total of about $10 million positive.