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XRP Price Sinks to New Lows Amid $3.58 Million ETF Outflow

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XRP has lost momentum in recent days, causing its price to retest previous lows and trading as one of the worst-performing assets among the top 10 largest cryptocurrencies by market capitalization.

The negative trend has extended to the XRP ETF market, with data from SosoValue showing a total net outflow of $3.58 million during the last daily trading session.

This is unusual, as the broader XRP ETF market has been resilient even when other products continued to log steady withdrawals.

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