HomeCryptocurrency$18M Left XRP ETFs In 48 Hours. Here's the Part Nobody Posted

$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

In a tweet, John Squire reported that XRP ETFs experienced $10.4 million in outflows on Monday, followed by another $7.6 million on Tuesday. The withdrawals came after a week without any recorded inflows into the investment products.

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

The tweet also attracted critical responses from members of the XRP community. Scott Reid questioned the cryptocurrency’s investment outlook and described the situation as the end of the XRP trade. He also referenced Evernorth’s reported difficulties, the absence of ETF inflows for almost two weeks, and what he called an exposure of XRP as a scam.

Another commenter, Greg Coley, expressed a similarly pessimistic outlook. He suggested that investors should wait another two weeks to see whether the remaining ETF investments would eventually leave the funds.

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: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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