XRP News: Ripple Coin Records $37.2M Outflow Ending 80-Week Streak
The post XRP News: Ripple Coin Records $37.2M Outflow Ending 80-Week Streak appeared on BitcoinEthereumNews.com.
Key Insights: In the latest XRP news, Ripple’s coin saw its first outflow in 80 weeks, signaling a shift in sentiment. The broader crypto market saw $3.3 billion inflows, led by Bitcoin and Ethereum products. XRP’s outflow marks a rare negative trend amid overall crypto market growth. In the latest XRP news, CoinShares’ latest weekly report (Vol. 235, May 26, 2025) shows that XRP investment funds saw $37.2 million in outflows for the week ending May 24, 2025. This marked the end of an 80-week consecutive inflow streak for Ripple’s coin, a streak that CoinShares noted was “the largest on record”. In other words, investors pulled more money out of XRP funds last week than at any time in history, breaking nearly two years of steady inflows into the token. Bitcoin and Ethereum Lead $3.3 Billion Inflows Despite the negative XRP news, the broader crypto market experienced substantial inflows last week. CoinShares reports that $3.3 billion flowed into digital asset investment products during the week ending May 24. This extended a rally of inflows, pushing year-to-date crypto fund inflows to about $10.8 billion (a record) and lifting total assets under management to an all-time high. In short, crypto investment products continued to attract money, even as Ripple’s native crypto briefly bucked the trend. Unsurprisingly, Bitcoin and Ethereum drove most of last week’s inflows. CoinShares data show Bitcoin products led with $2.9 billion in net new inflows, making up roughly a quarter of all fund inflows so far this year. Ethereum funds also recorded positive inflows, drawing about $326 million last week. Short-Bitcoin products, by comparison, saw only $12.7 million. In contrast, XRP news highlighted that it was the only major token to register a major net outflow. Flow by Asset| Source: Coinshares Regional investor flows were uneven. The United States…
Filed under: News - @ May 26, 2025 12:26 pm