XRP ETF Outflows Hit $16.6M as XRP Price Holds $1.36
The post XRP ETF Outflows Hit $16.6M as XRP Price Holds $1.36 appeared on BitcoinEthereumNews.com.
Key Insights: The XRP ETF outflows were at their highest since the end of January at $16.62M on March 6. XRP price traded near $1.36 within a descending channel while derivatives activity declines. XRP whales added nearly $200M, keeping breakout hopes alive. XRP ETF outflows turned sharply negative at the end of the first trading week of March, cutting short what had started as a solid run for US spot XRP funds. After three days of inflows, the products flipped to net withdrawals on Thursday and Friday, with March 6 marking the worst session. At the same time, XRP price failed to hold its midweek recovery above $1.45 and slipped back near $1.36. That combination left traders watching both institutional demand and chart support more closely as momentum across the broader crypto market cooled. XRP ETF Outflows Reverse Early Weekly Gains The week opened with a better tone for XRP-linked exchange-traded funds. SoSoValue data showed net inflows of $7 million on Monday, $7.53 million on Tuesday, and another $4.19 million on Wednesday. Those numbers suggested demand had returned after a quieter stretch in late February. The trend changed quickly. Net outflows reached $6.15 million on Thursday, then widened to $16.62 million on Friday. That made March 6 the heaviest one-day withdrawal since January 29, when XRP funds posted a much larger $92.92 million loss. Across the full week, XRP ETF outflows left the category down by $4.09 million. Total cumulative inflows slipped to $1.24 billion from the midweek peak of $1.26 billion. Among issuers, Canary Capital XRPC still leads the segment with $266.11 million, though Bitwise XRP is now close behind at $265.42 million. XRP ETF Outflows Add Pressure on XRP Price Action The renewed selling in funds came as the XRP price lost upside momentum. The token had climbed…
Filed under: News - @ March 7, 2026 11:01 pm