XRP ETFs End 3-Week Green Run as Weekly Flows Turn Negative
BeInCrypto
XRP ETFs saw a net outflow last week, ending a three-week streak of gains while liquidity on Binance hit a five-year low.Summary
XRP spot ETFs experienced their first net outflow after three consecutive weeks of growth, with $35,210 exiting the funds for the week ending May 1. This decline follows a significant period of institutional interest that had seen over $82 million in inflows previously. Simultaneously, XRP liquidity on the Binance exchange has dropped to its weakest point since 2020, suggesting potential market fragility and reduced institutional trading activity.
(Source：BeInCrypto)