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XRP spot ETFs post $6.42M outflow amid BTC/ETH rotation

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XRP spot ETFs post 6.42M outflow amid BTCETH rotation

Key Takeaways:

  • $6.42 million net outflow from XRP spot ETFs officially confirmed.
  • Single-day net outflow indicates withdrawals from XRP spot exchange-traded funds.
  • Odaily reported the confirmed outflow, reflecting $6.42M moving out of ETFs.
XRP ETF outflows: Analysis of issuer flows and BTC/ETH rotation

XRP spot exchange-traded funds recorded a net outflow of 4.69 million XRP, equivalent to $6.42 million, yesterday. The figure was reported by Odaily for February 12 (Eastern Time).

The move reflects a single-day net flow across spot products tracked by the source, not a cumulative trend. Such day-to-day shifts typically arise from creations/redemptions, portfolio rebalancing, and liquidity adjustments.

The reported total references a third-party ETF data dashboard that timestamps daily aggregates by Eastern Time. Because data providers may use different time-zone cutoffs and XRP-to-USD snapshot rates, flow tallies can differ across trackers.

Comparable dynamics have appeared across other crypto ETFs amid capital rotation from Bitcoin and Ethereum ETFs. As reported by MEXC, Solana spot ETF inflows reached about $2.7041 million in a single day, illustrating how rotations can reshape liquidity and volatility.

Recent coverage also highlights ongoing participation by institutions in XRP-linked vehicles. โ€œInstitutional interest in XRP stays strong,โ€ said TradingView.

At the time of this writing, XRP trades near $1.37, with sentiment described as Bearish and estimated volatility around 14.54%. These figures are contextual and subject to change.

Disclaimer: CoinLineup.com provides cryptocurrency and financial market information for educational and informational purposes only. The content on this site does not constitute financial, investment, or trading advice. Cryptocurrency and stock markets involve significant risk, and past performance is not indicative of future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.

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