XRP’s 13-week ETF inflow streak ends as Bitcoin and Ethereum withdrawals continue

US-listed XRP exchange-traded funds ended a 13-week inflow streak as investors withdrew nearly $576 million from four major cryptocurrency ETF categories.

Data from SoSoValue showed that XRP funds recorded $1.84 million in net outflows during the week ended Oct. 16, reversing the $11.31 million inflows registered a week earlier. The withdrawal ended the longest active weekly inflow streak among the four categories, removing the last source of positive flows as Bitcoin, Ethereum and Solana funds continued losing capital.

Bitcoin ETFs recorded $228.58 million in net withdrawals, while Ethereum products lost $319.97 million and Solana funds shed $25.52 million.

Together with XRP, the four categories saw $575.91 million in net outflows, bringing combined two-week withdrawals to about $1.81 billion.

Weekly net withdrawals across the four categories slowed from approximately $1.24 billion the previous week.

XRP funds had recorded positive flows in every week from the week ended July 17 through Oct. 9. Cumulative net inflows remained around $1.80 billion.

XRP ETF assets also fell to $1.47 billion from $1.57 billion a week earlier, reflecting both investor withdrawals and changes in the underlying token's market value.

Meanwhile, Ethereum has emerged as the largest source of weekly ETF withdrawals, accounting for approximately 56% of the four categories' combined net outflows.

Its $319.97 million loss was smaller than the previous week's $542.07 million withdrawal but extended its losing streak to three consecutive weeks. Ethereum ETFs have now shed approximately $1 billion during that period, reducing cumulative net inflows to $12.94 billion.

Net assets in Ethereum ETFs fell to $14.95 billion from $15.71 billion a week earlier, reflecting both net withdrawals and changes in Ether's price.

Solana funds experienced a similar deterioration, recording their second consecutive negative week after a lengthy period of consistent accumulation ended earlier this month.

Their $25.52 million weekly withdrawal followed $24.81 million in redemptions the previous week, bringing their two-week losses to $50.33 million. Cumulative inflows declined to approximately $1.56 billion, while net assets fell to $1.62 billion.

Bitcoin ETF withdrawals moderated substantially, falling about 66% from the previous week's $681.10 million outflow.