US Spot XRP ETFs Shed $19.13 Million in Largest Weekly Outflow Since March

Two Sessions Carried the Redemptions

US spot XRP ETFs recorded $19.13 million in net outflows in the week ending November 13, their largest weekly withdrawal in eight months and a second consecutive week of losses. The XRP ETF flows deepened just as the altcoin lost the $1.00 line, and month-to-date selling has cut about 20% from the XRP price since November began. These funds move through daily creations and redemptions: when holders redeem, coins leave the trust and the net figure turns negative, and this week the margin was wide enough to rank among the worst since the category opened. Two sessions carried most of the damage. The funds shed $10.42 million on November 9, the heaviest single-day exit since early March, and another $7.62 million left the next day. Activity stayed close to flat before a $1.09 million exit landed on Friday, November 13.

Only three weeks since the products launched in November 2025 have seen bigger withdrawals: the weeks ending January 23, January 30 and March 13. Issuers' daily disclosures show the pressure concentrated at the start of the week rather than spread evenly, which usually points to a handful of large redemptions instead of steady attrition.

The red week sat inside a wider retreat across crypto ETFs and funds , which shed $1.48 billion between November 4 and November 10. Total net assets in the XRP products fell 14% over the week to $1.15 billion, and redemptions account for roughly $19 million of that $191 million decrease; the price slide took the rest. Sponsors collect fees on net assets, so the weekly drop in the base cuts revenue alongside the redemptions themselves. For a product line barely a year old, the run is the sharpest test yet of demand for regulated XRP exposure.

Derivatives positioning shows the selling has not turned into a forced unwind, even at these levels. COINOTAG's composite support scoring puts the strongest defense at $0.9919, where the Bollinger lower band, the S1 pivot and the 1.000 Fibonacci level converge for a 96 out of 100 reading; the nearest resistance sits at $1.0526 and scores 84/100. Perpetual funding runs at -0.0031%, mildly negative but far from the extremes that mark cascades, and the crypto fear and greed index reads 13, deep in extreme fear. A daily close under $0.9919 would hand the tape to far weaker support, while reclaiming $1.0526 would be the first sign the eight-month outflow run is losing force.

Seven of Thirteen Novembers Closed Lower

XRP traded near $0.9934 on Saturday, about 3% lower over 24 hours and holding just under $1.00, with the weekly loss standing close to 15%. That leaves the token roughly 73% below its all-time high of $3.65, set on July 17, 2025. November's damage sits close to 20% so far; if the month closes near that figure, the 23.3% drop of November 2019 would stand as the worst on record. The seasonal record offers little comfort. XRP closed the month of November lower in 7 of the 13 years between 2013 and 2025, and December followed lower in 6 of those 7. 2015 supplies the single exception, a December that gained 43.8%. The latest precedent followed the usual path: a 13.8% November loss in 2025, then another 14.8% in December of that same year.

Chart structure backs the calendar. The $0.99 line is the lower edge of the falling channel that has framed November's decline; a decisive break opens support near $0.97, then the $0.93–$0.96 band, with extended selling mapped toward $0.80. Any rebound must first clear $1.09–$1.11, levels the XRP technical analysis tracks as they update.

ETF holders face that December calendar from a thin institutional base. The most recent 13F season showed Rakuten's 13F filing disclosing a $111,255 stake in Bitwise's XRP ETF, a fraction of the $1.79 billion that net creations have pulled into the funds since launch. Those holdings now carry a market value of $1.15 billion, so price rather than redemptions drove nearly all the damage. Two straight weeks of outflows, the largest in eight months, and a monthly loss near 20% are the tally the funds carry into a month that has repaired a losing November only once in seven tries, and nothing in the flow record yet shows that cycle turning.