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XRP ETFs Post First Weekly Outflow in 13 Weeks With $1.84 Million Withdrawn

Spot XRP ETFs posted their first weekly net outflow since July 7, with $1.84 million withdrawn as XRP retested $1.30 after a volatile week of trading.

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October 17, 2026, 03:43 PM UTC4 min read
AI SummaryAI
  • XRP ETFs recorded a net outflow above $1.84 million in the week to October 17
  • The withdrawal is the first negative weekly reading since July 7
  • The outflow ended 13 consecutive weeks of net inflows into the funds
  • XRP traded near $1.2962, down 1.47% over 24 hours
mexc.com

First Weekly Outflow Since July 7

The spot XRP ETF complex has booked its first weekly net outflow in 13 weeks, with more than $1.84 million leaving the funds over the seven days through October 17. Data from the SosoValue tracking dashboard puts the net withdrawal at just over $1.84 million, the first negative reading since July 7 and the worst weekly result for the products in more than three months. The reversal arrives after a stretch of 13 consecutive weeks in which the funds took in capital every week, a run that had made them one of the steadier altcoin ETF stories since they launched. Unlike futures-based wrappers, these funds hold XRP directly through spot trading structures, so a net outflow turns into selling pressure on the token itself rather than on a derivative position. A weekly figure flips negative when redemptions exceed new creations, which means the products as a group shrank during the week instead of growing. For a wrapper built to give traditional finance investors regulated exposure to the token, the swing from steady accumulation to net withdrawal is the most direct read available on institutional demand. The week that broke the streak was a volatile one for the underlying asset. Severe swings in the broader market pressured the XRP price across several sessions, and the token trades just under $1.30 at press time, down 1.47% over the past 24 hours. Retail and institutional participants appear to have moved to the sidelines in response, carrying their caution from the market into the funds themselves. Our XRP coverage has tracked the flows week by week, and this is the first time the ledger has turned red since mid-summer. The open question into the weekend is whether one red week marks a pause in accumulation or the start of a longer pullback.

Our composite support and resistance scoring shows how little room the chart gives buyers here. The Fibonacci retracement grid, the 200-week moving average and the lower Keltner band converge at $1.2712, a floor the model grades 100 out of 100. Overhead, $1.3266 carries a 93 out of 100 grade from the 100-day EMA, the pivot point and the VWAP. Spot printed $1.2962 on the latest reading, leaving the $1.30 line above the market rather than beneath it. Momentum leans the same way: the relative strength index read 35.30 and the MACD signal is bearish, with the trend graded a downtrend. Positioning is one-sided as well, with funding at -0.0005% on the perpetual and long accounts outnumbering shorts 2.99 to 1. Our XRP technical analysis page refreshes the levels with each session.

What the 13-Week Streak Built

Context makes the break easier to weigh. From July 7 onward the funds drew capital in 13 consecutive weekly readings, and not one of those weeks closed in the red. Analysts who followed the complex had treated the streak as evidence that demand for regulated XRP exposure was durable enough to survive a choppy tape, which is why this first negative print is drawing attention beyond what its size alone would earn. Around $1.84 million left the products, a rounding error by the standards of weekly crypto fund flows, but the direction of the figure is what traders are pricing. The timing matters too, because the withdrawal landed in the same week the market was struggling to hold higher ground. The price side reinforces the caution. After a session that hinted at recovery, the token slipped back and retested $1.30, leaving sentiment around the short-term outlook under renewed pressure. Attention outside the trading screens has cooled as well, and our earlier reporting recorded XRP retail search interest down 90% from its July 2025 peak on Google Trends. History offers one reference point for what a recovery would require: a Coinotag analysis of the token's 2023 rally replay argued that a 200-day average reclaim is the precondition for a move back toward $3.20. For readers new to these vehicles, our primer on how spot Bitcoin ETFs work explains the creation and redemption mechanics that sit behind every weekly flow number. The tally now reads one red week against 13 green ones, a single $1.84 million outflow ending a run that began in mid-July. Whether the next weekly print restores the old direction or starts a new one will be the first number the funds report.

Readers tracking the market in real time can follow live spot and futures prices on MEXC.

COINOTAG's editorial and research desk.

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