Ripple (XRP) ETF sees $7.6 million in net outflows... price falls 3.04% in 24 hours
Original headline리플(XRP) ETF 760만달러 순유출…가격 24시간 3.04% 하락
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U.S. spot XRP ETFs recorded a net outflow of $7.6 million on the latest trading day, according to CoinGlass, as redemptions exceeded creations. XRP traded at $1.06, down 3.04% over 24 hours, within a range of $1.030–$1.106, with the period low holding above $1. The outflow reflects ETF share redemptions rather than equivalent net selling in exchange spot markets. The move matters as a test of demand for the newly launched spot products during a pullback in the token price. Next, watch whether outflows persist across consecutive sessions and whether XRP holds the $1 level.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
XRP (XRP), US spot XRP ETF, CoinGlass
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