🚨 LATEST :Zero Net Inflows All Week: Ripple (XRP) ETFs Lose Investor Momentum💥🔥$XRP

XRP ETFs See Investor Exodus

The exchange-traded funds tracking the performance of the cross-border token enjoyed their initial honeymoon period that lasted roughly a month, in which they attracted over $1 billion in cumulative net flows. However, they began to slowly disappear from investors’ radar. The first two warning signs were observed on January 7 and 20 when $40.80 million and $53.32 million were pulled out of the funds.

January ended with another mass withdrawal of $92.92 million on January 29, and the overall month was just slightly in the green – $15.59 million; a figure significantly lower than the $666.61 million seen in November and $500 million in December.$ETH

February picked up the pace, as the total monthly inflows stood at $58.09 million. However, more warning shots were seen as there were days with zero net inflows. Such trading days returned in the previous week – SoSoValue shows $0.00 reportable inflow data for March 11 and March 13. Moreover, the other three trading days were in the red, with $18.11 million leaving the funds on Monday, $3.88 million on Tuesday, and $6.08 million on Thursday.