Spot XRP and Solana ETFs face investor headwinds with record outflows and declining underlying prices after months of inflows.
Macro & Markets ·
Spot XRP ETFs posted their first weekly net outflow in three months, with investors withdrawing $1.84 million, ending a 13-week streak of consecutive inflows. Solana ETFs fared worse, recording $25.52 million in outflows during what marked their worst week on record. The declines in fund flows coincide with downward price pressure on both underlying assets, with XRP dropping to $1.27 and SOL trading between $101 and $102.
The reversal in XRP fund flows breaks a period of sustained investor accumulation through spot vehicles. Solana ETFs have struggled more persistently, showing only a single green day since late September and now experiencing record-level redemptions rather than the inflows that characterized much of the preceding period.
The timing and magnitude of these outflows remain unclear with respect to broader market sentiment or specific catalyst events. Whether the shifts represent tactical profit-taking, rotation into other assets, or a more sustained shift in investor positioning awaits further data.