XRP Falls to $1.08 Amid Record ETF Outflows
XRP dropped to $1.08 as spot exchange-traded funds recorded their biggest outflows in eight months.
XRP declined to $1.08 as spot exchange-traded funds suffered their largest outflows in eight months, according to Benzinga.
Market Reaction
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The downward pressure on the token coincides with substantial capital withdrawals from spot investment products, marking a notable shift in investor sentiment for the asset over the eight-month window.
Key facts
- XRP dropped to $1.08
- Spot ETFs suffered their biggest outflows in eight months
- Data reported by Benzinga
Source: news.google.com
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