XRP Spot ETF Records $5.98M Net Outflow on March 16

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ETF news: On March 16, the XRP spot ETF recorded a net outflow of $5.98 million, according to TechFlow. The entire outflow came from the 21Shares XRP ETF (TOXR), which saw $5.98 million exit on that day. The ETF’s cumulative net inflow to date is now -$23.87 million. As of now, the XRP spot ETF holds $107.1 million in net assets, with XRP accounting for 1.14% and a cumulative net inflow of $120.2 million. Bitcoin ETF news continues to attract significant attention across the market.

According to SoSoValue data, on yesterday (March 16, Eastern Time), the total net outflow for XRP spot ETFs was $5.9786 million. Only the 21Shares XRP ETF (TOXR) recorded a net outflow yesterday, with a daily net outflow of $5.9786 million; its cumulative net inflow to date stands at -$23.868 million. As of the latest update, the total net asset value of all XRP spot ETFs is $1.071 billion, with XRP accounting for 1.14% of total ETF assets, and cumulative net inflows since inception reaching $1.202 billion.

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