The XRP ETF’s first week was like a surprise party where everyone forgot to bring gifts. Instead of the “inflow party” everyone hyped up after the 2023 “not a security” ruling, we got a $15.5 million outflow. Congrats, crypto-it’s the biggest “thanks for nothing” since your ex left you for a yoga instructor. 🤡
XRPC’s debut on Nov. 13 was so underwhelming, it’s less exciting than your cousin’s garage band. Day one? Zero net creations. But then… dramatic pause… $243 million poured in like someone opened a dam, and trading volume hit $58 million. That’s right, it even beat the Solana ETF’s $57 million. But let’s be real: who’s counting? 🤷
Historically, inflows followed these liquidity bursts. But now? The past 12 months of XRP ETPs adding $2 billion and price surging 700% feels like a dream. Or maybe it was a fever dream where everyone forgot crypto is just a fancy calculator. 🔢
Sell-the-News: The Worst Kind of News
CoinShares data says the ETF’s launch coincided with a $2 billion ETP bloodbath. Bitcoin lost $1.38B, Ethereum $689M, and XRP’s $15.5M outflow was just another Tuesday. Investors treated the ETF like a fire sale-sell everything, run for the hills! 🏃♂️
Turns out, the assumption that “ETF = instant riches” is as solid as a house built on Jell-O. If crypto ETP outflows keep going, XRP’s post-launch bleed might turn into a full-blown geyser. And we’ll all be here, sipping coffee and wondering why we trusted a bunch of charts. ☕📉
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2025-11-17 18:37