October 3rd 2026, 8:00 AM
XRP ETFs Plunge Amid Massive Outflows and Market Volatility
Key Summary
Spot XRP exchange-traded funds (ETFs) logged a $3.28 million net outflow on Oct. 2, all from Bitwise, while their combined assets dropped about $37 million. The Breakdown According to Sosovalue data, U.S. spot XRP ETFs ended Oct. 2 with total net assets of $1.658 billion. One session earlier, on Oct. 1, that figure was $1.695 […]
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The Plunge
Spot XRP exchange-traded funds (ETFs) logged a $3.28 million net outflow on Oct. 2, all from Bitwise, while their combined assets dropped about $37 million.Recent Trends
According to Sosovalue data, U.S. spot XRP ETFs ended Oct. 2 with total net assets of $1.658 billion. One session earlier, on Oct. 1, that figure was $1.695 billion.Market Implications
This significant outflow and decline in assets pose a substantial risk to investors who have placed bets on XRP ETFs. Given the substantial losses, investors are now facing losses of up to $133 million.#XRP#US#Crypto#ETF