XRP ETFs Experience Initial Outflows; Bitcoin and Ether ETFs Also Affected
Spot XRP ETFs have experienced their first net outflows since their debut, totaling $41 million, according to reports. This development coincides with net outflows also being reported for spot Bitcoin and Ether ETFs. One analyst suggests that these outflows may be attributed to profit-taking following a recent market rally. The report indicates a shift in investment activity within the cryptocurrency ETF market, affecting multiple major digital assets.
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