XRP ETFs Hit Highest March Withdrawals With $16.62 Million
Analysis
Price Impact
MedSignificant outflows from xrp etfs suggest institutional investors are taking profits or de-risking, which can lead to short-term price pressure. however, the overall cumulative inflows remain strong, indicating a degree of underlying confidence.
Trustworthiness
HighThe data comes from sosovalue, a reputable source for crypto etf tracking, and specifically details withdrawals from major etf providers like 21shares and bitwise. the timing is also clearly specified.
Price Direction
BearishRecent outflows from xrp etfs, coinciding with a price correction and trading in the red, indicate selling pressure. while cumulative inflows are positive, the recent large withdrawals point to a bearish short-term sentiment.
Time Effect
ShortEtf flows are generally a short-term indicator. the article highlights the highest withdrawals of the month, suggesting immediate market reaction. the cumulative inflows suggest longer-term sentiment might differ.
Original Article:
Article Content:
Cover image via U.Today XRP ETFs log $16.62 million in outflows 21Shares leads with biggest outflow Advertisement XRP has resumed its price correction amid the broad crypto market volatility, causing its ETF-based products to record another day of notable losses. As momentum continues to grow weak, SoSoValue has provided data revealing that the spot XRP ETFs have recorded their largest withdrawal of the month during their latest trading session on Friday. XRP ETFs log $16.62 million in outflows Although XRP had recently recovered following a rapid rally triggered by the broad market resurgence, institutions did not rely on the rally as a bullish signal. Rather, they have continued to trade with caution, pulling up to $16.62 million across all XRP funds as of March 6, 2026. HOT Stories Crypto Market Review: Ethereum (ETH) Hits First Bullish Setup in 2026, Bitcoin Must Get Comfortable in $70,000s, Was Shiba Inu (SHIB) Price Neutralized? Ripple CTO Emeritus Reacts to XRP Price, Shiba Inu Prints 666% Spike in Futures, Dogecoin Erases Zero — U.Today Crypto Digest The withdrawals were recorded when XRP was trading in the red territory, showing daily declines of about 3%. While this weak momentum has continued, XRP has plunged by 2.08% over the last 24 hours, trading at $1.37 as of writing time. Advertisement You Might Also Like Fri, 03/06/2026 - 19:06 Ripple’s RLUSD and XRP Top Donation Charts By Alex Dovbnya While the latest withdrawals recorded mark the highest outflow seen in over two months, the cumulative inflows into XRP spot ETFs still remain strong. As such, the funds have collectively achieved $1.24 billion in total net inflows since launch. Advertisement 21Shares leads with biggest outflow Nonetheless, the data further revealed that the outflows were largely driven by withdrawals from major XRP funds. Notably, the 21Shares XRP ETF recorded the biggest daily outflow of $10.60 million, followed by the Bitwise XRP ETF, which saw $3.65 million exit the fund. Meanwhile, the Grayscale XRP product experienced a withdrawal of $2.37 million. Meanwhile, other funds showed little to no movement during the trading session. The Canary XRP ETF and the Franklin XRP ETF both reported zero daily inflows, suggesting that investors remained cautious amid the mixed price action. #XRP #Spot XRP ETF #Bitwise