XRP ETFs see $40M of outflows after eight-week run of inflows

XRP exchange-traded funds (ETFs) experienced $40 million in outflows after an eight-week streak of inflows. This shift comes amid broader market volatility and regulatory scrutiny surrounding cryptocurrencies. The recent downturn has raised concerns among investors, leading to a reevaluation of their positions in XRP-related funds. Despite the outflows, the overall interest in XRP remains, with some analysts suggesting potential recovery in the future. The situation highlights the ongoing challenges faced by crypto assets in attracting and retaining investor confidence.

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