US-listed XRP exchange-traded funds posted $1.84 million in net outflows for the week ended Oct. 16, ending a 13-week run of inflows, according to data from SoSoValue. That reversal followed $11.31 million in inflows the week before.
The XRP pullback wasn't an isolated case. Investors withdrew almost $576 million from four major cryptocurrency ETF categories, and Bitcoin and Ethereum ETFs kept bleeding through the same stretch.
Thirteen weeks, one reversal
XRP funds had been accumulating steadily for more than three months — a stretch long enough that some observers had started treating the streak as a baseline rather than a signal. The $1.84 million exit is small in dollar terms, but it breaks a pattern that had held since early summer.
The comparison to the prior week makes the turn sharper. XRP ETFs took in $11.31 million for the week ended Oct. 9. Seven days later, that flipped to a net outflow. SoSoValue's figures put the swing at roughly $13 million in net flows between the two weeks.
Thirteen weeks of steady buying, then a reversal. For a product category that only recently launched, the run itself was the story until it wasn't.
The wider ETF drain
XRP was the smallest leak. Nearly $576 million left four major crypto ETF categories during the week, with Bitcoin and Ethereum funds among the vehicles losing assets. Both had already been in withdrawal mode, and the period ended Oct. 16 did nothing to reverse that.
That context matters for reading the XRP number. A single fund family losing under $2 million looks like noise. But when the broader crypto ETF complex is shedding hundreds of millions in the same week, the XRP outflow reads more like a shared current than a product-specific problem.
The four categories weren't named individually in the SoSoValue data. What's clear is the direction.
What flipped
The data doesn't explain why. No single catalyst is cited for the reversal, and the outflows landed across ETF categories rather than concentrating in XRP alone. That pattern — where a niche product loses a little while larger funds lose a lot — usually points to allocators trimming crypto exposure across the board rather than making a call on XRP specifically.
Or it could be routine rebalancing after a long inflow run. The data can't distinguish between the two.
What it does show is that the 13-week streak was built on a much smaller dollar base than the flows into Bitcoin and Ethereum ETFs. XRP's $1.84 million outflow is a rounding error next to the $576 million that left the broader category. The streak mattered because of its length, not its size.
The week ahead
SoSoValue will publish the next weekly flow snapshot for the period ending Oct. 23. If XRP funds return to inflows, the reversal looks like a one-week blip. Another week of net outflows would suggest the 13-week run was the anomaly, not the end of it.
Bitcoin and Ethereum ETF flows will be worth watching alongside the XRP numbers — if the broader category keeps bleeding, XRP's streak is less likely to restart on its own.
