Franklin XRP ETF’s XRPZ saw a sizable outflow on March 6, 2026, with $6.15 million exiting the fund in a single day. That withdrawal trimmed the ETF’s assets under management to $233.67 million, meaning roughly 2.63% of its capital base moved to the sidelines in one session.
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The related asset, XRP-USD, is currently trading at $1.3654 after a bruising three months that left the token down about 34.07%. Short-term momentum remains fragile, with the 1-day technical signal flashing Sell, a reading that likely contributed to the latest bout of investor caution.
The combination of accelerating redemptions from XRPZ and weak price action in XRP underscores how quickly sentiment can flip in crypto-tied products. While the outflow is notable, it still leaves Franklin’s vehicle with a substantial asset base, suggesting many holders are opting to ride out the volatility rather than abandon the theme entirely.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.