Franklin XRP ETF’s XRPZ saw a sharp outflow of $6.15 million on March 06, 2026, trimming its assets under management to $233.67 million.
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The redemption, equivalent to roughly 2.63% of AUM in a single session, underscores mounting investor caution around XRP-linked products.
The related asset, XRP-USD, is currently trading at $1.3619 after a bruising three-month slide of about 34.07%.
Short-term sentiment remains under pressure, with a 1-day technical signal flashing Strong Sell, reinforcing the defensive posture seen in ETF flows.
The combination of sustained price weakness in XRP and meaningful outflows from XRPZ suggests that institutional and retail traders alike are reassessing risk exposure to the token, at least in the near term.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.