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Investors Pull Back from 21Shares XRP ETF as Token’s Slide Tests Conviction

Investors Pull Back from 21Shares XRP ETF as Token’s Slide Tests Conviction

XRP ETF sees sharp outflow as traders reassess altcoin risk.

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The 21Shares XRP ETF, TOXR, recorded net outflows of $3.09 million on March 13, 2026, shrinking investor capital in the product just as volatility in XRP intensifies. With assets under management at $153.63 million, the latest redemption wave represents about 2.0% of the fund’s AUM, a meaningful single-day pullback for a niche crypto vehicle.

The related asset, XRP-USD, is currently trading at $1.5125 after shedding roughly 20.9% over the past three months, underscoring the pressure on sentiment that may be driving ETF outflows. Despite the drawdown, the short-term technical picture remains cautious rather than outright bearish, with the one-day signal sitting at Hold, suggesting traders are waiting for clearer direction.

The combination of notable fund redemptions and a choppy price profile highlights how quickly capital can rotate in and out of single-asset crypto ETFs when conviction wavers. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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