Investors Pump the Brakes on XRP as Bitwise ETF Logs Notable Outflow

XRP Bets Dial Back as Bitwise ETF Sees Fresh Outflows

The Bitwise XRP ETF, XRP, recorded net outflows of $3.88 million on March 11, 2026, trimming exposure after a choppy stretch for the underlying token. The withdrawal represents about 1.48% of the fund’s $261.6 million in assets under management, a meaningful but not yet destabilizing move for the still-growing product.

The related asset, XRP-USD, is currently trading at $1.4159, leaving it down roughly 26.15% over the past three months amid broader volatility in large-cap altcoins. Despite the price slump, the short-term technical picture remains cautious rather than capitulatory, with a one-day signal flashing Hold, suggesting traders are waiting for clearer direction before repositioning.

The ETF outflow may reflect profit-taking from earlier rallies or growing discomfort with XRP’s underperformance versus other digital assets during the recent risk-on episodes. Still, the modest scale of the redemption relative to total AUM implies that institutional appetite for structured XRP exposure is intact, even as allocators fine-tune positions to manage drawdowns and volatility.

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