Withdrawal Wave Hits Franklin’s XRP Fund as Traders Reassess Token Prospects
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Franklin XRP ETF’s XRPZ saw outflows of $2,991,600 on March 13, 2026, marking a fresh bout of investor caution toward the XRP trade. The latest redemption represents roughly 1.34% of the fund’s $223.57 million in assets under management, a meaningful pullback that hints at mounting unease after a choppy quarter for the underlying token.
The related asset, XRP-USD, is currently trading at $1.5125 after shedding about 20.9% over the past three months, underperforming many large-cap crypto peers. Even so, the 1-day technical signal remains a cautious Hold, suggesting short-term traders are not yet ready to call a definitive trend break despite the ETF’s latest bout of selling.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.