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U.S. spot XRP ETFs post first net outflow in about a month on Aug. 5

U.S. spot XRP ETFs post first net outflow in about a month on Aug. 5

U.S. spot XRP ETFs saw $3.58 million leave on Aug. 5, their first net outflow since July 8, as XRP slipped to around $1.04 during a historically weak month for the token.

XRP

Fact Check
The U.Today article directly supports every element of the claim: no net inflows ($0) on Aug 4, cumulative inflows holding at $1.51 billion, a four-day positive run (July 29–Aug 3), and the absence of redemptions/outflow days. PANews (citing SoSoValue) and the BankXRP post independently corroborate the $1.51 billion cumulative figure and the Aug 3 data point immediately preceding the flat Aug 4 session. All figures are consistent across sources.
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Summary

U.S. spot XRP ETFs recorded a net outflow of $3.58 million on Aug. 5, marking the category's first daily withdrawal since July 8 after roughly a month without redemptions. The move was led by the Bitwise XRP ETF and came as XRP weakened to around $1.04 in early August, reviving concerns over what has historically been one of the token's softer months. Even so, cumulative net inflows held at $1.51 billion and total assets under management stood at $993.38 million, suggesting demand remained comparatively firm despite the pullback.

Terms & Concepts
  • spot XRP ETFs: Exchange-traded funds that aim to track XRP directly rather than through derivatives.
  • net outflow: A period when investor withdrawals from a fund exceed new money entering it.
  • assets under management: The total market value of assets overseen by an investment fund.