XRP is nursing losses on two fronts at once. The token is caught in a broad crypto selloff, and the exchange-traded products built around it are bleeding money. The latest weekly tally, published today, shows net outflows of $19.09 million from US spot XRP ETFs — a figure that lands just as the wider market turns hostile.
The fund data paints a mixed picture beneath the headline number. Several issuers lost capital, while Franklin Templeton bucked the trend with an inflow of $4.27 million. Canary and 21Shares both reported redemptions. The positive flows into individual products were nowhere near enough to offset the withdrawals elsewhere, leaving investors with a negative overall balance. The exodus had already begun earlier in the week: on Monday alone, investors pulled a net $10.4 million from US spot XRP ETFs.
Leverage Unwind and Macro Jitters Compound the Pressure
The retreat from major cryptocurrencies is being shaped by bitcoin's weakness and the unwinding of leveraged positions, according to media reports. Worries about higher US interest rates and unease surrounding Nvidia weighed on the broader market as far back as yesterday. For XRP, the fund outflows add a burden of its own.
Leveraged XRP bets came under fire alongside the ETF withdrawals, and the breakdown shows that wagers on rising prices bore the brunt of the damage. That combination — forced closures of long positions plus capital leaving the funds — explains why the market-wide selling pressure hits XRP with extra force.
Should investors sell immediately? Or is it worth buying XRP?
The macro backdrop sharpened as the week wore on. A stronger dollar and mounting expectations of a possible US rate hike set the tone, with stronger-than-expected inflation data triggering the reassessment. Liquidations of leveraged crypto positions topped $1.6 billion within a single day, and such forced closures can amplify selling pressure across the entire market. XRP was swept up in that broad retreat as well.
Two developments matter most for any stabilization: a calmer crypto market overall and a recovery in fund demand. As long as both drags pull at the same time, the ground remains difficult for a lasting price rebound.
A Longer Clock: Quantum-Resistant Accounts on the Drawing Board
Far removed from the daily price action, the XRP Ledger has a proposal on the table to guard against quantum computers. Users would be able to add quantum-resistant signature keys to their accounts and deactivate existing keys, according to the draft that surfaced on Tuesday. The aim is to bring account security in line with potential future technical risks.
The proposal is neither approved nor available on the live network. Research into the migration is planned for 2027, with development and security audits to follow later. Ripple has set 2028 as its target for a broader transition.
XRP at a turning point? This analysis reveals what investors need to know now.
What lends the draft weight for long-term observers is that it lays out a concrete migration path for existing accounts. Its practical value, however, hinges on the remaining development work and audits succeeding — and on the proposal securing the necessary approval.
For XRP holders, the two storylines set different tests. In the near term, the question is whether spot ETF flows steady. On the network side, it is the progress from planned research to audited implementation that will decide the outcome. That technical timeline stretches well beyond the current bout of market weakness.
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XRP Stock: New Analysis - 14 November
Fresh XRP information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
