XRP ETF sees $6M daily outflow, but price resilience suggests limited panic

XRP experienced $6.08 million in daily ETF outflows on March 13, signaling weakening institutional demand even as the token held firm above $1.40—a critical technical floor that has so far prevented the deeper selloff some traders feared.

The withdrawal marks a reversal after positive inflows earlier in March and raises questions about whether Ripple’s $750 million buyback announcement can sustain bullish momentum.

Xrp ETF Outflow Reaches $6M as Institutional Flows Turn Negative

Recent market data highlights a growing XRP ETF outflow, with daily net withdrawals totaling approximately $6.08 million from XRP spot exchange-traded funds.

While the XRP ETF outflow has raised eyebrows among traders, the broader picture still shows significant institutional capital in the market. Total net assets across XRP ETF products remain near $967 million.

The shift toward XRP ETF outflow comes after a series of positive inflow sessions earlier in March.

The sudden reversal into multiple red days suggests that some institutions may be reducing exposure or locking in profits after XRP’s earlier gains.

According to Eric Balchunas, senior ETF analyst at Bloomberg, institutional flow patterns often fluctuate during consolidation phases.

“ETF flows can swing quickly during periods of price uncertainty. Outflows don’t always mean a bearish trend — sometimes it’s simply profit-taking or portfolio rebalancing,” Balchunas noted in recent market commentary.

Even with the rising XRP ETF outflow, XRP has remained relatively stable, indicating that retail demand and broader market sentiment may still be supporting the price.

Xrp ETF Outflow Meets Strong Technical Support Near $1.40

Despite the ongoing ETF outflow, XRP has managed to maintain strong support above the $1.40 level.

Traders widely view this zone as a key technical pivot that could determine the asset’s next major move.

The fact that XRP continues to hold this level despite institutional withdrawals suggests that selling pressure remains limited.

Technical indicators also hint at improving momentum. The Awesome Oscillator, a popular momentum indicator, has been climbing toward the zero line after spending weeks in negative territory.

This shift is often interpreted as a signal that bearish momentum is weakening — a development that could counterbalance the recent XRP ETF outflow.

Crypto market strategist Michaël van de Poppe recently highlighted the importance of XRP holding its current range.

“If XRP maintains support levels while momentum indicators recover, the market could see renewed bullish sentiment,” van de Poppe said in a market update.

Such conditions could potentially offset the effects of continued Xrp ETF outflow.

Ripple’s $750M Buyback Adds Confidence Amid Xrp ETF Outflow

Another factor shaping sentiment around the XRP ETF outflow narrative is a recent corporate development from Ripple.

The blockchain company launched a $750 million share buyback program designed to repurchase shares from early investors and employees.

While the buyback does not directly affect XRP’s circulating supply, many market participants view it as a vote of confidence in Ripple’s long-term outlook.

Ripple CEO Brad Garlinghouse has repeatedly emphasized the company’s commitment to strengthening its ecosystem.

“Ripple continues to focus on building long-term infrastructure for global payments,” Garlinghouse said in previous remarks about the firm’s expansion strategy.

For some traders, the buyback announcement could help balance concerns triggered by the ongoing XRP ETF outflow.

Key Resistance Levels Could Decide XRP’s Next Move

Technically, XRP faces immediate resistance between $1.45 and $1.50 — a range that has repeatedly capped recent rallies.

If XRP breaks above this zone despite the ongoing XRP ETF outflow, analysts say the next targets could be around $1.60 and possibly $1.70.

However, failure to maintain support could quickly shift sentiment.

A drop below the $1.30–$1.35 range may trigger renewed downside pressure, particularly if the XRP ETF outflow trend continues over the coming weeks.

For now, the market remains in a wait-and-see phase. The balance between institutional withdrawals and improving technical indicators will likely determine whether XRP can regain bullish momentum or remain stuck in consolidation.