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Bitwise XRP ETF sees $3.58M outflow, but no bearish call from fund sponsor

Market News
06 Aug 2026
Crypto news
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Neutral
Bitwise XRP ETF sees $3.58M outflow, but no bearish call from fund sponsor

The Bitwise XRP ETF experienced a $3.58 million net outflow on August 5, reflecting shareholder redemptions rather than a discretionary bearish decision by Bitwise. The ETF can fulfill redemptions by transferring XRP tokens or selling them, but this does not indicate Bitwise's market view. XRP traded near $1.07, significantly below its July 2025 peak. The outflow is part of normal fund operations and does not prove a change in Bitwise's XRP outlook; further confirmation will come from upcoming holdings data and SEC filings.

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