XRP ETFs Record First Outflows Since Launch as Crypto ETF Market Turns Negative
U.S.-listed spot XRP exchange-traded funds (ETFs) recorded their first-ever net outflows on Jan. 7, shedding $40.7 million after nearly seven weeks of uninterrupted inflows. The reversal marks a notable shift for XRP ETFs, which had attracted steady capital since their launch in mid-November 2025.
The pullback came amid broader weakness across the crypto ETF market, as both Bitcoin and Ethereum ETFs also posted sizable outflows during the same trading session.
XRP ETFs See First Daily Outflow Since Inception
According to data from SoSoValue, the Jan. 7 session marked the first daily net outflow for spot XRP ETFs after a prolonged accumulation phase. Despite the reversal, cumulative inflows into XRP ETFs remain strong, standing at approximately $1.2 billion.
The outflows were largely concentrated in a single product. The 21Shares XRP ETF saw withdrawals totaling $47.25 million, while ETFs from Canary, Bitwise, Grayscale, and Franklin Templeton recorded either flat or positive flows.
Even with the one-day setback, XRP ETFs continue to rank among the strongest-performing crypto exchange-traded products. Total net assets across all XRP ETF offerings remain above $1.5 billion, underscoring sustained investor interest despite short-term volatility.
XRP Price Pulls Back After Strong Start to 2026
XRP entered 2026 as one of the top-performing major cryptocurrencies, supported in part by consistent ETF inflows. Earlier this week, the token rallied nearly 13%, briefly reaching $2.40.
However, the shift in broader crypto ETF flows and weakening market sentiment weighed on prices. XRP is down 6.27% on the day, trading near $2.10 at the time of writing.
Bitcoin and Ethereum ETFs Also See Heavy Outflows
The broader crypto ETF market has turned negative after a strong start to the year. Spot Bitcoin ETFs attracted significant capital early in January, posting inflows of $471 million on Jan. 2 and $697 million on Jan. 5, before reversing sharply.
Bitcoin ETFs recorded $243 million in outflows on Jan. 6, followed by a larger $486 million withdrawal on Jan. 7.
Spot Ether ETFs followed a similar pattern. After registering inflows of $174 million on Jan. 2, $168 million on Jan. 5, and $114 million on Jan. 6, Ether ETFs flipped to $98 million in outflows on Jan. 7.
Smaller Crypto ETFs Show Relative Resilience
While major crypto ETFs faced pressure, smaller products showed more resilience. Spot Solana ETFs continued to attract consistent inflows, outperforming the broader market.
Chainlink ETFs, meanwhile, shifted to flat flows on Jan. 7 after several days of moderate inflows ranging between $822,000 and $2.2 million, suggesting stabilization rather than outright capital flight.
