After marking the longest positive streak of any crypto-based ETF on Wall Street, the spot XRP funds finally saw their first red day on Wednesday with more than $40 million in net outflows. CryptoPotato reported earlier this week that the spot XRP ETFs had seen $40.80 million in net outflows on Wednesday. This meant that net withdrawals dominated net inflows for the first time since the initial such financial vehicle saw the light of day on November 13. At the time, Canary Capital’s XRPC set the record for the highest trading volume on a debut day in 2025.
Since then, four more XRP ETFs have been launched, but XRPC remains the undisputed leader in terms of cumulative net inflows. It has attracted $393.66 million, followed by Bitwise’s XRP ($292.09 million), Franklin Templeton’s XRPZ ($276.78 million), and Grayscale’s GXRP ($263.43 million). 21Shares’ TOXR is the only one in the red, with $7.77 million leaving the fund since its inception. Despite the broken daily streak on January 7, the week actually ended in the green.
According to SoSoValue data, the financial products attracted $46.10 million on Monday, $19.12 million on Tuesday, $8.72 million on Thursday, and $4.93 million on Friday, putting the total for the week at $38.07 million in net inflows. This means that the weekly green streak has endured for nearly two months. The consistent net inflows were among the few reasons behind the underlying asset’s price resurgence in the past week. Recall that XRP stood below $1.90 at the end of 2025 and actually finished the year in the red.
However, it began to rise on January 2 and skyrocketed by almost 30% in less than a week. Its local peak came on Tuesday morning with a surge to $2.41, which became its highest price tag in almost two months. However, it has violently rejected there, which coincided with the first net outflow day of the ETFs. It now struggles to remain above $2.10, with the next major support lines sitting at $2.00 and $1.90, according to analysts.
The XRP market faced a mixed session as spot XRP ETFs ended their longest positive streak with more than $40 million in net outflows on Wednesday, marking the first red day in weeks. Yet the week finished in the green, with weekly net inflows totaling $38.07 million after accounting for the outflow, reflecting sustained investor demand for ETF exposure. XRPC still leads the pack in cumulative inflows, attracting $393.66 million, followed by Bitwise’s XRP at $292.09 million, Franklin Templeton’s XRPZ at $276.78 million, and Grayscale’s GXRP at $263.43 million. 21Shares’ TOXR remains in the red, with $7.77 million withdrawn since inception.
The week’s inflows, spread across Monday, Tuesday, Thursday, and Friday, underscored continued appetite for XRP ETF products despite the midweek pullback. On the price front, XRP’s strength in early 2026 has helped lift the asset higher after finishing 2025 below $1.90. The price jump of nearly 30% within a week culminated in a local high near $2.41, a level briefly touched before resistance prompted a retreat. The asset now hovers above $2.10, with key support lines near $2.00 and $1.90 as analysts note the potential for further volatility around ETF-related flows.
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