XRP ETFs experience $40 million in withdrawals following an eight-week streak of positive inflows

XRP Spot ETFs in the U.S. Experience First Net Outflow Since Launch

For the first time since their debut in mid-November, U.S.-listed spot XRP exchange-traded funds (ETFs) have reported a net outflow, breaking what had been the most consistent streak of inflows among leading cryptocurrency funds.

On January 7, these funds saw a collective withdrawal of $40.8 million. This marks a significant change after nearly two months of continuous inflows, which had driven total investments to $1.2 billion and pushed net assets to approximately $1.53 billion—representing about 1.16% of XRP’s total market capitalization.

Image source: SoSoValue

Despite the overall outflow, most XRP ETFs either remained flat or posted minor inflows during the day. The primary driver behind the negative figure was a $47.25 million redemption from 21Shares’ TOXR fund. Meanwhile, other providers such as Canary, Bitwise, and Grayscale continued to see modest positive flows.

Trading activity across all XRP spot ETFs reached $33.74 million, indicating ongoing engagement without signs of panic selling.

This development is notable because both bitcoin and ether spot ETFs experienced outflows soon after their launches, whereas XRP ETFs had maintained a steady inflow record since November.

The uninterrupted streak had become a focal point for market watchers, with consistent ETF demand often cited as a major factor behind XRP’s strong performance in early 2026, even as the broader crypto market remained relatively stable.

It’s important to note that a single day of outflows does not necessarily indicate a shift in overall investor sentiment. Large redemptions from individual funds can result from portfolio adjustments, tax considerations, or inventory management by market makers, rather than a widespread change in demand.

Nevertheless, market participants are likely to monitor future flows closely. XRP has surged at the start of the year and remains highly responsive to ETF activity, with traders increasingly relying on daily ETF data to gauge whether demand continues to absorb supply or is beginning to taper off.