Ethereum

XRP ETF

Grayscale

Trading in the U.S. saw spot XRP ETFs record a net daily outflow for the first time since their introduction, thereby ending a 36-day streak of continuous inflows. With $40.8 million exiting on Wednesday, the data mirrored a temporary weakening appetite for risk in the <a href="https://en.coin-turk.com/bitcoin-and-xrp-market-trends-reveal-investment-opportunities/" rel="noopener noreferrer nofollow">crypto</a> asset market, coinciding with significant outflows from Bitcoin and Ethereum ETFs on the same day. Nonetheless, analysts emphasize that the limited scale of these outflows hasn’t disrupted the medium-term trend.
<h2 style="text-align: justify" id="strong-spot-xrp-etf-s-first-net-outflow-strong">Spot XRP ETF’s First Net Outflow</h2>
According to SoSoValue data, five spot XRP ETFs listed in the U.S. reported total net outflows of $40.8 million on Wednesday. The most notable move occurred in the 21Shares-managed TOXR fund, with $47.25 million withdrawn, whereas Canary, Bitwise, and Grayscale had marginal net inflows around $2 million.
Since November, when Canary’s XRPC product initiated its operations, XRP ETFs accumulated a total of $1.25 billion in net inflows until Wednesday. The day of the first net outflow represents a small fraction of this accumulation. Market analysts point to profit-taking following XRP’s recent price spike from $1.8 to $2.4.
BTC Markets <a href="https://en.coin-turk.com/insights-on-recent-cryptocurrency-market-trends/" rel="noopener noreferrer nofollow">crypto analyst</a> Rachael Lucas observed that the outflows constituted less than 3% of total cumulative inflows, indicating maintained demand, especially given low exchange reserves and high transaction volumes. Lucas suggests a renewed pace of inflows could lead to testing the $3 level.
<h2 style="text-align: justify" id="strong-simultaneous-movements-in-bitcoin-and-ethereum-etfs-strong">Simultaneous Movements in Bitcoin and Ethereum ETFs</h2>
XRP developments coincided with significant outflows in Bitcoin and Ethereum ETFs. Spot Bitcoin ETFs reported a net outflow of $486 million, with major withdrawals of $247.6 million from Fidelity’s FBTC fund and $130 million from BlackRock’s IBIT product, marking over $700 million exiting in two days.
Ethereum ETFs also saw a $98.5 million net outflow on Wednesday, with Grayscale’s ETHE fund accounting for $52 million in departures. This marked the first net outflow day of 2026 for Ethereum ETFs following $457 million in inflows over the year’s initial three trading days.
Lucas attributed the phenomena to post-valuation portfolio rebalancing and deleveraging after Bitcoin reached $94,000. Presto Research’s Min Jung noted investors’ temporary preference for equities, whereas cautious stances in crypto reflected in prices and ETF flows.
The post <a href="https://en.coin-turk.com/xrp-etf-experiences-first-net-outflow-in-36-days/" rel="noopener noreferrer nofollow">XRP ETF Experiences First Net Outflow in 36 Days</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

XRP ETF Experiences First Net Outflow in 36 Days

Table of Contents

COINTURK NEWS

Other articles published on Jan 8, 2026

5 countries dominate Europe’s crypto media traffic in Q3

MSCI Retains DATCOs in Global Indexes

Morgan Stanley to launch digital asset wallet as part of crypto product expansion

Pi Network’s 2025: Most Impactful Updates & Developments

The $7M Trust Wallet Extension Hack: All You Need to Know

Telcoin's Banking Operations Begin as eUSD Launches on Ethereum & Polygon

Join our free newsletter for daily crypto updates!