US spot XRP exchange-traded funds recorded their first net outflow on Wednesday, with approximately $40.8 million exiting the products and ending a seven-week inflow streak that began shortly after their mid-November 2025 launch.
The withdrawal coincided with broad selling pressure across crypto-linked ETFs, including $486 million in Bitcoin ETF outflows and $98 million from Ether ETFs, suggesting a market-wide shift in investor positioning as 2026 begins.
Marketwide ETF flows turn mixed
The XRP etf outflow coincided with pronounced outflows in other crypto ETF categories. Spot Bitcoin (BTC) ETFs posted roughly $486 million in net outflows on Wednesday, their largest single‑day withdrawal in several months, while spot Ether (ETH) ETFs recorded $98 million in net outflows, also flipping negative after a recent string of inflow days.
Despite the redemptions, XRP ETFs still maintain strong total net assets above approximately $1.5 billion, underscoring investor confidence in the product since launch.
Elsewhere in the crypto ETF landscape, emerging assets show relative resilience. Spot Solana (SOL) ETFs continued to attract modest inflows in early January, while Chainlink (LINK) products saw flat flow activity after a period of small net gains. Dogecoin (DOGE) ETFs showed no net movement during the mid‑week trading sessions.
Strong inflow trends earlier in the year
Leading up to the XRP etf outflow, crypto ETF flows were notably positive. Spot Bitcoin ETFs began the year with sizable inflows which was $471 million on Friday and $697 million on Monday before Tuesday’s $243 million outflow and Wednesday’s larger drawdown. Spot Ether ETFs followed a similar pattern.
Smaller spot ETFs recorded steadier patterns. Solana’s ETF series consistently drew capital, while Chainlink’s products settled around neutral levels.
Analysts attribute the broader ETF activity to a “normalization” of flows after a period of exceptionally strong accumulation.
“Markets often cycle from heavy inflows to consolidation as investors rebalance,” said James Faulkner, Head of ETF Research at Meridian Capital. “The XRP etf outflow doesn’t necessarily signal a loss of confidence, but may reflect broader capital rotation across products.”
XRP ETF performance remains robust
Even with the first major net outflow, XRP ETFs have distinguished themselves over recent months.
Cumulative net inflows approached $1.2 billion leading into January 2026, and the category maintained an uninterrupted inflow streak of nearly a month by late December as a rare achievement among crypto ETF assets.
“XRP’s long track record and broad institutional support helped the ETFs attract sustained capital early on,” said Sui Chung, CEO of CF Benchmarks, referring to the inflow trend before the recent reversal. “Performance since launch shows that new digital asset ETFs can draw real investor interest, even in a volatile market.”
At press time, XRP was trading near $2.12, off about 7% over the prior 24 hours, in line with broader crypto market weakness that has pressured ETFs across categories.
What the outflow means for investors
The XRP etf outflow underscores a shift from one‑way inflows to more normalized capital movement as the crypto ETF market matures.
While inflows brought fresh liquidity and investor participation into late 2025, the recent net withdrawals reflect both profit‑taking and strategic rotation into other assets or ETF products.
“ETF flows are one signal among many,” said Laura Simmons, Digital Asset Strategist at Northfield Analytics. “Outflows can coincide with price corrections, broader market moves, or even tactical rebalancing among institutional portfolios.”
Despite this first net outflow day, XRP ETFs remain among the stronger performers in the crypto ETP universe, with meaningful assets under management and continued interest from diversified investor cohorts.