XRP ETF Hits First Outflow as Market Sentiment Shifts
Yesterday marked a pivotal moment for the U.S. spot XRP exchange-traded product: its first daily net outflow since launch, with approximately $40.8 million in capital withdrawal. This shift ends a multi-week streak of consistent inflows and signals a notable change in investor behavior.
Major Crypto ETFs Face Simultaneous Pressure
XRP isn’t alone. Bitcoin spot ETFs saw a massive $486 million outflow—the largest single-day drop since November. Ethereum ETFs followed with a $98 million net exit. These synchronized moves suggest broader market caution amid rising volatility and shifting macro signals.
- XRP ETF daily outflow: ~$40.8 million
- Bitcoin ETF daily outflow: $486 million (largest since Nov)
- Ethereum ETF daily outflow: $98 million
XRP Still Stands Strong Despite Pullback
Even with the outflow, XRP-linked products remain resilient. Assets under management stay above $1.5 billion, outperforming many peers in the crypto ETP space. Experts believe the sell-off may reflect short-term profit-taking rather than long-term bearish sentiment.
Analysts point to evolving regulatory clarity, macroeconomic uncertainty, and reduced on-chain activity as key factors in the current rebalancing. Yet, with institutional interest growing, the foundation for future demand remains intact.