XRP spot ETF records first net outflow since launch as price pulls back
XRP's spot exchange-traded fund (ETF) recorded its first daily net outflow of approximately $40.8 million on January 7, breaking a streak of uninterrupted inflows since its November 2025 launch. Despite the outflow, total net assets remain elevated at around $1.53 billion, indicating a pause in accumulation rather than a broad unwind. The outflow coincided with XRP's price pulling back roughly 9% from recent highs above $2.40 to around $2.14, suggesting potential profit-taking or portfolio rebalancing rather than a structural shift in sentiment. Market analysts interpret this as a normalisation in the product's maturity, with two-way flows being common after strong rallies. Broader price structure remains intact, and the outflow is viewed as consolidation rather than a reversal of trend. Attention now turns to whether flows stabilise or extend into further outflows in subsequent sessions.
ambcrypto01/08 21:02