This is also what has happened to the price of XRP since early 2026.
After marking the longest positive streak of any cryptocurrency-based ETF on Wall Street, spot XRP funds finally saw their first red day on Wednesday with net outflows of more than $40 million.
Nevertheless, the week was still green, while the price of the underlying asset saw significant fluctuations.
One line broken, another continues
CryptoPotato reported earlier this week that spot XRP ETFs had seen net outflows of $40.80 million on Wednesday. This meant that net withdrawals dominated net inflows for the first time since the first financial vehicle was launched on November 13. At the time, Canary Capital’s XRPC set the record for the highest trading volume on a debut day in 2025.
Since then, four more XRP ETFs have been launched, but XRPC remains the undisputed leader in terms of cumulative net inflows. It has attracted $393.66 million, followed by Bitwise’s XRP ($292.09 million), Franklin Templeton’s XRPZ ($276.78 million) and Grayscale’s GXRP ($263.43 million). 21Shares’ TOXR is the only one in the red, with $7.77 million gone from the fund since inception.
Despite the broken daily streak on January 7, the week actually ended in the green. According to SoSoValue data, the financial products attracted $46.10 million on Monday, $19.12 million on Tuesday, $8.72 million on Thursday and $4.93 million on Friday, bringing the total for the week to $38.07 million in net inflows. This means that the weekly green streak has been going on for almost two months.
XRP Price Update
The consistent net inflows were one of the few reasons behind the underlying asset’s price rebound over the past week. Recall that XRP was below $1.90 at the end of 2025 and effectively ended the year in the red. However, rates started rising on January 2 and shot up nearly 30% in less than a week.
The local peak came Tuesday morning with a rise to $2.41, becoming the highest price tag in almost two months. However, it forcibly declined there, coinciding with the ETFs’ first day of net outflows. It is now struggling to stay above $2.10, while the next major support lines are at $2.00 and $1.90 according to analysts.
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