Spot XRP ETFs see first net outflows since debut, worth $41 million

U.S. spot XRP exchange-traded funds (ETFs) reported their first net outflows since their debut, totaling $40.8 million on Wednesday, ending a 36-day streak of positive flows. 21Shares' TOXR accounted for the majority of the outflows with $47.25 million leaving, while other funds saw minor inflows. This event followed a cumulative net inflow of $1.25 billion since November 13. BTC Markets Crypto Analyst Rachael Lucas noted the scale was modest, attributing the outflows to profit-taking after XRP's recent rally and a broader market pullback. She suggested underlying strength remains, and if inflows resume, XRP could retest $3. Concurrently, spot Bitcoin ETFs saw $486 million in outflows, and Ethereum ETFs experienced $98.5 million in net outflows, marking the first outflow day for ETH ETFs in 2026.

(Source：The Block)