"XRP ETFs built an impressive track record through late 2025 and early January 2026. The products went 35 consecutive trading days without a single redemption since Canary Capital's XRPC launched on November 13, 2025. That streak ended with a modest $40.8 million outflow on January 7, which markets quickly shrugged off as profit-taking after XRP rallied 25% in a week."
"The January 20 XRP ETF outflows were different. At $53.32 million, they marked the largest single-day redemption in XRP ETF history. Grayscale's GXRP accounted for nearly all of the selling, recording $55.39 million in outflows. Franklin Templeton's XRPZ partially offset the damage with $2.07 million in inflows. Other issuers including Canary, Bitwise, and 21Shares saw flat flows. It's also important to check the timing. January 20 came after the Martin Luther King Jr. holiday weekend, during which President Trump threatened tariffs on European NATO members."
XRP ETFs experienced a $53 million outflow on January 20, 2026, the largest single-day redemption since their November 2025 launch. The selloff formed part of a $1.73 billion weekly exodus from crypto investment products that included significant losses in Bitcoin ETFs. Earlier inflows had driven a 35-day streak without redemptions and over $1.2 billion in cumulative ETF inflows since launch. Inflows resumed within days after the January 20 withdrawal, and exchange-held XRP remains near multi-year lows. The volatility raises questions about how sustained institutional demand will influence XRP's path toward an $8 price target.
Read at 24/7 Wall St.
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