Spot exchange-traded funds for XRP are set to experience their first weekly outflow since debuting in November 2025. The shift to negative flows occurred on Tuesday with more than $53 million exiting the funds. This comes amid a nearly 20% price drop for XRP from its recent high.
Spot XRP exchange-traded funds (ETFs) launched in November 2025 and quickly attracted significant investment, recording $243 million in inflows on their first trading day. According to data from SoSoValue, the funds had maintained an average of $127.5 million in weekly inflows until this week.
However, the trend reversed on Tuesday, when over $53 million left the funds, putting them on pace for their inaugural weekly outflow. This marks a departure from the positive momentum seen since inception.
The downturn aligns with broader challenges for XRP, which has declined nearly 20% from its 2026 peak of $2.39. The cryptocurrency is now trading below the price it held at the ETFs' launch. Blockchain analytics firm Santiment reports that XRP has entered "Extreme Fear" territory based on social sentiment data.
"Small retail traders have become pessimistic toward the #5 market cap cryptocurrency after a -19% drop since the high back on January 5th," Santiment noted. The firm suggested to Sherwood News that extreme bearishness could signal a rebound: "If we reach levels of bearishness that we were seeing back on November 20-21, 2025, it would be an indication that a major bounce is likely."
These developments highlight the volatility in the cryptocurrency market, particularly for XRP, as investor sentiment shifts amid price pressures.