Xrp's spot etfs recorded a substantial $40.8 million outflow in a single day, breaking a 54-day inflow streak. this institutional selling immediately preceded a 14% price drop in the spot market for xrp.
The data is sourced from u.today, citing sosovalue, and provides specific figures for etf outflows ($40.8 million) and xrp's price drop (14% from $2.42 to $2.08).
Following the significant etf outflow, xrp's price took a 'nosedive,' dropping 14% from $2.42 to $2.08, reflecting a clear negative market reaction and institutional hesitation.
The price drop occurred immediately after the recorded etf outflows, indicating a direct and rapid short-term market reaction to the institutional selling pressure.
Cover image via U.Today Read U.TODAY on Google News Spot ETFs on XRP just recorded their first-ever outflow, with $40.8 million pulled in in a single day, ending a 54-day inflow streak and wiping out the year’s bullish start. Advertisement The streak is over for XRP. After 54 days of nonstop inflows, XRP's spot ETFs just had their first daily outflow — and it was not a minor one. On Jan. 7, a net $40.8 million left the five approved XRP ETF products, erasing almost all of the inflow gains from the first week of 2026 and bringing total cumulative inflows back down to $1.20 billion. The shock came just two days after XRP ETFs added $46.1 million in their strongest session since the start of 2026. That sudden change from record demand to record selling led to a drop in total ETF assets from $1.65 billion to $1.53 billion, according to SoSoValue data. HOT Stories Can Bitcoin Reach $250,000 in 2026? Billionaire Draper Makes Major Prediction Crypto Market Review: Was Shiba Inu (SHIB) Zero Removal Trap? Ethereum (ETH) Strength at $3,200 Is Unmatched, XRP's Symptoms of Dead Cat Bounce Morgan Stanley Files for Bitcoin and Solana ETFs, Shiba Inu (SHIB) Price Erases Zero, Bollinger Shares XRP Warning — Crypto News Digest Bulls in Despair as Bitcoin Erases 2026 Gains At the same time, daily traded value dropped to $33.74 million — the lowest it has been since mid-December. Advertisement Source: SoSoValue The outflows were not spread out equally. With a whopping $47.25 million in redemptions, the 21Shares TOXR product led the reversal, pushing its cumulative flow into the negative. Minor withdrawals from Bitwise at $2.44 million, Canary at $2.32 million and Grayscale at $1.69 million were partly offset by stable flows from Franklin, which showed no change. Every fund finished the day below its NAV, with a price drop of -4.03%. XRP price takes nosedive too Then, the spot market followed. XRP slid from highs of $2.42 on Jan. 5 to as low as $2.08 during the early session on Binance on Jan. 8, which is a 14% drop. The ETF inflow-to-outflow flip is the first real test of institutional appetite, and the charts now reflect hesitation. Advertisement You Might Also Like Thu, 01/08/2026 - 07:56 XRP Supply Shock? 22M Tokens Leave Exchanges By Alex Dovbnya The euphoria surrounding ETFs is still going strong on paper, but the momentum has actually broken for XRP , and it left a $40 million hole on the way out. #XRP #XRP News #Ripple News #Spot XRP ETF