The XRP spot ETF saw a net outflow of $40.64 million this week, marking its first weekly net outflow since its inception.

PANews reported on January 25 that, according to SoSoValue data, the XRP spot ETF saw a net outflow of $406,400 during the trading days this week (January 19 to January 23, Eastern Time).

The XRP spot ETF with the largest net outflow this week was the Grayscale XRP ETF (GXRP), with a weekly net outflow of $55.3892 million. GXRP's total historical net inflow has reached $232 million.

The XRP spot ETF with the largest net inflow this week was the Bitwise ETF XRP, with a weekly net inflow of $8.6922 million. The total historical net inflow of XRP has now reached $319 million.

As of press time, the total net asset value of the XRP spot ETF was US$1.36 billion, the ETF net asset ratio (market capitalization as a percentage of XRP's total market capitalization) was 1.17%, and the historical cumulative net inflow reached US$1.23 billion.