The post Ripple’s XRP Slides 7% As Spot XRP ETFs Log Their First Red Day Since Launch ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Is XRP About to Face Huge The post Ripple’s XRP Slides 7% As Spot XRP ETFs Log Their First Red Day Since Launch ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Is XRP About to Face Huge

Ripple’s XRP Slides 7% As Spot XRP ETFs Log Their First Red Day Since Launch ⋆ ZyCrypto

Is XRP About to Face Huge Selling Pressure? – These 3 Warning Signs Could Send Ripple’s XRP Crashing
Advertisement

U.S. spot XRP exchange-traded funds recorded their first outflow of $40.8 million on Wednesday, breaking a 36-day streak of inflows since their debut. The pullback marked the first daily reversal after XRP ETFs had steadily accumulated assets since their launch on November 13 2025.

Amid the withdrawals, the price of XRP slipped below $2.10 after failing at $2.26, tempering the asset’s strong early-2026 run.

The roughly $41 million net outflow was driven entirely by a $47.25 million redemption from 21Shares’ TOXR. This was partially offset by inflows into other funds, including $2.32 million for Canary’s XRPC and $1.69 million for Grayscale’s GXRP, per SoSoValue data. 

The total assets held by XRP ETFs hover around $1.53 billion, roughly 1.16% of XRP’s $128 billion market cap. This makes the funds one of the strongest-performing crypto exchange-traded products (ETPs).

More Crypto ETF Outflows

XRP funds’ red day coincided with heavy selling across other crypto-tied ETFs. According to SoSoValue data, spot Bitcoin ETFs logged $486.08 million in inflows on Wednesday, their largest withdrawal day since November. Fidelity’s FBTC lost $247.6 million while BlackRock’s IBIT saw $130 million exit the fund.

Advertisement

 

Spot Ether ETFs also flipped negative on Wednesday, registering $99 million in net outflows, led by Grayscale’s ETHE. This marked the first net outflow day for ETH ETFs in 2026, after $457 million in inflows over the first three trading days of the year.

Smaller crypto-based ETFs have performed better comparatively. Products dedicated purely to Solana (SOL) ETFs, for instance, continued to pull in capital, posting modest but steady inflows within the first trading days of January, even as short-term price action remains choppy.

XRP kicked off 2026 as one of the best-performing major cryptocurrencies, bolstered by its positive ETF flows, improving regulatory clarity, and falling exchange balances. However, the first ETF outflow day comes amid a market-wide pullback. At press time, XRP is trading at $2.09, down 7.1% over the past 24 hours, CoinGecko data shows.

Source: https://zycrypto.com/ripples-xrp-slides-7-as-spot-xrp-etfs-log-their-first-red-day-since-launch/

Market Opportunity
XRP Logo
XRP Price(XRP)
$2.0716
$2.0716$2.0716
-1.18%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Synthetix Launches Perpetual DEX with $1M Trading Competition

Synthetix Launches Perpetual DEX with $1M Trading Competition

The post Synthetix Launches Perpetual DEX with $1M Trading Competition appeared on BitcoinEthereumNews.com. Key Points: Synthetix launches Perp DEX with $1 million trading contest. Competition aims to stress-test new platform. Top traders are invited to participate with several rewards. Synthetix is set to launch its perpetual decentralized exchange (Perp DEX) on the Ethereum mainnet in Q4 2025, accompanied by a $1 million trading competition. The launch could boost Ethereum liquidity, attract top DeFi traders, and potentially increase the price volatility of involved tokens, including SNX and ETH. Synthetix Unveils $1M Trading Contest on Ethereum Mainnet The trading contest will attract top DeFi traders, with rewards funded by Synthetix’s treasury. Provisions for multi-collateral support will enhance the platform’s appeal, potentially increasing SNX token activity. Market response has been largely positive, particularly among developers and users on public platforms such as GitHub and Discord. Ethereum (ETH) is currently priced at $4,209.15 with a market cap of $508.06 billion. It holds 13.00% market dominance. CoinMarketCap data indicates a 0.21% price increase over 24 hours, despite a 10.54% drop in trading volume. “Synthetix is building the first high-performance perp to settle directly on Ethereum Mainnet, without the need for bridges or intermediaries. Synthetix mainnet features fast execution, low latency, and on-chain custody that leverages Ethereum’s robust security and liquidity.” – Kain Warwick, Founder, Synthetix Hybrid Model May Boost Institutional Interest in DeFi Did you know? Synthetix’s move to Ethereum Mainnet is a return to its roots, offering direct settlement without intermediaries, paralleling early on-chain derivatives attempts. The Coincu research team highlights that the hybrid model may foster institutional adoption by reducing gas costs. The competition could lead to increased SNX volatility and drive Ether-denominated TVL growth on the mainnet. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 08:35 UTC on September 23, 2025. Source: CoinMarketCap The competition could lead to increased SNX volatility and drive Ether-denominated TVL growth…
Share
BitcoinEthereumNews2025/09/23 16:45
Utah Man Receives 3-Year Sentence For $3M Deceptive Exchange Scheme

Utah Man Receives 3-Year Sentence For $3M Deceptive Exchange Scheme

The post Utah Man Receives 3-Year Sentence For $3M Deceptive Exchange Scheme appeared on BitcoinEthereumNews.com. Crypto Fraud Exposed: Utah Man Receives 3-Year
Share
BitcoinEthereumNews2026/01/16 11:56
Zero Knowledge Proof (ZKP) Set To Explode 3000x, Surpassing POL And Ethereum As The Next Crypto Breakout

Zero Knowledge Proof (ZKP) Set To Explode 3000x, Surpassing POL And Ethereum As The Next Crypto Breakout

Explore Zero Knowledge Proof (ZKP) as it targets 3000x gains, outperforming POL and Ethereum while capturing major attention from crypto investors worldwide.
Share
CoinLive2026/01/16 12:00