XRP ETFs See First Weekly Outflow as Ripple Falls Below $2

Spot XRP exchange-traded funds ended their longest streak of daily net inflows this week, marking the first weekly outflow since the debut of Canary Capital’s XRPC in November. The shift comes as Ripple’s price slid below $2, wiping out much of its early 2026 gains.

After nearly two months of continuous inflows, the ETFs experienced a record daily outflow of $53.32 million earlier in the week. The shortened trading week, with Monday off for MLK Day, limited investor recovery, and net inflows for the remaining days were modest. Overall, the four-day trading period saw $40.64 million in outflows, reducing cumulative net inflows from $1.28 billion to $1.23 billion.

XRP itself struggled after jumping from under $1.90 to $2.40 at the start of 2026, only to retreat to around $1.90 amid broader market corrections and rising geopolitical tensions. Analysts note that the token is now trading within a consolidation pattern, suggesting a breakout could fuel the next upward move.

Despite bearish sentiment among traders, some data points indicate this pessimism might set the stage for a potential rebound in the near term.