What developments took place in the spot XRP ETF market last week, and how did XRP’s price perform during that period?
January 7 marked a notable turning point for crypto-focused ETFs on Wall Street, as spot XRP products recorded their first daily outflow in nearly two months. That brief setback, however, proved short-lived, with inflows quickly returning and optimism regaining momentum.
This report breaks down last week’s ETF activity and examines how XRP’s price responded.
XRP ETFs Return to Positive Territory
As previously reported, spot XRP ETFs experienced over $40 million in outflows on January 7, coinciding with XRP briefly surpassing $2.40 for the first time in months. Despite that interruption, sentiment reversed before the week’s close, allowing the funds to finish with net inflows totaling $38.07 million.
Buying pressure remained dominant throughout the following trading week. The funds attracted $15.04 million on Monday, $12.98 million on Tuesday, $10.63 million on Wednesday, $17.06 million on Thursday, and $1.12 million on Friday, according to SoSoValue data. In total, the all-green week delivered net inflows of $56.84 million.
Canary Capital’s XRPC continues to lead the pack, although its advantage has narrowed. Cumulative inflows into XRPC now stand at $397.04 million, while Bitwise’s XRP ETF has reached $310.48 million. Franklin Templeton’s XRPZ follows with $288.08 million, closely trailed by Grayscale’s GXRP at $287.18 million. Meanwhile, 21Shares’ TOXR remains the only XRP ETF posting net outflows, totaling $7.77 million.
XRP Price Struggles to Gain Momentum
Despite consistent ETF inflows and strong institutional demand, XRP’s price has not followed suit. The token is down approximately 1% since last Saturday and is trading below $2.10 at the time of writing. It has also slipped to fifth place by market capitalization, overtaken by BNB, which posted weekly gains exceeding 4%.
Even so, market analysts remain optimistic, suggesting that XRP’s current consolidation phase may precede a stronger move higher. Some have even floated aggressive short-term price targets as high as $10, though such projections appear disconnected from both AI-based modeling and broader market fundamentals.
On a more encouraging note, whale activity has turned positive again. Large holders accumulated over 50 million XRP in the past week, reversing a prolonged selling trend that began in October, during which billions of tokens were offloaded.
