XRP ETF Debut Sees $15.5M Weekly Outflow Amid Sell-the-News
In its first full week, the XRP ETF recorded a $15.5 million net outflow, marking the largest weekly reversal since institutional inflows resumed last year. The sell-the-news event for the XRP ETF came despite a strong launch: the ETF pulled in $243 million in cash and in-kind flows after debut and reached a $58 million trading volume, outperforming Solana’s spot ETF launch.
Over the past 12 months, XRP ETPs attracted roughly $2 billion, driving XRP’s price from $0.50 to $3.50. However, CoinShares data shows the broader ETP market logged $2 billion in outflows, led by Bitcoin ($1.38 billion) and Ethereum ($689 million), with XRP’s $15.5 million redemptions occurring alongside policy uncertainty and crypto-native selling.
The pattern suggests investors treated the XRP ETF launch as a sell-the-news trigger rather than a long-term entry point. If crypto ETP outflows persist, further downward pressure on XRP could follow. Traders should monitor institutional flows and ETF data for signals on market stability and potential buying opportunities.
Bearish
The $15.5 million outflow from the XRP ETF in its first full week signals a classic sell-the-news scenario, as investors locked in gains after the high initial liquidity and volume. Similar patterns appeared when other crypto ETFs launched, where early hype led to short-term redemptions before longer-term allocations resumed. The simultaneous $2 billion ETP market outflow—driven by Bitcoin’s $1.38 billion and Ethereum’s $689 million—underscores a broader risk-off mood amid policy uncertainty and crypto-native selling. In the short term, XRP may face continued pressure if institutional outflows persist. However, if inflows rebound, the sell-the-news setback could set the stage for renewed buying, making flow data and ETF performance key indicators for both trend reversal and entry points.