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After posting the longest streak of positive inflows among Wall Street crypto ETFs, spot XRP funds turned negative for the first time on Wednesday, with net withdrawals exceeding $40 million.
Despite breaking this daily series, the Ripple ETF overall ended the week with higher flows, while the price of XRP saw wild swings during the same period.
Net outflows on Wednesday were approximately $40.8 million, marking the first time withdrawals have exceeded inflows since the first XRP fund was launched on November 13.
The Canary Capital (XRPC) fund subsequently set a record for its highest launch day volume in 2025.
Since that date, four more funds have been launched, but XRPC still leads in terms of cumulative net flows after these funds attracted approximately $393.66 million.
This is followed by Bitwise XRP Fund (approximately $292.09 million), Franklin Templeton (XRPZ) ($276.78 million), and Grayscale (GXRP) ($263.43 million).
In comparison, the 21Shares (TOXR) fund was the only fund to underperform overall, losing $7.77 million since launch.
Despite January 7 being a Red Day, this week’s results are still positive.
SoSoValue data shows funds attracted $46.1 million on Monday, $19.12 million on Tuesday, $8.72 million on Thursday and $4.93 million on Friday, bringing the total weekly net inflows to $38.07 million.
As a result, the weekly positive trend has continued for almost two months.
In terms of price levels, continued inflows are helping to support XRP’s recovery.
The currency ended 2025 below $1.90, having had a poor year, but started rising on January 2, gaining around 30% in less than a week.
The stock hit a local peak of $2.41 on Tuesday morning, its highest level in nearly two months, before encountering a strong rejection on the first day of outflows.
XRP is currently struggling to hold above $2.10, with the next support levels centered around $2.00 and $1.90.
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