XRP ETF Faces Significant Net Outflows Pressure in January

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The XRP ETF market experienced a notable capital outflow episode on January 20. According to data from SoSoValue, XRP spot ETF products recorded total outflows of $53.32 million during Eastern Time. This outflow pressure reflects a volatile dynamic in the institutional investment segment in XRP.

Grayscale Leads Fund Outflows

The Grayscale XRP Trust (GXRP) was the primary driver of the outflow movement. In a single day, Grayscale reported a net outflow of $55.39 million, according to information provided by Odaily. This figure is particularly significant considering that Grayscale’s accumulated historical net flows reached $232 million. The behavior of this sizable fund suggests liquidation pressure among its holders.

Franklin Maintains Stability Amid Outflows

Contrasting with the Grayscale situation, the Franklin XRP ETF (XRPZ) showed a different profile. This fund experienced a net inflow of $2.07 million on the same day, demonstrating that not all market pressure affects ETF products equally. Franklin’s accumulated historical net flows amount to $290 million, positioning it as the second most important fund in the segment.

Overall Outlook of the XRP ETF Market

The total assets under management in XRP spot funds stand at $1.34 billion, with XRP participation at 1.16% of total net assets. The accumulated historical net flow across the entire segment has reached $1.22 billion. These numbers position XRP ETFs as established investment instruments, although with fluctuations in institutional investor confidence, as evidenced by the outflows observed during this period.

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