US Spot XRP ETFs Post First Weekly Outflows in Two Months

US-listed spot XRP exchange-traded funds recorded net outflows of USD 7.18 million for the week of July 6–10, 2026, snapping an inflow streak that had lasted roughly two months. Over the same period, spot Bitcoin and spot Ethereum ETFs reversed their own multiweek outflow runs and returned to net inflows. Spot XRP ETFs hold physical XRP and let investors gain price exposure through standard exchange trading without handling wallets or private keys. Seven products are currently listed in the US, including funds from Bitwise, Franklin Templeton, Canary Capital, Grayscale and 21Shares. The first spot XRP ETF began trading in November 2025, following the SEC’s generic listing standards for crypto spot ETFs issued in September 2025. The SEC’s dispute with Ripple had been resolved in August 2025. Combined net assets across all US spot XRP ETFs stand at USD 996.65 million, just under the USD 1 billion threshold. Since inception, cumulative net inflows total USD 1.48 billion. Bitwise drives nearly the entire weekly outflow The USD 7.18 million weekly net outflow was overwhelmingly concentrated in one fund. The Bitwise XRP ETF saw USD 7.29 million in redemptions, with most of the selling occurring on Wednesday, July 8. The difference between Bitwise’s gross withdrawal and the category’s smaller net outflow reflects modest offsetting inflows and small moves elsewhere. Other major issuers were largely flat. Canary Capital’s XRPC, Franklin Templeton’s XRPZ and Grayscale’s GXRP posted minimal net changes. Only 21Shares’ TOXR registered a small inflow of USD 107,400, insufficient to counter the Bitwise withdrawals. Across all seven products, the week still closed firmly negative. The concentration suggests the move was fund-specific rather than a broad-based exit from XRP exposure. A categorywide selloff would typically show simultaneous outflows across multiple issuers. This week’s pattern points more to reallocation within one product than to a generalized pullback by institutional investors. Bitcoin and Ethereum ETFs return to inflows While XRP ETFs ended the week in the red, the largest crypto ETF categories saw renewed demand. US spot Bitcoin ETFs broke an eight-week outflow streak with net inflows of USD 197 million. BlackRock’s IBIT led the shift, taking in USD 209.4 million on July 6 alone. Even so, the rebound remains modest relative to the preceding drawdown: over the prior eight weeks, spot Bitcoin ETFs saw cumulative net outflows of USD 8.26 billion. The latest inflow offsets only a small portion of that decline, signaling stabilization more than a broad-based return of risk appetite. US spot Ethereum ETFs also turned higher, posting net inflows of USD 84.42 million for the week and ending a roughly eight-week outflow phase. It marked the strongest weekly total since late April 2026. XRP stands out as the only major crypto ETF category to finish negative The shift was not confined to Bitcoin and Ethereum. The reporting week also aligned with a broader reversal across the US ETF market after weeks of net outflows. Smaller crypto categories participated as well: HYPE-based products gathered USD 10.36 million, and Solana ETFs added USD 930,400. Both segments remain substantially smaller than XRP by assets under management. Despite these broader inflows, XRP was the only major crypto ETF exposure to close the week with net outflows. The divergence suggests returning capital was deployed selectively, favoring the most established categories rather than rotating broadly across all crypto ETF assets.