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    Home»Cryptocurrency»Another XRP ETF Streak Ended This Week as Ripple’s Price Slumps Below $2
    Cryptocurrency

    Another XRP ETF Streak Ended This Week as Ripple’s Price Slumps Below $2

    By January 24, 2026No Comments3 Mins Read
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    Tuesday was the worst buying and selling day for the ETFs since their inception.

    After shedding the longest day by day internet influx streak for any cryptocurrency-based ETF on January 7, the spot XRP exchange-traded funds have marked their first week with extra internet outflows, bringing one other period to an finish.

    The underlying asset has additionally suffered throughout the similar timeframe, dropping under $2.00 and erasing a lot of the early 2026 beneficial properties.

    Weekly Outflows Dominate

    As reported on the time, the spot XRP ETFs registered their first crimson day on January 7 after being on an enormous roll that continued almost two months, because the first one, Canary Capital’s XRPC, debuted on November 13. However, that week nonetheless ended with extra internet inflows as buyers managed to offset the one-day losses.

    The following buying and selling week was all green, with nearly $57 million getting into the funds. Nonetheless, the primary buying and selling day of the earlier week introduced all that to an finish, as buyers pulled out $53.32 million, the most important day by day internet outflow ever for the XRP ETFs.

    Given the truth that it was a shorter buying and selling week, with Monday being MLK Day within the US, buyers didn’t rally and make up the losses. The online inflows for January 21 have been simply $7.16 million, adopted by much more modest $2.09 million on Thursday, and $3.43 million on Friday.

    Information from SoSoValue reveals that the online outflows for the four-day buying and selling interval stand at $40.64 million, making it the primary crimson week since XRPC noticed the sunshine of day. The cumulative internet inflows have additionally declined from a peak of $1.28 billion to $1.23 billion.

    XRP ETF Flows on SoSoValue

    XRP Suffers

    After skyrocketing in the beginning of 2026 from beneath $1.90 to $2.40, XRP was rapidly rejected and pushed south to $2.10, the place it spent a number of days. Nonetheless, the broader market’s correction prompted by the rising geopolitical pressure introduced it to its beginning positions of round $1.90 as of press time.

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    Analyst CW believes the worth strikes over the continued weekend could be essential for the asset’s near-term efficiency, particularly because it has returned “throughout the convergence after a pretend breakout.” They famous that XRP can lastly rally however solely after it breaks out of its present sample.

    $XRP is again throughout the convergence after a pretend breakout.

    The motion over the weekend is essential.

    A breakout of this sample indicators a rally. https://t.co/pYP2cHQNpb pic.twitter.com/b3I3RVg75d

    — CW (@CW8900) January 24, 2026

    Current knowledge from Santiment shows that merchants have turned bearish on Ripple’s native token. Nonetheless, their evaluation reveals that this might truly be a blessing in disguise that might result in a worth surge within the close to future.

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