Key Notes
- U.S.
- XRP ETFs saw a $53M outflow, led by Grayscale’s GXRP.XRP’s price struggles below $2, risking further declines to $1.Crypto market sentiment turned bearish amid geopolitical tensions and macro uncertainty.
The spot XRP ETFs trading in the US experienced their largest single-day outflow, totaling $53 million, as the broader crypto market faces significant selling pressure.
Since their launch in mid-November, Ripple
XRP
$1.94
24h volatility:
1.2%
Market cap:
$118.29 B
Vol. 24h:
$3.70 B
funds had shown strong performance and steady inflows.
However, on January 20, the funds recorded only their second net outflow since inception.
XRP’s price continues to struggle amid market weakness, currently trading at around $1.90.
Spot XRP ETFs Saw Over $53 Million in Outflows
U.S.-listed spot XRP ETFs posted their second net outflow, shedding $53.31 million on January 20, according to data from SoSoValue.
The withdrawals were largely driven by Grayscale’s GXRP ETF, which recorded $55.39 million in redemptions.
In contrast, Franklin’s XRPZ ETF saw $2.07 million in net inflows.
XRP ETFs from Canary, Bitwise, and 21Shares reported no inflows on the day. This marks the second net outflow event this month, following $40.8 million in earlier outflows led by the 21Shares XRP ETF (TOXR).
Spot XRP ETF outflows. | SoSoValue
Apart from the XRP ETFs, crypto ETFs for other digital assets like Bitcoin
BTC
$89 935
24h volatility:
0.6%
Market cap:
$1.80 T
Vol. 24h:
$59.74 B
and Ethereum
ETH
$2 990
24h volatility:
1.3%
Market cap:
$361.63 B
Vol. 24h:
$31.82 B
also saw significant outflows on January 20.
The broader crypto market turned bearish amid rising geopolitical tensions and macroeconomic uncertainties.
XRP Must Reclaim $2 to Avoid Further Losses
Crypto commentator Cilinix warned that XRP remains technically vulnerable while trading below the $2 level.
He argued that the move signals a breakdown from a 14-month trading range.
Cilinix said that unless XRP’s price reclaims $2, the next downside levels to watch are $1.60, $1.25, and $1.00.
He added that the setup could deteriorate quickly if the price fails to recover the former support zone.
After ending 2025 on a weak note, XRP kicked off 2026 with a sharp rally, climbing roughly 31% in six days to a January high of $2.41.
The surge boosted bullish sentiment as XRP outperformed Bitcoin, Ethereum, and Solana
SOL
$130.0
24h volatility:
1.5%
Market cap:
$73.73 B
Vol. 24h:
$5.29 B
.
During this period, it also reclaimed the third spot in market cap, overtaking coins like BNB
BNB
$887.4
24h volatility:
1.7%
Market cap:
$121.02 B
Vol. 24h:
$3.07 B
.
XRP has since retraced a significant portion of those gains. At the time of writing, the token is trading near $1.91, down about 20.7% from its January 6 peak.
XRP briefly fell to $1.84 on January 19, wiping out its year-to-date gains before a rebound lifted its YTD performance to roughly 3.8%.
Bitcoin Hyper Offers 38% Staking Rewards and Smart Contract Support
Bitcoin Hyper, a fast-growing network for Bitcoin, is making waves after raising over $30.8 million.
Investors are flocking to the project thanks to its eye-popping 38% staking rewards and new support for smart contracts.
Bitcoin Hyper Details
- Ticker: HYPER
- Price: $0.013615
- Funds raised: $30.8 million
Bitcoin Hyper (HYPER) is making Bitcoin transactions faster and cheaper, giving users a smoother experience than ever before.
The platform leverages the Solana Virtual Machine (SVM) to deliver high-speed performance and low fees.
It also supports cross-chain interactions with Ethereum and Solana, opening the door to smart contracts and innovative DeFi possibilities. Check out our guide on how to buy Bitcoin Hyper if you want to get started.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
Bhushan Akolkar on X
Source: https://www.coinspeaker.com/xrp-etfs-face-53m-outflow-as-price-battles-2-support/
