Crypto Potato
2026-01-31 14:12:46

What Happened to the XRP ETFs Last Week as Ripple’s Price Tumbled to $1.70?

The spot XRP ETFs had a spectacular initial couple of months, in which they attracted over $1 billion and were almost entirely in the green every trading day. Although this streak was broken on January 7, the funds have seen all in all three trading days with more net outflows than inflows. However, one of those days was last week, and it was quite violent. What Happened Last Week? The first three trading days of the previous business week were quite modest but positive for the XRP Army. The five financial vehicles tracking the performance of Ripple’s cross-border token attracted $7.76 million on Monday, $9.16 million on Tuesday, and $6.95 million on Wednesday. The tides turned on Thursday, though, when the entire cryptocurrency market bled out after the US Federal Reserve paused the interest rate cuts, and the POTUS dispatched some of its naval forces into the Middle East. XRP investors went hard on a withdrawal spree and pulled out $92.92 million out of the funds, according to data from SoSoValue. Although Friday was more positive, with $16.79 million entering the funds, the week still ended in the red due to developments on Thursday. Overall, the ETFs lost $52.26 million during the week, making it the worst since the first XRP fund, Canary Capital’s XRPC, saw the light of day in mid-November. The cumulative net inflows have declined from a $1.26 billion peak on Wednesday to $1.18 billion on Friday’s close. XRP Price Slip The aforementioned withdrawals from the ETFs alongside the overall crash in the broader market brought Ripple’s coin to its knees in the past week. XRP is down by over 11% since the previous weekend and dumped to $1.70 earlier this week, which became its lowest position since the early October meltdown when the token dipped below $1.60 on most exchanges. Nevertheless, some analysts remain optimistic about an upcoming rebound. Ali Martinez, for instance, noted that the probability for such a comeback in the following days is quite high, as long as the asset remains above the current $1.70 support. Moreover, he justified his prediction with the TD Sequential, which has just flashed a buy signal. The TD Sequential is flashing a buy signal for $XRP , with a rebound scenario intact as long as $1.70 holds. pic.twitter.com/bwX26SCGy6 — Ali Charts (@alicharts) January 30, 2026 The post What Happened to the XRP ETFs Last Week as Ripple’s Price Tumbled to $1.70? appeared first on CryptoPotato .

Ricevi la newsletter di Crypto
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta