"The first net outflows from U.S. spot XRP ETFs represent a notable shift," BTC Markets Crypto Analyst Rachael Lucas told The Block. "However, the scale is modest, less than 3% of cumulative inflows since launch."

Lucas said the outflows appear to be a result of profit-taking after XRP recently rallied to $2.40 from $1.80 in a week, combined with a broader market pullback.

"On-chain indicators, including historically low exchange reserves and elevated transaction volumes, continue to signal underlying strength," Lucas said. "If inflows resume, XRP could retest the $3 level."

Read the full article on The Block Crypto, published on 8 January 2026:

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