u.today
$XRP exchange-traded fund (ETF) has recorded the largest outflow in the last 24 hours as investors dump the asset amid market volatility. SoSoValue data indicate that investors pulled in about $92.9 million of the $XRP ETF market within this time frame, as more traders sold than bought the asset.
$XRP price falls amid institutional selling pressure
Notably, the move signals sharp institutional pullback from $XRP exposure through the ETFs. It marks the highest amount of money leaving within a 24-hour time frame for the $XRP ETF. It suggests unusual selling pressure among institutional holders and a potential loss of confidence in the future outlook of the fund.
The development comes as $XRP’s price on the broader crypto market plunged by a significant 6.42% within this period. This caused $XRP to slip in price from an intraday peak of $1.87 to $1.73. It extends the coin’s weekly loss of 8%, further complicating the bearish outlook.
As of press time, $XRP is changing hands at $1.74 with the fluctuations persisting. The trading volume has climbed by 67.58% to $5.16 billion, but most of this is sell-offs rather than accumulation, as per market indications.
$XRP breaching the $1.80 support was an indication to traders and investors alike that the coin was plunging deeper into bearish territory. The massive offload of the $XRP ETF by institutional investors is amplifying the selling pressure for the coin.
$XRP long-term holders will have their eyes on the $XRP ETF market for a possible inflow to kick start February. A return of institutional interest might be key to price reversal in the coming days.
$XRP weak momentum and outlook
The technical chat shows that $XRP’s Relative Strength Index (RSI) is at 36.43. While this suggests bearish momentum, the asset has not slipped into oversold territory yet. The faster it does, the more likely is a rebound in price.
Interestingly, the $XRP ETF had a good run earlier in January, with its combined stack on both the open market and institutional demand hitting $1.18 billion. Various asset managers jostled for the asset, with Franklin’s XRPZ leading with a total of $252.31 million.
The increased interest likely spilled from December 2025, when $XRP flipped Bitcoin on ETF demand. Notably, in the last week of the month, $XRP pulled in $70.2 million against Bitcoin’s $443 million outflow.
Now, investors might have to wait for a big break to see such fantastic performance with $XRP, possibly in February.