2026-01-08 10:30:25

XRP ETF sees initial capital outflow as investors start exiting positions. On the first trading day since product launch, ETF clients have liquidated approximately $40.8 million worth of XRP holdings. The outflow marks a notable shift in investor sentiment, signaling potential profit-taking or strategy adjustments among early fund participants. Whether this represents healthy profit-taking or broader bearish momentum remains to be seen as the product establishes its trading pattern.

XRP-0,04%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
7
Repost
Share

Comment

0/400

DefiEngineerJack

· 3h ago

lmao $40.8M outflow on day one? actually™ if you parse the transaction mechanics here, this is just rational actors doing what rational actors do—lock in gains before the institutional money realizes what they're actually buying into

Reply0

TokenStorm