US spot XRP exchange‑traded funds registered their first weekly net outflow in over two months on July 12, 2026, ending an eight‑week inflow streak. Combined assets under management across the seven XRP spot products slipped below $1 billion to approximately $996 million.
A single trading day earlier — July 10 — the ETF complex had pulled in just $107,000 in daily net flows, "a number that reads less like a data point and more like a rounding error," per 24/7 Wall St.
What broke the streak
The June inflow narrative was durable enough that it survived a 20% monthly XRP drawdown. Two forces converged in early July to break it: on‑chain activity for XRP fell into a lower band, and rotation flows shifted toward Bitcoin and Ethereum ETFs as those complexes recovered from the end‑June drawdown.
What to watch
The 970‑million‑token holding across the seven products is a supply overhang against XRP price recovery. If ETF outflows extend for a second week the market will re‑price the ETF wrapper for XRP as reversible in the same way the June Bitcoin ETF prints re‑priced BTC. If flows stabilize, the July 10 print will be treated as a one‑week anomaly.
