U.S. spot #xrpetf s posted $40.7M in net outflows on Jan. 7, ending a 6–7 week inflow streak that exceeded $1.2B.
The pullback aligns with a broader crypto ETF risk-off move, as $BTC and $ETH ETFs also saw redemptions.
Outflows were concentrated in one fund (21Shares), while others held flat or saw minor inflows, pointing to rotation rather than capitulation.
$XRP price corrected ~6% to $2.10 after a strong weekly rally, a typical retracement following rapid gains. #WriteToEarnUpgrade #AltcoinSeasonComing?