U.S. spot XRP (CRYPTO: XRP) ETFs reported their first net outflows on Wednesday, ending a 36-day streak as $40.8 million exited, led by $47.25 million leaving the 21Shares XRP ETF (CBOE: TOXR).

First Red Day Since November Launch

The outflows mark a notable shift after XRP ETFs accumulated $1.25 billion in total net inflows since the Canary XRP ETF (NASDAQ:XRPC) launched on Nov. 13, 2025.

The $40.8 million outflow represents approximately 3% of cumulative inflows since launch.

21Shares’ TOXR saw $47.25 million move out, while funds from Canary, Bitwise, and Grayscale saw comparatively small net inflows of around $2 million each, partially offsetting the exodus.

Rachael Lucas, BTC Markets…

Read more on Benzinga