BULLISH 📈 : XRP ETFs Hit Record Trading Volumes Amid Market Downturn

Despite a significant outflow, Spot XRP ETFs have seen record trading volumes and new inflows. This is unexpected given the recent drop in XRP's price and the broader market downturn.

XRP ETFs Performance

XRP ETFs experienced a $92.9 million outflow on January 29, 2026, the largest since their launch.
The outflow was mainly due to Grayscale's GXRP losing $98.39 million, offset by inflows into Franklin Templeton's XRPZ, Bitwise’s XRP ETF, and Canary’s XRPC.
Total net assets of XRP ETFs fell from $1.39 billion to $1.21 billion, with a slight recovery to $1.19 billion after a $16.79 million daily inflow.
Spot XRP ETFs achieved record trading volumes, rising from $2.15 billion to $2.23 billion one day after the outflow.
Bitwise’s XRP ETF led in trading volume, followed by Grayscale’s GXRP, Franklin Templeton’s XRPZ, Canary’s XRPC, and 21Shares TOXR.
Total Assets Under Management (AUM) for XRP ETFs declined from $1.48 billion to $1.32 billion post-outflow.

XRP Price Trends

XRP's price has dropped over 11% in the past week and more than 3% in the last 24 hours, now around $1.69.
XRP has fallen over 15% from its previous $2 level.
Daily trading volume decreased by more than 26.6%, reflecting declining trader confidence.
The Fear and Greed Index indicates extreme fear in the market, affecting major digital assets.