The impressive run of spot cryptocurrency ETFs has come to a halt, marking the end of nearly two months of uninterrupted gains. The first red day for spot XRP exchange-traded funds was recorded on January 7, as the asset's price saw a significant decline. The source reports that this downturn has raised concerns among investors about the future performance of these financial products.
Launch of the First Spot XRP ETF
The streak of positive performance began with the launch of the first spot XRP ETF by Canary Capital on November 13, 2025. This innovative financial product attracted approximately $1 billion in investments within just over a month, consistently outperforming its crypto ETF counterparts.
Recent Withdrawals and Market Impact
However, recent data indicates that investors withdrew $40 million from these funds, bringing the total net inflows down to $120 billion.
Analysts' Outlook on XRP
Despite the recent downturn, analysts maintain a bullish outlook on XRP's long-term potential. They suggest that the asset may rebound in the future.
As the market grapples with the recent downturn in spot XRP ETFs, XRP itself is facing challenges in maintaining its upward momentum, slipping into a bearish zone. For more details, see the full report here.
