Key Takeaways:
- XRP ETFs held $996.65M in net assets as of July 10
- The 9-week inflow streak ended with $7.29M in outflows on July 8
- Extreme negative funding rates hint at a potential reversal
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XRP ETFs near $1B as 9-week inflow streak ends
XRP ETFs held $996.65 million in net assets on July 10, just $3.35 million shy of $1 billion, as a nine-week inflow streak ended.
"The near-$1 billion threshold is a strong validation signal for XRP ETFs, but the end of the streak suggests institutional demand is cooling," said Nina Volkov, crypto markets analyst at Edgen.
Lifetime inflows stand at $1.48 billion. The streak broke on July 8 when US spot XRP ETFs posted a $7.29 million net outflow, the largest single-day withdrawal since March, according to SoSoValue data. The weekly picture turned negative as well — XRP ETFs posted a red week that ended nine consecutive weeks of positive flows, while Bitcoin and Ethereum ETFs swung positive over the same period.
The $1 billion mark is a psychological milestone that could attract renewed institutional interest, but the flow reversal raises questions about near-term demand. XRP traded near $1.10, down about 70% from its July 2025 high, and extreme negative funding rates on Binance have drawn attention from analysts who see such conditions as a possible setup for a rebound.
On-chain activity on the XRP Ledger has also weakened. Santiment recorded 25,350 active wallets, the second-lowest daily reading of 2026, while new wallet creation fell to 2,130, the weakest level since November 2024. XRP futures open interest on Binance dropped to roughly 397 million XRP, the lowest in more than three months, a decline that points to reduced trader participation in the derivatives market.
Despite the bearish signals, analyst Darkfost flagged a contrarian angle. XRP funding rates on Binance, aggregated over 30 days, have reached extreme negative levels. A comparable setup in April 2025 near $1.25 was followed by a 126% rally. "When such a strong consensus forms, especially after a correction on the order of 70%, it is often a sign that a potential reversal may be developing over the medium term," the analyst said.
For now, spot flows rather than leverage may steer XRP's price. The next decisive move likely depends on whether catalysts such as growth in RLUSD, tokenized assets, or payment use cases revive on-chain activity.
This article is for informational purposes only and does not constitute investment advice.
[1] XRP ETFs Brush Against $1 Billion in Assets as 9-Week Inflow Streak Comes to an End[2] XRP Demand Cools Across 3 Metrics, but Funding Hints at Rebound[3] XRP stuck at $1.10 while the 9-week ETF inflow streak wobbles: What is happening?[4] XRP ETF Outflows Hit 2026 High as Institutional Appetite Fades Fast[5] US spot XRP ETFs near $1B in assets after 9 wee... - Pluang
