$XRP ETFs have broken the bearish trend that ran for over a week, recording daily inflows for the first time since March 4.
The downtrend that has dominated the scene eventually had an impact on the $XRP ETF market this month. For eight consecutive days, $XRP ETFs failed to record any inflow, marking their longest bearish stretch since launch.
However, data indicates that the market has finally flipped the bearish trend, with $XRP ETF products witnessing inflows yesterday for the first time since March 4. Interestingly enough, this comes as the $XRP price records its first daily loss since March 12.
Key Points
- The bearish market condition finally caught up with the $XRP ETF market, as these products failed to log any inflows for eight days.
- During this period, $XRP ETFs witnessed $56.82 million worth of capital outflows, bringing their cumulative total net inflow to $1.2 billion.
- The ETF products have now flipped this trend after more than a week, recently recording $4.64 million in inflows, the first positive flow since March 4.
- Ironically, this positive turnaround comes as the $XRP price prints its first daily loss since March 12, breaking a five-day winning streak.
$XRP ETFs Record First Inflow After 8-Day Bearish Stretch
This is according to data provided by crypto market analytics resource Sosovalue. For context, after recording seven consecutive days of inflows from Feb. 24 to March 4, pulling in $28.25 million worth of capital, the $XRP ETFs witnessed a drop in the bullish momentum, with the trend eventually flipping bearish.
From March 4, these products started seeing capital outflows that erased all the gains picked up during the seven-day bullish stretch. Specifically, the $XRP ETFs recorded eight consecutive days of capital outflows, losing $56.82 million during this period. This dropped their cumulative total net inflow from $1.26 billion to $1.2 billion.
Now, the $XRP ETF products have again flipped the trend, witnessing their first inflow after failing to see any positive figure for eight consecutive days. Notably, $XRP ETFs saw $4.64 million worth of inflows on March 17, bringing the cumulative total net inflow to $1.21 billion. Whether this will mark the start of another inflow trend remains to be seen.
$XRP ETFs Daily Flows | Sosovalue
Bitwise $XRP ETF Drove All Capital Inflows
Interestingly, this latest performance did not reflect a broader shift in momentum across the five existing $XRP spot ETFs. Instead, one product drove the change: the Bitwise $XRP ETF ($XRP). Notably, this fund singlehandedly pulled in the $4.64 million worth of inflows on March 17.
All the other $XRP ETFs, including the Franklin $XRP ETF (XRPZ), the Canary Capital $XRP ETF (XRPC), the Grayscale $XRP Trust ETF (GXRP), and the 21Shares $XRP ETF (TOXR), saw zero flows. Moreover, the outflows recorded on March 16 ($-5.98 million) and March 12 (-$6.08 million) came from TOXR and XRPZ.
$XRP’s Price Performance
Notably, the latest positive turnaround in the ETF market comes amid a bearish flip recorded by the $XRP price. Specifically, after dropping to a low of $1.32 on March 8, $XRP embarked on a recovery campaign alongside the rest of the crypto market.
Within this period, the $XRP price witnessed seven intraday gains in eight days, marking its longest bullish stretch since September 2025. This run led to a price increase of 16.6% from the March 8 low, as $XRP claimed $1.54. When $XRP attempted to recover $1.6 on March 17, it recorded its first intraday loss in six days. The ETF inflow emerged on the back of this loss.
