XRP ETFs Record $7.29 Million Outflow in Largest Single-Day Redemption Since March

Key Highlights

Table of Contents

Exchange-traded funds tracking XRP experienced a $7.29 million net redemption on July 8, representing one of the steepest daily declines in 2026.
Bitwise’s XRP exchange-traded product accounted for the entire daily withdrawal with no corresponding redemptions from competing funds.
The redemption broke a two-day streak of neutral trading activity that showed zero net movement.
Total aggregate inflows for approved XRP ETFs held steady around $1.40 billion following the withdrawal.
The July 8 redemption remained significantly smaller than the $93 million outflow observed on January 29.

Exchange-traded funds tracking XRP experienced one of their most significant single-session withdrawals of 2026 during the July 8 trading period. The collective products registered $7.29 million in net redemptions throughout the session. This withdrawal interrupted a brief window of neutral flow activity within the fund category.

Bitwise Product Accounts for Complete Daily Withdrawal

The entire withdrawal from XRP exchange-traded funds originated from a single provider. Bitwise’s XRP product registered the complete $7.29 million redemption figure. None of the competing funds within this category reported comparable daily withdrawals.

This development represented the most substantial daily redemption for these products since March. The situation illustrated how a single fund can influence the overall flow metrics for the entire category. The withdrawal remained modest when viewed against Bitwise’s historical accumulation patterns.

Following this session, Bitwise’s total net inflow position reached $494 million. This figure maintained the fund’s position as one of the leading XRP-linked products measured by historical investor demand. The broader XRP ETF category preserved a substantial inflow foundation despite this mid-week withdrawal.

Monthly Trading Pattern Demonstrates Abrupt Shift

XRP exchange-traded funds had recorded zero net movement during both July 6 and July 7. These neutral sessions came after a more dynamic beginning to the month. The July 8 withdrawal interrupted this brief period of stability.

The funds registered $6.55 million in net contributions on July 2. This positive activity came after a smaller $1.86 million withdrawal on July 1. The pattern revealed varied daily performance before the more substantial July 8 redemption occurred.

The final week of June delivered stronger contribution momentum into this market segment. The funds collected $15.34 million on June 29 and $15.63 million on June 26. XRP exchange-traded funds therefore began July with recent positive flow momentum.

Total Aggregate Contributions Maintain Positive Territory

XRP ETFs maintained approximately $1.40 billion in total aggregate net contributions across all approved products. This cumulative figure positioned the recent outflow within a broader context of sustained positive flows. The July 8 withdrawal reduced this total without eliminating previous investor demand.

The recent decline remained substantially below the January 29 withdrawal. During that trading session, the funds experienced $93 million in redemptions. That earlier movement continues to serve as the primary benchmark for 2026 withdrawal activity.

XRP exchange-traded funds concluded the July 8 session with a pronounced daily withdrawal. Bitwise accounted for the complete redemption amount, while overall cumulative contributions remained in positive territory. The data revealed a sudden single-day reversal occurring within an otherwise positive annual flow pattern.

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