{"id":70050,"date":"2026-01-30T13:01:35","date_gmt":"2026-01-30T13:01:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=70050"},"modified":"2026-01-30T13:01:35","modified_gmt":"2026-01-30T13:01:35","slug":"xrp-plunges-3-as-etfs-bleed-record-93m-what-is-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=70050","title":{"rendered":"XRP Plunges 3% As ETFs Bleed Record $93M: What Is Going On?"},"content":{"rendered":"<div>\n<p><strong>XRP <\/strong><a class=\"ticker-link\" data-ticker=\"XRP\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/XRP-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>) spot ETFs on Thursday suffered their largest single-day outflow, with $93 million in net redemptions on Thursday, as XRP dipped to $1.80 on Friday morning.<\/p>\n<h3 class=\"wp-block-heading\">Record ETF Outflows Driven By Grayscale<\/h3>\n<p><strong>Grayscale&#8217;s GXRP <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/GXRP\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"GXRP\" data-exchange=\"NYSE\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/GXRP\">GXRP<\/a>) drove the selloff with $98.39 million in redemptions, overwhelming modest inflows from other funds.<\/p>\n<p><strong>Canary&#8217;s XRPC<\/strong> <a class=\"ticker-link\" data-ticker=\"XRPC\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/XRPC\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/XRPC\">XRPC<\/a>) and <strong>Bitwise&#8217;s XRP ETF <\/strong><a class=\"ticker-link\" data-ticker=\"XRP\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/XRP\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/XRP\">XRP<\/a>) recorded $2.10 million and $2.41 million in daily inflows, respectively.<\/p>\n<p>Despite the heavy redemptions, XRP spot ETFs saw $71.48 million in total value traded, indicating strong market participation.<\/p>\n<p>As a result, total XRP spot ETF assets fell to $1.21 billion, down from $1.39 billion in the prior session, marking a $180 million single-day decline.<\/p>\n<h3 class=\"wp-block-heading\">Price Action Shows Mounting Pressure<\/h3>\n<figure ...>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/01\/50261948\/xrp-plunges-3-as-etfs-bleed-record-93m-what-is-going-on?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"XRP\" plunges as etfs bleed record what is going on>Full story available on Benzinga.com<\/a><\/p>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP (CRYPTO: XRP) spot ETFs on Thursday suffered their largest single-day outflow, with $93 million in net redemptions on Thursday, as XRP dipped to $1.80 on Friday morning. Record ETF Outflows Driven By Grayscale Grayscale&#8217;s GXRP (NYSE:GXRP) drove the selloff with $98.39 million in redemptions, overwhelming modest inflows from other funds. Canary&#8217;s XRPC (NASDAQ:XRPC) and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-70050","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/70050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70050"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/70050\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}