$92M ETF Outflows Trigger Breakdown To Critical $1.73 Support
The post $92M ETF Outflows Trigger Breakdown To Critical $1.73 Support appeared on BitcoinEthereumNews.com.
XRP falls 3.73 percent as ETF outflows reach $92.92 million on January 29, the largest single day redemption since launch. Spot outflows hit $18.41 million while price breaks below the $1.80 support zone that held through most of January. Recovery requires reclaiming $1.92, while a close below $1.71 opens downside toward the $1.50 demand zone. XRP price today trades near $1.73 after breaking below the $1.80 support level that has anchored price action since early January. The move follows a record single day ETF outflow and persistent spot selling, placing the token at a critical long term trendline that has defined the 2025 structure. Record ETF Outflows Shake Institutional Positioning XRP Spot ETF Data (Source: SoSoValue) XRP ETFs recorded $92.92 million in net outflows on January 29, marking the largest single day redemption since these products launched. The Grayscale GXRP fund led the selling with $98.39 million in outflows, while Canary and Bitwise saw modest inflows of $2.10 million and $2.41 million respectively. Total net assets across all XRP spot ETFs now stand at $1.21 billion, down from recent highs above $1.39 billion. Cumulative inflows remain at $1.17 billion, but the sharp reversal in daily flows signals that institutional holders are actively reducing exposure. Related: Bitcoin Price Prediction: BTC Risks Further Losses as Market Structure Turns Defensive The timing aligns with broader altcoin weakness and a strong dollar environment that has pulled capital toward traditional safe havens. XRP ETFs had attracted consistent inflows through mid January, making this reversal particularly notable. Spot Outflows Add To Selling Pressure XRP Netflows (Source: Coinglass) Coinglass data shows $18.41 million in spot outflows on January 30, extending a pattern of distribution that has persisted through the past week. The combination of ETF redemptions and spot selling creates a dual pressure that explains the accelerated…
Filed under: News - @ January 30, 2026 3:25 pm