$17 million outflow from XRP ETF—Is the 12% correction just temporary?

Ripple (XRP) surged nearly 15% in early 2026, but on-chain data shows the rally is cooling down. Short-term holders reduced their XRP supply share from 5.7% to 4.9% within a week, aligning with the 13% pullback from the $2.4 high. This profit-taking led to approximately $400 million in open interest (Open Interest) being wiped out and triggered the first-ever $17.72 million outflow of funds from XRP ETFs. However, Ripple’s strategic initiatives demonstrate strong fundamentals: acquiring Slovexia to automate payments and establishing potential partnerships with AWS to integrate XRPL. Given that DeFi total value locked (TVL) grew 30% in the first week of 2026, this correction may be just a temporary fluctuation, and genuine application adoption will drive its growth momentum.

XRP0.04%
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