Crypto ETFs start 2026 with XRP strength, BTC weakness

Crypto ETFs start 2026 with XRP strength, BTC weakness
Bitcoin and Ethereum ETFs lose $750M as XRP shines

The first full week of 2026 delivered mixed results for crypto ETFs. While XRP ETFs posted record weekly trading volumes, Bitcoin and Ethereum funds faced combined outflows of $750 million.

During the first trading week of 2026, spot Bitcoin ETFs recorded outflows of $681 million, while spot Ethereum ETFs saw $68.6 million in net outflows. In contrast, XRP ETFs continued to attract capital, posting net inflows of $38.1 million and recording their highest weekly trading volume since launch at $219 million. Spot SOL ETFs also reported net inflows over the week.

According to SoSoValue, spot Bitcoin ETFs experienced outflows for four consecutive days from January 6 to January 9, totaling $681 million for the week. This occurred despite a strong start on January 5, when funds attracted $697.3 million — the only positive flow day of the week. The largest single-day outflow was recorded on January 7, reaching $486.1 million.

The biggest hit came to the industry-leading BlackRock IBIT fund, which saw $252 million in outflows on January 9. Bitwise’s BITB recorded a more modest outflow of $5.9 million, while Fidelity’s FBTC stood out by attracting $7.9 million on the same day.

ETF data stream as of January 9. Source: Lookonchain

Currently, 12 spot Bitcoin ETFs manage $116.9 billion in net assets, representing 6.48% of Bitcoin’s market capitalization. Since their launch in January 2024, these funds have accumulated total net inflows of $56.4 billion.

Second half of the week erases early gains

Spot Ethereum ETFs performed slightly better in percentage terms but still ended the week with net outflows of $68.6 million, according to SoSoValue. The funds began the week with strong inflows of $168.1 million on January 5 and $114.7 million on January 6, but total outflows of $351.4 million over the final three trading days wiped out those gains.

BlackRock’s ETHA led Ethereum ETF outflows with $83.8 million on January 9, followed by Grayscale’s ETHE with $10 million. Currently, nine spot Ethereum ETFs manage $18.7 billion in net assets, representing 5.04% of Ether’s market capitalization.

XRP ETFs set trading volume record

Unlike their Bitcoin and Ethereum counterparts, the five spot XRP ETFs continued to attract capital in their early months of trading. According to SoSoValue, for the week ending January 9, the funds recorded net inflows of $38.1 million and reached a record weekly trading volume of $219 million.

This figure nearly doubled the previous week’s $117.4 million and exceeded the $213.9 million recorded during the week ending December 19, 2025 — the second-highest level on record. The milestone highlights growing institutional interest in XRP ETFs despite broader weakness across crypto ETF markets.

Canary Capital’s XRPC leads the segment with $375.1 million in assets under management, followed by Bitwise’s XRP fund with $300.3 million and Franklin Templeton’s XRPZ with $279.6 million. Grayscale’s GXRP manages $271.2 million, while 21Shares’ TOXR rounds out the list with $246.9 million.

According to The Block, since their launch in mid-November 2025, XRP ETFs have attracted a total of $1.22 billion in net inflows, with combined net assets reaching $1.47 billion — representing 1.16% of XRP’s market capitalization.

Meanwhile, spot SOL ETFs also posted positive weekly inflows, attracting $41.1 million during the first full trading week of 2026. Bitwise’s BSOL continues to dominate the segment with $648.1 million in net inflows, while Fidelity’s FSOL has attracted $131.4 million.

As we wrote, Bitcoin ETFs reverse early gains with heavy weekly outflows

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.