XRP has recorded one of its largest exchange outflow days of 2026, while US spot XRP ETFs continue to attract steady institutional demand. Santiment data shared on X showed 34.94 million XRP leaving exchanges in 24 hours, the sixth-largest daily outflow this year. At the same time, SoSoValue data showed US spot XRP ETFs holding $1.08 billion, equal to 1.23% of XRP’s total supply.
Santiment said the XRP Ledger saw 34.94 million XRP in total exchange outflows within one day. The analytics firm described it as the sixth-largest 24-hour outflow period of 2026.
The chart, sourced from Santiment’s Sanbase platform, tracked XRP price action and total exchange outflows from late December 2025 to April 24, 2026. The latest spike appeared near XRP’s $1.48 level on the chart.
Santiment also said that “historically, these large outflow days have corresponded with upcoming bullish price action.” That statement placed the latest movement within a broader pattern seen in earlier outflow spikes.
Exchange outflows often draw attention because they show tokens leaving trading platforms. This can point to holders moving assets into private wallets or longer-term storage.
Still, outflows alone do not confirm a rally. XRP’s next direction still depends on market liquidity, demand, and whether buyers can sustain pressure near key price levels.
While exchange outflows rose, SoSoValue data showed that US spot XRP ETFs now hold $1.08 billion in assets. That equals 1.23% of XRP’s total supply. The funds also recorded $3.89 million in one-day inflows, led mainly by the Franklin Templeton XRP ETF, XRPZ. The broader April figure stood above $75 million in net inflows.
The data also showed no meaningful outflows since April 9, except for a minor $661,000 dip. This steady flow pattern pointed to continued allocation through regulated market products.
One market observer said, “XRP ETFs quietly pulling in $75M in April while everyone watched BTC and ETH… that disconnect doesn’t usually last long.” The comment came as XRP’s price remained quiet despite steady fund demand.
At the same time, Tuttle Capital filed for an XRP Income Blast ETF. The filing added another sign of expanding institutional products tied to XRP exposure.
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XRP’s price action has remained compressed, even as ETF assets and exchange outflows show stronger activity. The token has traded sideways for several weeks after earlier declines.
That gap has made XRP a closer focus for traders tracking supply movement and institutional demand. The main question now is simple: Can steady ETF inflows and large exchange withdrawals translate into stronger price action?
Recent data also showed about $6.44 million in fresh XRP ETF buying. That pushed total XRP ETF assets closer to the $1.1 billion level. The billion-dollar mark carries weight because the funds were launched only months ago. Several major issuers now offer XRP exposure through traditional market products.
For now, the data shows two clear developments. Large XRP balances are leaving exchanges, while institutional ETF demand continues to grow with limited outflows.
XRP recorded 34.94 million tokens in exchange outflows as spot XRP ETFs climbed to $1.08 billion in assets. Santiment linked large outflow days to historically bullish price action, while ETF inflows showed steady institutional demand. Traders may now watch whether this demand turns into stronger XRP price momentum.