XRP Rises 3% Despite First ETF Outflows While BNB Gains on Grayscale ETF Filing

XRP Price Advances Despite Breaking ETF Inflow Streak

XRP surged 2% in a 24-hour period to reach $2.15, even as U.S. spot XRP exchange-traded funds experienced their first net outflow day since launching, with approximately $40.8 million exiting the products ^[1]. The development ended a multi-week streak of continuous inflows that had begun in mid-November 2025 ^[1].

Despite the reversal, cumulative net inflows for XRP ETFs remain robust at roughly $1.2 billion, with total assets under management exceeding $1.5 billion, positioning them among the best-performing crypto exchange-traded products available ^[1]. Market analyst Danny Kunwoong Park noted on social media that the outflow scale remained modest, representing less than 3% of cumulative inflows since the funds' inception ^[1].

The XRP ETF outflows occurred amid broader selling pressure across major cryptocurrency-linked investment products. Spot Bitcoin ETFs recorded $486 million in net outflows, marking their largest daily drawdown since November, while spot Ether ETFs saw $98 million in withdrawals ^[1].

Broader Market Shows Mixed ETF Performance

The shift in flows represented a reversal from strong momentum earlier in the week. Bitcoin ETFs had attracted $471 million on Friday and $697 million on Monday before turning negative with $243 million in outflows on Tuesday, followed by the larger Wednesday decline ^[1]. Ether ETFs followed a comparable pattern, recording inflows early in the week before turning negative ^[1].

Smaller cryptocurrency ETFs demonstrated greater stability during the period. Spot Solana ETFs maintained steady, modest inflows, while Chainlink ETFs moved to neutral flows after several days of modest gains ^[1]. Dogecoin ETFs showed no net movement on Tuesday and Wednesday after beginning the year with inflows of $2.3 million and $1.6 million ^[1].

Technical Analysis Points to Sustained Support

Technical analysis of XRP reveals a transition from sideways trading into a short-term bullish trend. The cryptocurrency broke out from a consolidation zone between $1.80 and $1.95, rallying toward the $2.40–$2.45 resistance area before finding support around $2.05–$2.10 ^[1].

The Relative Strength Index has cooled to approximately 47–53 after reaching overbought levels during the rally, suggesting reduced risk of a sharp decline while leaving room for potential upward movement ^[1]. The key support level remains at $2.00–$2.05, and maintaining prices above this range would preserve the bullish structure ^[1].

BNB Gains Following Grayscale ETF Development

BNB posted a 3.60% gain over the past week, outperforming the global cryptocurrency market, which rose 1% to a market capitalization of $3.195 trillion ^[2]. In the most recent 24-hour period, BNB traded at $895.95 with minimal movement ^[2].

The price action followed Grayscale Investments' registration of a statutory trust for a proposed BNB exchange-traded fund in Delaware on January 8, 2026, according to state records ^[2]. The Wall Street firm's registration represents a procedural step toward formal applications with federal regulators ^[2].

Technical Indicators Suggest Potential BNB Breakout

Following a mid-year rally in 2025 that propelled BNB to an all-time high near $1,369 in October, the asset entered a sustained downtrend within a falling wedge pattern ^[2]. The cryptocurrency now trades within the upper boundary of this wedge formation ^[2].

BNB has crossed above both the 50-day and 200-day Simple Moving Averages, positioned at $871.58 and $895.9 respectively, signaling potential bullish pressure ^[2]. The Relative Strength Index currently sits at 55 after falling from the 60 level, potentially indicating buyers are regaining momentum ^[2].

If buyers push BNB above the $920 resistance and the upper wedge boundary, the next target areas could be previous demand zones around $1,008 and $1,114 ^[2]. The Moving Average Convergence Divergence indicator shows the MACD line crossing above the signal line with green bars building above the neutral line, suggesting increased bullish pressure ^[2].