XRP spot ETFs recorded their first weekly net outflow of $406,400 from January 19 to January 23, according to SoSoValue data. The Grayscale XRP ETF (GXRP) led the outflows with $55.3892 million, despite having a total historical net inflow of $232 million. Conversely, the Bitwise XRP ETF saw the largest net inflow of $8.6922 million this week, contributing to its total historical net inflow of $319 million. The total net asset value of XRP spot ETFs stands at $1.36 billion, with an ETF net asset ratio of 1.17%. Cumulatively, XRP spot ETFs have attracted $1.23 billion in net inflows to date.