XRP Slips 1.07% to $1.09 as ETF Outflows and Falling Open Interest Weigh on Market Sentiment

XRP fell 1.07% to $1.09 on July 13, 2026, extending recent softness in the token. The decline follows a $7.29 million net outflow from spot XRP ETFs on July 8, the weakest single day since March. Futures open interest slipped 0.70% to $2.34 billion, while futures trading volume dropped 33.19% to $1.34 billion. That combination points to fading conviction among both institutional and derivatives traders. XRP now trades well below its 2026 high, with $1.06 acting as a key near-term support level.

Breaking Down the XRP ETF Outflow Data

XRP’s Bitwise ETF fully absorbed the $7.29 million net redemption recorded on July 8, 2026. That single day snapped a stretch of relative calm across XRP-linked investment products. The fund group entered July down $2.66 million for the month after that outflow. Despite the setback, cumulative net inflows across all approved XRP spot ETFs still total roughly $1.40 billion since their November 2025 launch. 

As of July 13, 2026, seven XRP spot ETFs trade in the United States with combined assets under management near $1 billion.

• July 8 net outflow: $7.29 million, the weakest single day since March.
• Month-to-date flows: down $2.66 million for July 2026 so far.
• Cumulative inflows since launch: approximately $1.40 billion across all funds.
• Current combined AUM: near $1 billion across seven US spot ETFs.

$XRP at $1.07 (-1.9%)$XRP Spot ETFs just recorded their first weekly net outflow of $7.18M, led by Bitwise.

This comes as Ripple CEO Brad Garlinghouse highlighted how close the company came to shutting down after the long SEC battle.

Price took a 2.45% hit in 24h. Watching…

— ϻɪɴᴅo (@TradeWithMindo) July 13, 2026

Why Falling Open Interest Signals Caution

XRP futures open interest declined 0.70% to $2.34 billion during the recent session. Futures trading volume fell more sharply, down 33.19% to $1.34 billion over the same period. That drop suggests traders are unwinding leveraged positions rather than adding fresh exposure. 

Short liquidations totaled $658,210 over 24 hours, outpacing long liquidations of $365,200. Binance data still shows a long/short ratio near 2.72, meaning retail traders remain net bullish despite the pullback.

Key Derivatives Metrics to Watch

• Futures open interest: down 0.70% to $2.34 billion.
• Futures trading volume: down 33.19% to $1.34 billion.
• Short liquidations: $658,210 over the past 24 hours.
• Binance long/short ratio: 2.72, favoring bullish retail positioning.

Technical Levels Shaping XRP’s Near-Term Path

XRP’s chart shows a possible bearish flag pattern forming after its recent slide from around $1.14. Chart analysts have flagged $1.04 as a potential downside target if the pattern completes. Support currently sits near $1.06, with the token consolidating in a tight range close to $1.096. Resistance for short covering sits between $1.11 and $1.22, based on recent liquidation cluster data. A decisive move above $1.10 could trigger renewed short covering across the futures market.

Regulatory and Supply Factors Still in Play

The CLARITY Act, a key regulatory catalyst for XRP, missed its expected July 4, 2026 target in the Senate. Traders are now watching the next legislative window for renewed progress on the bill. XRP exchange reserves have fallen to a seven-year low near 1.6 billion tokens, down roughly 50% from October 2025’s peak of 3.76 billion. That declining exchange supply could reduce selling pressure if demand strengthens again. ARK Invest recently allocated 19.88% of its CoinDesk 20 ETF to XRP, making it the fund’s third-largest holding.

Final Thoughts

XRP’s slip to $1.09 reflects a market digesting fresh ETF outflows alongside cooling derivatives activity. The 0.70% drop in open interest and steep 33.19% decline in futures volume both point to reduced trading conviction right now. With $1.06 support in focus and the CLARITY Act still pending in the Senate, XRP’s next move will likely hinge on whether institutional flows turn positive again.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.