The first red month and no flow days

Meanwhile, the underlying asset is down 3% weekly and continues to struggle at the $1.30 support level.

Spot exchange-traded funds tracking the performance of the cross-border Ripple token continue to hit new lows, having just finished their first month in the red in March.

The scene becomes even more worrying when we examine the details, while XRP is currently losing the battle for fourth place to BNB.

XRP ETFs fail

After years of anticipation, the first XRP ETF (XRPC by Canary Capital) has been released. It was a very successful debut daybreaking launch day trading volume for 2025. Four other products followed suit, attracting more than $1 billion in about a month. Furthermore, they didn’t have a single red day in terms of net flows for almost two months before that streak exploded on January 7th — something even BTC and ETH ETFs couldn’t do.

In November and December, they earned $666.61 million and $500 million, respectively. The pre-launch hype appears to be justified. However, the next two months were more decentThis may be driven by rapidly escalating global tension. January recorded only $15.59 million in net flows, while February saw $58.09 million.

The situation worsened in March as tensions resulting from the war skyrocketed, oil prices rose, and uncertainty crept into all financial markets. Investors I withdrew $31.16 million worth of XRP spot ETFs, making it the first red month since their launch in November last year.

Even more worrying is the fact that there have been several days without any reportable inflows at all. 8 of the 22 trading days have $0.00 against them on SoSoValue, clearly showing that demand has disappeared.

XRP is in danger

Amid this ongoing exodus of investors from ETFs, the underlying assets were expected to underperform, falling more than 3% weekly. Moreover, Ripple (XRP) now stands below the desired support level of $1.30, which, if lost decisively, could lead to deeper corrections.

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Popular analyst CW recently warned that a potential drop to $1.26 could lead to highly leveraged mass liquidations.

if $XRP When it drops to around $1.26, most of the high-leverage long positions will be liquidated. pic.twitter.com/wnyErpC1Bu

– CW (@CW8900) April 5, 2026

Fellow analyst CRYPTOWZRD male That XRP closed the previous daily candle indecisively and “provokes the intraday resistance of $1.32.” If it remains below it, the analyst expects more “weakness and short opportunities.”