US spot XRP ETFs experienced their first net outflow in 36 trading days totaling $40.8 million, mainly driven by 21Shares' TOXR fund. Despite this, the outflow represents only about 3% of the total inflows since inception, attributed largely to profit-taking following XRP's price jump from $1.8 to $2.4. Analyst insights indicate strong on-chain bullish signals and low XRP exchange holdings, suggesting a potential price retest near $3 if inflows recover.