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Leveraged XRP Bets Lose Steam as XXRP Sees $3 Million Single-Day Pullback

Leveraged XRP Bets Lose Steam as XXRP Sees $3 Million Single-Day Pullback

Investors Hit the Brakes on Leveraged XRP Fund as Outflows Top $3 Million

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The Teucrium 2x Long Daily XRP ETF, XXRP, saw a sharp reversal in sentiment on January 28, 2026, with investors pulling $3,080,470 from the leveraged product. The single-day outflow represents roughly 1.50% of the fund’s latest assets under management, which stand at $205.46 million, signaling a notable shift in positioning among traders using the ETF to gain amplified exposure to XRP.

The move comes against a challenging backdrop for the underlying token. The related asset, XRP-USD, is currently trading at $1.6981, having shed about 30.7% over the past three months. The short-term technical picture remains fragile, with a one-day signal of Sell, suggesting that momentum traders and quant-driven strategies may still be tilting bearish.

Given XXRP’s 2x daily leverage, recent volatility in XRP’s price likely amplified both gains and losses, encouraging some investors to de-risk after a prolonged drawdown in the underlying market. Outflows of this size, while not yet destabilizing for the fund, highlight growing caution around using leveraged vehicles to chase rebounds in a still-weak technical environment. If XRP’s price action fails to stabilize, further redemptions from XXRP could follow as short-term traders reassess their appetite for leverage in a declining market.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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