US spot XRP ETFs recorded approximately $5.15 million in outflows on September 17, interrupting a previous inflow trend of $192 million for the month. This reversal was primarily concentrated in Canary's XRPC fund (approximately $1 million) and 21Shares' TOXR fund (approximately $4 million). Despite the single-day outflow, as of September 17, these funds still maintained a net inflow of approximately $10 million over the past week, with cumulative inflows of approximately $192 million over the past month. Currently, these products collectively hold approximately 1.08 billion XRP, with a total value of approximately $1.39 billion. The market will monitor the next few trading days to determine whether this outflow is a short-term pause or a broader institutional retreat.