XRP Market Heats Up As ETF Inflows Hit Weekly Record

By Cointribune EN
about 16 hours ago
FRANKLIN ETF XRPETF XRP RECORD

XRP-backed ETFs have just recorded their strongest weekly inflow since mid-January. In a few days, flows accelerated significantly, accompanied by a price rebound. This return of institutional capital puts XRP back under scrutiny. It remains to be seen whether this movement reflects a simple temporary resurgence of interest or the start of a lasting dynamic.

In brief

  • XRP ETFs record their strongest inflow since mid-January, marking a notable return of institutional capital.
  • Assets now exceed 1.08 billion dollars, with flow concentration on a few major products.
  • This dynamic is accompanied by a rise in XRP price, illustrating a direct correlation between ETF flows and the market.
  • The evolution of flows towards ETFs could determine whether the XRP bullish movement continues or not.

XRP ETFs Record a Massive Return of Capital

XRP spot ETFs attracted $41.64 million in just four days, marking their strongest weekly inflow since mid-January. This resurgence of interest signals a sharp acceleration of institutional flows towards the asset, in a context where crypto-related investment products remain closely monitored by the markets. This dynamic comes after several quieter weeks, indicating a strategic repositioning by investors.

Global assets confirm this trend. XRP ETFs now total $1.08 billion in assets, passing a symbolic threshold for this still recent segment. On April 15, a single session concentrated $17.11 million of inflows, the highest daily level since early February. This rise is also observed in the flow distribution among the main products :

  • Bitwise XRP ETF (XRPP) : $17.95 million inflows, with $313.69 million assets ;
  • Franklin XRP ETF (XRPZ) : $16.56 million inflows, with $252.82 million assets ;
  • Total assets of XRP ETFs : $1.08 billion.

Meanwhile, the market reacted with a 9.24 % rise over the week, bringing XRP to around $1.48 with a capitalization of $91.1 billion. This development reveals a direct correlation between capital inflows via ETFs and price dynamics, against a backdrop of a macroeconomic environment more favorable to risky assets.

A Market Under Pressure Between Adoption and Technical Imbalances

Beyond financial flows, XRP benefits from an evolving fundamental context. The network records growing adoption, with more than 8.1 million addresses, a historic record. This dynamic occurs during a phase in which XRP outperforms some of the market’s major capitalizations, supported by strengthened institutional demand. The $1.50 level now appears as a key resistance zone closely watched by traders.

At the same time, market data show positioning still largely bearish. Negative funding rates reflect a dominance of short positions. Such a configuration recalls a previous episode when XRP then rose by 127%. This imbalance feeds the hypothesis of a short squeeze, with some scenarios envisioning a potential move toward $1.80 if buying pressure persists.

This combination of institutional inflows, network adoption, and technical imbalances places XRP in a pivotal zone. If flows toward ETFs continue, they could support an extension of the bullish movement. Conversely, a slowdown of these inflows would call into question the strength of the current rebound.

Related News