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$XRP ETFs Pull $60 Million in a Week While the Token Can’t Hold $1.50

$XRP ETFs Pull $60 Million in a Week While the Token Can't Hold $1.50
$XRP ETFs Pull $60 Million in a Week While the Token Can't Hold $1.50

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Updated 3 weeks ago

Ripple ETFs just had their best week since December. More than $60 million landed in net inflows last week alone — and that’s not a small number for a product category that was bleeding money as recently as March.

May has basically flipped the script on what looked like a rough year for XRP-focused funds. Cumulative net inflows for the month hit nearly $95 million, clearing April’s $81.59 million total with days still left on the calendar. That weekly $60.50 million figure didn’t just beat April — it cleared February’s entire monthly haul. And the cumulative record for Ripple ETFs now sits at $1.39 billion in net inflows, a new all-time high for the category. Pretty remarkable for a fund segment that most people were writing off two months ago.

Bitwise Pulls Ahead of Canary Capital

There’s a new leader among XRP funds. Bitwise’s XRP product now tops Canary Capital’s XRPC in total net inflows — $460 million versus $444 million. It’s a relatively slim margin, but the gap has been widening. Canary held the lead for a while, and Bitwise closing and then passing it probably says something about where institutional buyers are routing their money right now. Whether that gap holds is unclear. These things shift fast in crypto ETF land, and the competitive dynamic between the two funds seems to be drawing more attention to the whole XRP ETF space in general.

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Part of what’s driving renewed interest, at least on paper, is the U.S. Senate’s progress on the CLARITY Act. That legislation has been moving — slowly, but moving — and investors watching the regulatory landscape have apparently decided the direction is favorable enough to put money back in. Whether the CLARITY Act actually clears the Senate and what it means for XRP specifically is still murky. No one really knows how this plays out yet.

XRP Price Tells a Different Story

Here’s the uncomfortable part. While the ETFs are pulling in cash, XRP itself can’t seem to hold a rally.

Mid-week, the token climbed to $1.55 — its highest level since March. That got people excited. Briefly. It didn’t last. XRP fell back to just under $1.40 before recovering slightly to $1.42, and the drop wasn’t just a price issue. Losing ground in the price rankings matters too: XRP slipped out of fourth place in market cap, ceding that spot to BNB. Not a great look for a token that spent months fighting to hold that position.

Analyst account EGRAG CRYPTO flagged the key resistance levels XRP needs to clear if it wants to kick off a real bull run and push toward new all-time highs. But clearing resistance is easier said than done, and the mid-week rejection at $1.55 is the kind of move that shakes out short-term buyers fast. The ETF inflows and the token’s price action are basically pointing in opposite directions right now, and that gap is hard to ignore.

The broader story here is probably about what ETF inflows actually mean for the underlying asset. Institutional money flowing into an ETF wrapper doesn’t automatically translate into spot buying pressure on XRP itself — the mechanics are different, and the timeline is different. So it’s not really a contradiction that inflows hit records while the token stumbles. It’s more of a reminder that these are two separate markets responding to two separate sets of signals.

Earlier in 2026, the picture was worse. By March, outflows were outpacing inflows as global uncertainty and a falling XRP price pushed investors toward the exits. April started the reversal. May accelerated it. Whether that momentum holds into June depends on a few things — regulatory clarity, broader crypto market conditions, and whether XRP can actually push through the resistance levels that have been capping it.

The $1.55 ceiling is the obvious one to watch. EGRAG CRYPTO’s analysis put it front and center, and the market’s reaction to that level mid-week was basically a stress test that XRP failed. It’s not a permanent ceiling, but it’s a real one for now.

And the BNB situation stings a bit. Losing fourth in market cap isn’t catastrophic, but it’s the kind of ranking shift that gets attention and probably adds some pressure on the XRP community to push for a sustained price recovery.

For now, the ETF side of the Ripple story looks strong. Cumulative inflows at $1.39 billion, May already past April’s total, and Bitwise leading the pack at $460 million.

Frequently Asked Questions

How much did Ripple ETFs pull in during the latest week?

Ripple ETFs saw $60.50 million in net inflows last week, their strongest weekly performance since December, pushing May’s total to nearly $95 million.

Why did XRP lose its fourth-place market cap ranking?

XRP dropped to just under $1.40 after failing to hold a push to $1.55, and the price decline was enough for BNB to overtake it in total market capitalization.

Which XRP ETF leads in total net inflows?

Bitwise’s XRP fund leads with $460 million in cumulative net inflows, narrowly ahead of Canary Capital’s XRPC at $444 million.

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Jean-Luc Maracon

Jean-Luc Maracon is a French-Swiss expert in decentralized finance, known for his sharp analysis of Bitcoin, European Web3 projects, and crypto regulatory challenges. Splitting his time between Geneva and Paris, he brings a unique perspective blending traditional finance with blockchain innovation. He regularly collaborates with crypto platforms across Europe to help make digital investing more accessible. Specialties: Bitcoin, staking, European regulation, crypto security, Web3.

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