Bitwise XRP ETF’s XRP snapped investors to attention on February 06, 2026, as the fund attracted $4.64 million in fresh capital, reversing recent apathy toward XRP-linked products. The single-day haul represents roughly 2.23% of its $208.0 million in assets under management, a sizeable vote of confidence amid a turbulent backdrop for the underlying token.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The related asset, XRP-USD, is currently trading at $1.3988 after a bruising three-month period that has seen its price slide about 42.50%. Short-term momentum remains weak, with a 1-day technical signal flashing Sell, suggesting that ETF buyers may be positioning for a contrarian rebound rather than chasing strength.
The juxtaposition of sizable inflows and negative price action underscores a familiar dynamic in crypto markets, where sophisticated investors often treat steep drawdowns as entry points. If flows of this magnitude persist, they could help stabilize sentiment around XRP even as technical indicators stay cautious. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.