Bitwise’s latest foray into XRP exposure is gaining traction, with the Bitwise XRP ETF, XRP, drawing $2.35 million of net inflows on May 05, 2026. The move lifts the fund’s assets under management to $319.1 million, with the single-day haul equal to roughly 0.74% of AUM, a meaningful vote of confidence for a niche crypto-linked product.
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The related asset, XRP-USD, is currently trading at $1.4488 after slipping 4.48% over the past three months, reflecting the broader choppiness in large-cap digital tokens. Yet near-term sentiment has turned constructive, with the 1-day technical signal flashing a firm Buy, suggesting traders see the latest weakness as an entry point rather than the start of a deeper slide.
The fresh inflows into the Bitwise product arrive as investors rotate within the crypto complex, favoring liquid, exchange-traded wrappers that can be traded during regular market hours. With XRP’s price still below recent peaks but technicals improving, the ETF’s steady AUM base may indicate that institutional and sophisticated retail investors are positioning for a rebound rather than fleeing volatility.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.