Bitwise XRP ETF’s XRP fund saw investors pull $5.83 million on May 1, 2026, a sizable outflow that trimmed roughly 1.9% of its $310.44 million in assets under management. The move underscores growing caution around XRP-linked exposure after a choppy spring for digital assets.
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The related asset, XRP-USD, is currently trading at $1.3892, having slid about 12.1% over the past three months as momentum in altcoins has cooled. Short-term sentiment remains fragile, with a 1-day technical rating flashing a bearish Sell signal that may be prompting ETF investors to de-risk.
While the latest outflow is meaningful, it represents a modest slice of overall AUM, suggesting that core holders are staying put even as tactical money steps aside. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.