Bitwise’s XRP vehicle draws fresh cash as traders test battered token
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The Bitwise XRP ETF, XRP, attracted $1,313,820 in net inflows on April 06, 2026, a modest but notable vote of confidence after a volatile quarter for the underlying token. With assets under management now at $255,610,980, the latest flow represents roughly 0.51% of AUM, signaling cautious accumulation rather than a wholesale shift in positioning.
The related asset, XRP-USD, is currently trading at $1.3207 after shedding about 38.9% over the past three months, underscoring the depth of the recent drawdown. Short‑term sentiment remains bearish, with the token flashing a 1‑day technical signal of Strong Sell, yet ETF buyers appear willing to average in on weakness rather than abandon the trade entirely.
The divergence between fresh ETF inflows and negative price momentum highlights a familiar dynamic in crypto markets, where longer‑horizon investors often lean into drawdowns while traders focus on deteriorating charts. If inflows persist despite the bearish technical backdrop, Bitwise’s product could serve as an early indicator of a sentiment turn, even if price action has yet to confirm it.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.