Bitwise’s XRP vehicle drew fresh interest this week as the Bitwise XRP ETF, XRP, recorded an inflow of $2.42 million on April 23, 2026, lifting confidence in a market still digesting recent volatility. The new money represents about 0.75% of the fund’s $321.34 million in assets under management, a notable single-day boost that suggests selective dip-buying rather than broad-based exuberance.
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The related asset, XRP-USD, is currently trading at $1.4282 after a rough three months in which it has shed roughly 24.66%. Despite that drawdown, its 1-day technical outlook is flagged as Hold, hinting at a market caught between bargain hunters and wary traders watching for clearer trend signals.
The ETF’s latest inflow underscores how some institutional and sophisticated retail investors are willing to re-risk in XRP exposure even as prices remain below recent peaks. If the Hold signal transitions decisively in either direction, flows into XRP could accelerate, amplifying price moves and testing the conviction of these new entrants.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.