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Investors Pile Into ProShares Ultra XRP Despite Steep Slide in Underlying Token

Investors Pile Into ProShares Ultra XRP Despite Steep Slide in Underlying Token

ProShares Ultra XRP ETF saw a fresh burst of investor conviction this week, as the leveraged crypto fund logged a sizable inflow. The UXRP ETF attracted $2,269,627 in net new money on April 2, 2026, lifting its assets under management to $38,769,694. The single-day haul represents roughly 5.85% of the fund’s AUM, a meaningful swing for a niche product.

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The related asset, XRP-USD, is currently trading at $1.3538 after a bruising quarter that left it down about 42.06% over the past three months. Despite that drawdown and a prevailing short-term Sell signal, traders appear willing to use UXRP’s leverage to position for a potential rebound.

The divergence between negative price momentum in XRP and fresh capital flowing into UXRP hints at speculative bottom-fishing rather than broad-based institutional adoption. Still, a single day’s inflow amounting to nearly 6% of AUM underscores how quickly sentiment can pivot in leveraged crypto products. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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