Investors Tiptoe Back Into XRP: Bitwise ETF Pulls Inflows Despite Price Slide

Bitwise XRP ETF’s XRP Sees Fresh Inflows as Traders Look Past Price Slump

Bitwise XRP ETF drew $2.42 million of net inflows on April 23, 2026, signaling renewed investor interest even as its underlying token struggles. The move represents roughly 0.75% of the fund’s $324.09 million in assets under management, a meaningful daily shift that underscores selective risk appetite in the crypto ETF space.

The related asset, XRP-USD, is currently trading at $1.4254 after dropping 24.54% over the past three months, a slide that has lagged some larger-cap peers. Despite the recent drawdown, the token’s 1-day technical signal sits at Buy, hinting that short-term traders see scope for a rebound or at least a tactical bounce.

The juxtaposition of ETF inflows with a weak three-month price trend suggests investors may be using the Bitwise vehicle as a contrarian entry point into XRP exposure. Flows of this size will not transform the market on their own, but they do indicate that institutional and sophisticated retail money is cautiously leaning back into the trade rather than capitulating.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.