tiprankstipranks
Advertisement
Advertisement

Leverage Meets Turbulence: Traders Pile Into ProShares Ultra XRP ETF Despite XRP Slide

Leverage Meets Turbulence: Traders Pile Into ProShares Ultra XRP ETF Despite XRP Slide

Leverage Meets Turbulence: ProShares Ultra XRP ETF Attracts Fresh Cash as Token Slides

Claim 55% Off TipRanks

ProShares Ultra XRP ETF, the UXRP, drew $542,477 in new money on March 3, 2026, even as its underlying token remains under pressure. The latest inflow amounts to roughly 1.38% of the fund’s $39.27 million in assets under management, signaling that some traders are still willing to lean into leveraged exposure despite a challenging backdrop.

The related asset, XRP-USD, is currently trading at $1.4265 after a steep 30.41% slide over the past three months. Short-term momentum looks grim, with a 1-day technical signal flashing Strong Sell, underscoring the tactical nature of the fresh inflows into UXRP as speculative traders bet on a potential rebound.

The combination of sizeable inflows and a negative technical setup highlights the growing divergence between sentiment toward leveraged XRP exposure and the token’s near-term price action. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

Disclaimer & DisclosureReport an Issue

1