Leveraged Crypto Bet Pulls Back as Volatility Shares’ XRPT ETF Sees Sharp Outflow
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Volatility Shares Trust XRP 2X ETF, the leveraged XRP vehicle trading under XRPT, recorded a notable outflow of $2,747,256 on April 23, 2026. With assets under management at $75,014,184, the latest redemption wave represents roughly 3.66% of the fund’s capital, signaling a sizable vote of caution from short-term traders.
The related asset, XRP-USD, is currently trading at $1.4169 after a bruising three months that left it down about 25.88%. Despite that drawdown, the token is flashing a near-term bullish tone, with a 1-day technical signal of Buy, underscoring the tension between tactical ETF flows and improving spot momentum.
The divergence suggests investors in the 2x product may be trimming risk into volatility rather than abandoning XRP outright, particularly after an extended decline. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.