XRP Leveraged Bet Cools as Traders Pull Back Millions from XRPT
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Volatility Shares Trust XRP 2X ETF, ticker XRPT, saw outflows of $2,747,256 on April 23, 2026, marking a notable retreat from leveraged XRP exposure. With assets under management at $76,349,495, the latest redemption wave represents roughly 3.60% of the fund’s capital base, a sizable swing for a single day in a niche crypto-linked product.
The related asset, XRP-USD, is currently trading at $1.4254 after a bruising three months, during which it has shed about 24.54% of its value. Despite that drawdown, the short-term tone has brightened, with the 1-day technical signal flashing Buy, hinting that speculative traders may be eyeing a potential rebound.
The sharp outflow from XRPT suggests some leveraged investors are locking in losses or de-risking after XRP’s extended slide, even as momentum indicators begin to turn more constructive. Such divergence between ETF flows and fresh buy signals on the underlying token underscores the persistent volatility and timing risk that comes with 2x exposure to a still-fragile crypto market.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.