Leveraged XRP Fever: Tiny XRPK ETF Sees Flows Equal to Three-Quarters of Its Asset Base in a Single Day

Leveraged XRP Bets Surge as T‑REX’s XRPK Sees Flows Nearly Match Its Entire Asset Base

The T-REX 2X Long XRP Daily Target ETF, ticker XRPK, recorded a dramatic influx of capital on January 12, 2026, with fresh flows of $741,525 into the fund. With total assets under management now at $954,604, the latest single-day intake amounts to roughly 77.7% of XRPK’s AUM, underscoring an aggressive swing in investor positioning toward leveraged exposure to XRP.

Such a sizable flow relative to the fund’s size suggests either a cohort of new speculative entrants or existing traders scaling up high-conviction bets. For a leveraged product designed to deliver twice the daily performance of XRP, the move highlights a willingness among traders to embrace short-term volatility in search of amplified gains, despite the inherent risk of rapid drawdowns.

The related asset, XRP-USD, is currently trading at $2.14625. Over the past three months, XRP has slipped about 13.1%, reflecting a choppy backdrop for altcoins even as broader crypto sentiment has oscillated between risk-on and risk-off. However, the token’s 1-day technical signal has flipped to Buy, hinting at near-term bullish momentum that may be encouraging traders to reach for leveraged upside via XRPK.

The juxtaposition of recent negative medium-term performance with a short-term technical uptick helps explain the intensity of flows into a 2x product: some investors appear to be positioning for a rebound, using leverage to magnify any potential upside after a period of weakness. At the same time, the outsized flow as a share of AUM underlines how quickly sentiment can pivot in niche, derivatives-style crypto ETFs.

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