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Traders Lean Into the Pain: ProShares Ultra XRP ETF Draws Fresh Cash Despite 40% XRP Slide

Traders Lean Into the Pain: ProShares Ultra XRP ETF Draws Fresh Cash Despite 40% XRP Slide

ProShares Ultra XRP ETF saw a fresh wave of inflows this week, signaling dip-buying interest despite deep losses in its underlying asset. The leveraged crypto fund, UXRP, logged $838,100 of net inflows on February 12, 2026, lifting its assets under management to $37.2 million and shifting roughly 2.25% of its capital base in a single session.

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The related asset, XRP-USD, is currently trading at $1.4482 after a bruising three months, during which it has slumped about 40.53%. Short-term momentum remains weak, with the one-day technical signal flashing a cautious Sell, underscoring the speculative nature of the latest ETF flows.

UXRP’s latest inflow suggests some traders are positioning for a rebound or short-term volatility spike, even as spot XRP struggles to find a durable floor. The move highlights how leveraged products can attract capital on drawdowns, with investors willing to stomach higher risk in pursuit of amplified upside if sentiment in XRP turns.

Still, the disconnect between negative technicals in XRP and positive flows into UXRP may leave latecomers exposed if the downtrend deepens or macro headwinds for digital assets intensify. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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