Whale-Sized Bet on XRP: Canary ETF Draws Fresh Inflows as Traders Turn Risk-On
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Canary XRP ETF’s XRPC logged fresh inflows of $5.9 million on May 08, 2026, a notable signal of renewed investor appetite for XRP-linked exposure. The move lifted its assets under management to $296.1 million, with the latest flow representing roughly 1.99% of AUM, a sizeable single-day allocation shift for a niche crypto product.
The related asset, XRP-USD, is currently trading at $1.4687, posting a modest 2.61% gain over the past three months amid choppy trading and shifting regulatory headlines. Short-term sentiment looks more upbeat, with a 1-day technical signal flashing Buy, aligning with the ETF’s latest inflow burst.
The scale of Thursday’s allocation suggests that some investors are positioning for a medium-term rebound rather than treating the product as a short-term trading vehicle. With XRP still lagging the strongest performers in the digital asset complex, flows into XRPC may reflect a selective rotation into perceived value plays within large-cap crypto.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.