Whale-Sized Bet on XRP: Canary ETF Pulls in Fresh Cash Despite Price Slump
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Canary XRP ETF’s XRPC drew a notable $3.90 million of net inflows on March 4, 2026, even as sentiment around the underlying token remains fragile. The move lifted the fund’s assets under management to $266.1 million, with the latest flow equal to about 1.47% of AUM, signaling that some investors are leaning into weakness rather than heading for the exits.
The related asset, XRP-USD, is currently trading at $1.4265 after a punishing three-month slide of roughly 30.41%, underperforming many large-cap crypto peers. Short-term signals remain bearish, with the token flashing a Strong Sell on the daily technical dashboard, underscoring the contrarian nature of the fresh ETF inflows.
The divergence between cautious price action in XRP and renewed demand for XRPC suggests that institutional and sophisticated retail investors may be positioning for a medium-term rebound. While the ETF’s latest flow represents a small slice of total assets, it comes at a time when risk appetite in crypto is uneven, making any incremental commitment to XRP exposure a noteworthy data point for market watchers.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.