XRP Comeback Bet? Bitwise XRP ETF Attracts Fresh Cash Despite Steep Token Pullback
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The Bitwise XRP ETF, trading under the ticker XRP, saw fresh inflows of $3.91 million on February 2, 2026, in a sign of renewed investor interest after a volatile stretch for the underlying token. The latest flow represents about 1.34% of the fund’s $292.75 million in assets under management (AUM), a meaningful allocation shift for a single trading day in an otherwise cautious digital-asset environment.
While the fund’s new capital suggests some investors are positioning for a rebound, the move comes against a challenging backdrop for the related asset, XRP-USD. The cryptocurrency is currently trading around $1.60, having shed roughly 33% over the past three months, underscoring the depth of its recent correction. Short-term momentum remains weak, with the one-day technical signal flashing a cautious Sell, highlighting the tension between traders leaning on charts and allocators taking a longer-term view via the ETF wrapper.
The juxtaposition of negative technicals and positive ETF flows illustrates a familiar dynamic in crypto markets: dip-buying through regulated products even as spot prices struggle. If inflows into the Bitwise XRP ETF persist, they could signal that institutional and retail investors alike are willing to look beyond near-term price pressure and regulatory uncertainty in hopes of capturing longer-horizon upside tied to broader adoption of XRP-linked payment rails.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.