XRP Leverage Bet Draws Fresh Cash as ProShares Ultra Fund Shrugs Off Price Slump
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ProShares Ultra XRP ETF, the leveraged crypto fund trading under UXRP, attracted $1,776,445 in net inflows on February 06, 2026. The latest move boosted assets under management to $28,035,532, with the new capital equal to roughly 6.34% of the fund’s size, signaling renewed risk appetite despite recent weakness in its underlying token.
The related asset, XRP-USD, is currently trading at $1.41962 after a steep 42.78% slide over the past three months. Short-term momentum remains fragile, with the 1-day technical gauge flashing a cautious Sell signal, even as ETF investors appear to be positioning for a potential rebound.
The size of the single-day inflow suggests speculative traders are using the leveraged vehicle to bet that XRP’s selloff is closer to the end than the beginning. At the same time, the negative technical readings highlight the risk that UXRP buyers could be early, leaving performance highly sensitive to any shift in crypto market sentiment or regulatory headlines.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.