NEW YORK, April 23, 2026, 03:46 EDT.
While digital-asset funds raked in $1.4 billion last week—the biggest haul since January—XRP-linked investment products lost $56 million, CoinShares said in research out this week. XRP slipped 1.7% to $1.42 on Thursday, tracking bitcoin’s retreat from the $80,000 mark. CoinShares Research Blog
The split’s significant, with XRP now easier to buy in regulated U.S. venues than it was last year. Investors can access the token through Bitwise, Franklin Templeton, Volatility Shares and Teucrium funds. Still, most new money in the latest weekly data flowed into bitcoin and ether. Bitwise Investments
Things turned sharply. Bitcoin surged to an 11-week high of $78,045 on Wednesday, while XRP edged up 0.4% as a U.S.-Iran ceasefire extension briefly fueled risk-taking. Yet, as Reuters noted, broader investors pulled back later when questions about the truce lingered. Barron’s
Last week, Ripple published comments from Bitwise Chief Investment Officer Matt Hougan, who noted that investors are including XRP ETFs in their overall crypto allocations, using them together with bitcoin and Ethereum. By early March, Ripple said, U.S. spot XRP ETFs had attracted over $1.5 billion in total inflows. Ripple
The lineup is starting to look more diverse. Franklin’s XRPZ sticks with basic exposure, while Volatility Shares’ XRPI tracks XRP 1:1. Teucrium’s XXRP, though, is set up to double the cryptocurrency’s daily move—standard fare for a leveraged ETF, which is about amplifying a single day’s action, not tracking two times the returns long term. According to Teucrium, that daily reset means actual performance can veer off from the 2x goal, especially when markets are unsettled. United States
XRP dropped Thursday, but it wasn’t the only one under pressure. Ether slipped 0.7%, Solana shed 1.5%. Still, the inflow numbers told a different story: CoinShares tallied $1.116 billion moving into bitcoin for the week, and ether brought in $328 million—both leaving XRP in the dust. CoinDesk
The backdrop remains shaky. Reuters said Wednesday that investors are steering clear of riskier bets as uncertainty over the U.S.-Iran ceasefire drags on, even as U.S. crypto platforms push for perpetual futures—those never-expiring, high-leverage contracts. According to Ryan Rasmussen, who heads research at Bitwise, traders are likely to dial up risk with these offerings. Ben Schiffrin at Better Markets flagged a different danger: losses could “compound and compound.” Reuters
Recent numbers indicate XRP remains largely a short-term play rather than a staple in portfolios. Broader ETF availability could shake that up, but not necessarily overnight. Real change may hinge on capital shifting out of bitcoin and ether into lesser-known tokens—and actually sticking. CoinShares Research Blog
