New York, May 5, 2026, 09:08 (EDT)
Spot XRP ETFs in the U.S. saw a modest outflow for the week ending May 1, snapping a three-week streak of inflows and putting the latest bullish XRP story to the test. The funds lost around $35,210, reversing part of the $82.88 million that flowed in over the previous three weeks, according to SoSoValue data reported by BeInCrypto. German finance sites, meanwhile, circulated new adoption and price narratives for the token.
This shift is significant: ETFs now serve as XRP’s primary entry point into standard brokerage platforms. A spot ETF like Franklin’s tracks the actual token, offering investors listed shares tied to XRP’s price—no crypto wallets or private keys required. In its filing, Franklin calls the XRP ETF a passive fund designed to mirror XRP’s price before expenses. It’s not set up as a leveraged product.
It wasn’t a wholesale pullback. XRP funds still attracted $3.87 million Monday, with cumulative inflows totaling $1.29 billion and net assets holding steady near $1.07 billion, according to FXStreet and SoSoValue.
XRP hovered close to $1.41 Tuesday, notching a 1.29% gain over the past 24 hours. The token’s market cap stood at roughly $87.27 billion, placing it fourth among crypto assets by market value, according to CoinMarketCap.
XRP is back in the spotlight, according to a German-language piece on finanzen.net, with mentions of fresh use-case hype, regulatory updates, and more institutional moves. The article referenced CCN’s report on payment adoption linked to Rakuten. Standard Chartered’s latest call on XRP landed lower: the bank now expects the token at $2.80 by 2026, down sharply from its earlier $8 forecast. The shift, they say, reflects softer market conditions, investors less willing to take risks, and possible ETF-induced selling.
Rakuten’s move checks out, but the rollout is more limited than some promos suggest. Rakuten Wallet confirmed it started offering Android app support for XRP, Dogecoin, Stellar Lumens, Shiba Inu, and Toncoin on April 30, following a two-week delay from the original April 15 target to iron out system tweaks. iOS, they said, would follow.
Tatsuya Kohrogi, Ripple’s senior ecosystem growth manager, described the Rakuten integration as “one of the largest retail deployments of XRP,” highlighting for Bitcoin.com News that 44 million Rakuten Pay users and $23 billion worth of loyalty points are now connected to the platform. Bitcoin News
That Finanznachrichten link, though, warrants a different read. The page itself carried an “Anzeige / Werbung” tag and pitched XRP POWER—complete with contract scenarios, talk of daily returns, and a $21 sign-up bonus. Its own disclaimer underscored that this was no buy or sell call, and spelled out the risk: investors might lose everything. Finanznachrichten
Big crypto products continue to attract most of the inflows. On May 4, U.S. spot Bitcoin ETFs pulled in roughly $532 million. Ether ETFs recorded $61.29 million, and XRP funds saw $3.87 million, according to market reports that referenced SoSoValue data.
A year ago, XRP faced a murkier regulatory landscape. Now, that’s changed: On Aug. 7, 2025, the U.S. Securities and Exchange Commission announced it had jointly agreed with Ripple to drop their appeals, ending years of legal uncertainty for the company and its token.
Liquidity is the sticking point here. Analyst Arab Chain flagged Binance’s 30-day XRP liquidity index at 0.038, describing it as “clear weakness in market depth.” Market depth refers to the amount of buy and sell orders sitting near the current price; when depth is thin, price moves can get volatile fast. BeInCrypto
Right now, XRP’s action isn’t about chasing $8 or $1,700. Traders are watching to see if Monday’s ETF inflow sparks a new run. With a thin order book, the token can spike in a heartbeat—though getting out might not be so smooth.
