XRP exchange-traded funds (ETFs) are experiencing a remarkable turnaround, posting their longest consecutive gains of 2026 after a rocky start to the year. Following a challenging first quarter where outflows plagued the funds, recent data reveals a significant shift in investor sentiment, with inflows pushing XRP above the $1.40 mark.
Market analyst Sam Daodu of 24/7 Wall St. highlighted that during the week ending April 17, XRP ETFs attracted $55.39 million, marking the strongest weekly performance of the year so far. This positive trend continued with an additional $3 million influx on April 20. Notably, there have been no outflows since April 9, indicating a sustained commitment from investors for the first time in 2026.
Earlier this year, XRP ETFs faced substantial asset withdrawals, with total assets under management plummeting from over $1.5 billion in January to below $950 million by March. However, the current inflow pattern suggests a more stable shift in market dynamics, with consistent daily contributions rather than sporadic spikes. Among the various XRP products, Canary Capital leads with $421.86 million in net inflows, though its advantage has diminished as Bitwise and Franklin Templeton have been steadily gaining ground.
As of now, Bitwise holds cumulative inflows of $419.17 million, just shy of taking the lead from Canary. Meanwhile, Franklin Templeton’s XRPZ remains in close pursuit, illustrating a competitive landscape as these funds absorb most of April’s inflows while other XRP ETFs stagnate or decline.
Looking ahead, the sustainability of this positive momentum may hinge on regulatory clarity in the U.S., particularly concerning the CLARITY Act. This legislation, which is anticipated to officially classify XRP as a digital commodity, is critical for reducing uncertainty among institutional investors. A recent Coinbase survey revealed that 65% of institutional respondents are awaiting such clarity before making significant commitments to XRP. As the altcoin consolidates around $1.43, having gained approximately 2% over the last week and nearly 8% over the past two weeks, the market watches closely for developments on the regulatory front that could further influence the trajectory of XRP ETFs.