The institutional appetite for XRP through United States spot exchange-traded funds (ETFs) rebounded strongly last week.
The U.S. spot XRP ETFs posted a total cash inflow of $11.75 million last week, the highest since the first week of February 2026, according to metrics from SoSoValue. As such, this basket of exchange securities had approximately $968.15 million in net assets as of April 13.
The Bitwise XRP ETF (XRP) registered the highest weekly cash inflow of about $9.52 million, thus increasing its net assets to $276.27 million at press time. Additionally, the Franklin XRP ETF (XRPZ) reported inflows of $2.90 million last week, its largest since the last week of February.
Meanwhile, the 21Shares XRP ETF (TOXR) continued its weekly outflow, with investors selling $661.16k worth of its shares last week, thereby reducing its net assets to approximately $142 million at the time of publication.
Why is the altcoin down amid renewed institutional appetite via XRP ETFs?
Although spot ETFs for this token recorded their highest cash inflows in 8 weeks last week, the altcoin’s price fell by more than 2% to trade around $1.33 on Monday. As a result, the token’s market capitalization declined to roughly $81.3 billion at the time of reporting.
The most likely contributor to XRP’s price decline amid a notable demand from institutional investors is significant retail capitulation, as Finbold previously reported. Moreover, the broader macroeconomic and near-term market uncertainty has pushed fear, uncertainty, and doubt (FUD) metrics to historically elevated levels.
If U.S. spot ETFs maintain their current trajectory of positive weekly inflows, XRP could be positioned for a bullish recovery in the near term. This outlook is especially likely if the token clears the near-term resistance range between $1.38 and $1.40.
