XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High

XRP’s futures open interest has climbed 23% so far in May, a sign that traders are betting bigger on the token even as its price trades roughly 6% below a recent high of $1.50. At $1.46 at the time of writing, XRP is down just nearly a percent in the last 24 hours — yet the money flowing into XRP investment products tells a different story. Related Reading: Strategy Boosts Bitcoin Position With Fresh $206M STRC Injection Institutional Appetite Keeps Growing Spot XRP exchange-traded funds recorded close to $26 million in inflows on Monday alone, the largest single-day figure since January 5. That pushed cumulative net inflows into a new all-time high of $1.35 billion, with total assets under management across spot XRP ETFs now sitting at $1.18 billion. The streak covers five straight days of net inflows. Broader XRP exchange-traded products — a category that includes ETFs and similar investment vehicles — pulled in nearly $40 million during the week ending May 8, according to data from CoinShares. Year-to-date net inflows for that group now stand at $191 million, bringing total AUM to over $2.5 billion. CoinShares head of research James Butterfill described the pace as a “notable acceleration,” attributing part of the momentum to developments around the US CLARITY Act, including a compromise proposal on stablecoin yields released on May 1. Charts Point Toward A Possible Breakout On-chain data is also shifting. XRP’s 90-day spot taker cumulative volume delta has flipped positive, a signal that buying pressure in the spot market is picking up. Social media sentiment around XRP recently hit a two-year high, adding another layer to the bullish picture forming around the token. Several analysts say the price chart supports further gains. One points to XRP bouncing off a multi-month ascending support line, setting up what could be a move toward $1.80. A golden cross on the weekly MACD — a widely watched technical indicator — has been cited as reinforcing that outlook. A more aggressive forecast puts XRP on a path toward $10, drawing comparisons to the token’s Q4 2024 rally after it broke out of a prolonged accumulation range between $1 and $1.30. Price And Buka Interest Signal Momentum XRP is up 2.3% in the last week. Futures open interest rising alongside price is generally read as fresh money entering the market rather than short covering — a distinction traders watch closely when assessing whether a move has staying power. Related Reading: Shiba Inu Bullish Momentum Explodes As Buying Pressure Intensifies Data shows XRP ETFs logged their biggest daily inflow in more than four months this week. Whether institutional demand at this scale translates into a sustained price recovery remains to be seen, but the numbers behind the current move are drawing serious attention. Featured image from TopMicrobialStock/Shutterstock.com, chart from TradingView