Spot exchange-traded funds (ETFs) for the cryptocurrency XRP have experienced a significant surge in demand, with inflows reaching a four-month high in April.
According to weekly fund flow data from CoinShares, consistent positive flows into XRP-focused products contributed to the milestone. This trend marks a turning point in how institutional and retail investors approach XRP through ETF vehicles, contrasting with more muted activity in previous months.
The increase in inflows suggests stronger investor conviction and improving risk appetite around XRP. Positioning shifts across the crypto market may have also played a role, as April saw heightened attention across digital asset products.