Bitwise's XRP ETF Sees Fresh Inflows Amid Market Volatility

The cryptocurrency market continues to exhibit volatility, with prices fluctuating rapidly in response to changing risk appetites and economic conditions. However, amidst this uncertainty, some investors appear to be selectively rotating back into XRP-linked exposure.

Bitwise's XRP ETF experienced net inflows of $2.42 million on April 23, 2026, accounting for a modest 0.75% of its total assets under management. This influx represents a significant development in the market, as it suggests that investors are using listed products to accumulate positions at perceived discounts.

The token's price has indeed experienced a drawdown of approximately 25.88% over the past three months, reaching $1.4169 on recent trades. Nevertheless, the XRP-USD pair's 1-day technical signal has shifted to 'Buy', indicating potential short-term momentum that may be driving the ETF's latest inflows.