The major momentum that began earlier this month for spot XRP ETFs persisted last week, as investors added more than $60 million in net inflows — the largest weekly inflow in several months.
At the same time, Ripple’s native token attempted another price breakout but was halted at a familiar resistance level and retreated back toward its starting range.
Ripple ETFs Gain Traction
Following a strong debut and a very successful opening period, spot Ripple (XRP) ETFs receded from investor attention in early 2026 amid wider market uncertainty and falling crypto prices. March marked the first month with net outflows, but the trend reversed in April.
May has started even stronger. Data from SoSoValue indicates that May’s net inflows have already exceeded April’s $81.59 million, approaching roughly $95 million for the month so far. Much of that progress came from a single robust week, which saw $60.50 million in net inflows — more than the entirety of February.
This was the ETFs’ most notable weekly performance since the week ending December 26. Cumulative net inflows across XRP spot ETFs reached a new all-time high of $1.39 billion, according to SoSoValue.
Notably, Bitwise’s XRP fund has overtaken Canary Capital’s XRPC in net inflows. Bitwise now records approximately $460 million, while Canary’s XRPC stands near $444 million.
XRP’s Breakout Stalls Again
Buoyed by strong ETF inflows, somewhat improved market conditions, and progress on the CLARITY Act in the US Senate, XRP attempted a midweek breakout and climbed to $1.55 on Thursday — its highest intraday level since March.
The rally was short-lived, however. A sharp rejection pushed the price back down to just under $1.40 the following day. XRP also ceded its fourth-place position in market capitalization to BNB, though it recovered slightly to around $1.42 at the time of reporting.
Despite the setback, analysts remain generally optimistic about XRP’s longer-term outlook. Several market commentators have highlighted critical resistance levels the token must reclaim to resume a sustained bull run that could potentially lead to new all-time highs.