Tuttle Capital has filed for an XRP Income Blast ETF, signaling growing Wall Street interest in XRP exposure even as broader markets focus on other tokens.
US spot XRP ETFs quietly attracted more than $75 million in April, drawing little public attention. SoSoValue data shows these US spot ETFs now hold roughly $1.08 billion in XRP — about 1.20% of the token’s total supply. Inflows have been steady and one-sided: since April 9 there have been no significant outflows, only a small $661,000 decline during the period.
On a single day, ETFs took in $3.89 million, led by Franklin Templeton’s XRP ETF trading under the ticker XRPZ. The persistence and pattern of these flows point to long-term institutional positioning rather than short-term retail trading.
On-chain data highlights large holder activity. The XRP Ledger recorded 34.94 million XRP leaving exchanges in a 24-hour window — the sixth-largest daily outflow of 2026, per Santiment — and historically such big outflows have often preceded bullish moves. On Binance specifically, large holders accounted for about 94% of recent outflows, indicating most movement came from sizable wallets rather than retail accounts.
At the same time, whale transfers back into Binance spiked to roughly 3,000 transactions on April 23–24 after falling near zero days earlier. That bounce-back suggests active repositioning by large holders rather than widespread distribution.
Despite rising ETF demand and clear on-chain signals of accumulation, XRP’s price has struggled to break resistance, repeatedly easing back toward roughly $1.43 and remaining just above the $1.40 support zone.
Featured image from Pexels, chart from TradingView