Institutional XRP Flows Rise as ETFs Add $60M, Withdrawals Surge

US-listed XRP exchange-traded funds recorded $60 million in net inflows this week, the largest weekly total for 2026. The new money raised cumulative ETF inflows to $1.39 billion and pushed total net assets to $1.18 billion. Most flows arrived early in the week, with $25.8 million on Monday, followed by smaller amounts on Tuesday, Thursday and Friday and no recorded flows on Wednesday.

Since May 3, roughly 403 million XRP have been withdrawn from Binance in transfers larger than 1 million XRP. Transfers of that size typically reflect activity by large holders, funds or high-net-worth accounts rather than smaller retail trades. Earlier large exchange outflows occurred on Coinbase in late March and mid-April when XRP traded near $1.34.

On-chain activity on the XRP Ledger increased when the token briefly climbed above $1.54. Active addresses reached 48,453 over a 24-hour period, the highest level since March 30, and 3,317 new addresses were created, the strongest pace of wallet creation since March 19. Some of the transaction spikes coincided with retail trading around the short-lived price move.

Despite ETF inflows, large withdrawals and higher on-chain activity, XRP’s spot price fell more than 5% over 24 hours to $1.40, extending a pullback after the brief rise above $1.54, a two-month high.

Persistent exchange withdrawals reduce the amount of XRP immediately available for sale on trading platforms, which can affect on-exchange liquidity if the pattern continues. Traders and analysts are monitoring daily fund flows, exchange balances and XRPL metrics to assess whether accumulation through ETFs and private custody transfers continues.

Separately, Ripple announced a pilot with JPMorgan, Mastercard and Ondo Finance to test cross-border transactions using tokenized U.S. Treasuries on the XRP Ledger. The pilot follows recent institutional product activity tied to the network.