Overview
- Spot XRP exchange-traded funds, which hold XRP for investors like stocks, took in $17.11 million on April 15, the largest daily intake since February 3, according to SoSoValue data released April 16.
- Bitwise led the fund-level haul with $6.23 million in new cash, while 21Shares drew $5.43 million and Franklin added $5.3 million.
- Assets under management increased, with crypto.news reporting more than $1.25 billion for US-listed products, while CoinCentral’s snapshots showed $1.02 billion and later $592.92 million across a different product set.
- Analysts tied the renewed buying to the SEC’s CLARITY Act roundtable in Washington and to Ripple’s tokenized government bond pilot with South Korea’s Kyobo Life.
- XRP’s price climbed about 6% to near $1.42 as exchange supply sat near multi‑year lows, which can make ETF-driven demand push prices up more quickly.