XRP ETFs have shifted sharply after a shaky start to the year, and the change is evident in both flows and the market. Following a troubling first quarter, funds have recorded strong, sustained inflows that helped push the altcoin above the $1.40 level.
XRP ETFs Hit Best Week Of 2026
Market expert Sam Daodu, writing for 24/7 Wall St., reported that XRP ETFs brought in $55.39 million during the week ending April 17, which he described as the best weekly performance of 2026 to date. On April 20, the funds added another $3 million.
Just as important for sentiment, there have been no outflows since April 9. Daodu noted that this is the first stretch of uninterrupted, sustained buying XRP ETFs that they have put together throughout the year.
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In the months leading up to April, XRP ETFs were bleeding assets. Their assets under management peaked above $1.5 billion in January, but that figure slipped below $950 million by March as outflows intensified.
This time around, Daodu emphasized that inflows have been steadier—arriving day after day rather than in sporadic bursts—suggesting a more durable shift in investor behavior.
Within the competitive lineup of XRP products, the cumulative inflow lead still belongs to Canary Capital, which holds $421.86 million in net inflows across the suite. However, Daodu said that the lead has narrowed.
In April, Canary has logged zero net inflows on most trading days, while Bitwise and Franklin Templeton have been adding nearly every day. Bitwise’s cumulative inflows now stand at $419.17 million, leaving it just $2.69 million behind Canary and giving it a clear opportunity to take the top spot this week.
Franklin Templeton’s XRPZ trails in third place, consistently close behind Bitwise throughout the April run. In Daodu’s framing, Bitwise and Franklin have absorbed nearly all of April’s inflows, while the rest of the XRP ETF sector has been flat or negative.
The Key Catalyst Missing
Daodu also pointed to a key catalyst that could determine whether this positive momentum continues. The likelihood of follow-through for XRP ETFs, according to the expert, is tied largely to US regulatory clarity—specifically, the CLARITY Act.
The bill is facing a tight May deadline after missing its April markup window. Senator Thom Tillis has urged Senate Banking Chair Tim Scott to delay the markup to May, and timing matters because the legislation would need to clear the committee before the Senate’s May 21 recess.
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If it doesn’t, Daodu suggested that the anticipated crypto market structure framework could be delayed indefinitely. The CLARITY Act is expected to permanently and officially classify XRP as a digital commodity.
That classification is not just a theoretical legal detail—it’s seen as the missing piece that could reduce uncertainty for institutions. A Coinbase survey cited in the report found that 65% of institutional investors are waiting for that exact type of clarity before committing meaningful capital to XRP.
As of this writing, the altcoin is consolidating at around $1.43, having gained 2% and almost 8% over the last seven and fourteen days, respectively.
Featured image from OpenArt, chart from TradingView.com