The market is watching whether XRP ETFs will accelerate institutional inflows and reshape the landscape. [Photo: Shutterstock]

[DigitalToday reporter Yoonseo Lee (이윤서)] Major XRP spot exchange-traded funds (ETFs) rose across the board in recent trading. Volumes were not large, but buying flowed into spot and leveraged products, confirming a short-term bullish trend in XRP-linked investment products.

According to totals from on-chain analytics firm SoSoValue and CoinGlass cited by blockchain outlet The Crypto Basic on April 11 (local time), gains were limited but major products moved in the same direction. Asset manager Bitwise’s XRP spot ETF, "XRP", rose 0.46 percent to $15.25, while the second-largest XRP spot ETF, Canary’s "XRPC", gained 0.62 percent to trade at $14.50.

Other spot products showed a similar pattern. Franklin’s XRP spot ETF "EZRP" rose 0.47 percent to $14.81, and 21Shares’ XRP ETF "TOXR" gained 0.45 percent to $13.28. Grayscale’s XRP spot trust "GXRP" rose 0.69 percent to close at $26.44. Among spot products, REX-Osprey’s XRP spot ETF "XRPR" was relatively strong, up 0.71 percent at $11.17.

Leveraged products also joined the rise. Teucrium’s 2x Long Daily XRP spot ETF "XXRP" rose 1.29 percent to $3.92, and Volatility Shares Trust’s XRP spot ETF "XRPI" gained 0.50 percent to $7.69, according to the data. The coordinated rise suggests demand to increase exposure to XRP through investment instruments within the regulatory framework.

Trading volume, however, was minimal. CoinGlass data showed daily trading volume for XRP spot ETFs across all products was below $10 million. Combined daily volume for these spot products was $7.65 million, compared with $34.8 million for BlackRock’s iShares Bitcoin Trust (IBIT) over the same period.

Low volume despite rising prices is often interpreted in the market as an accumulation phase. The analysis is that large investors can quietly build positions without triggering a sharp jump in prices or broader market interest. If this pattern continues, it also suggests the potential for early positioning before wider demand flows in.

Against this backdrop, market attention is focused on two issues. One is whether the rise in XRP spot ETF prices will continue without an expansion in trading value. The other is whether gains amid limited trading, as now, will lead to a real increase in fund inflows. Based on current figures, product prices rose together, but the trading base remains far from the level of spot bitcoin ETFs.

This move stood out because XRP-linked exchange-traded products (ETPs) as a whole moved in the same direction. Trading volume remained limited despite higher prices, leaving how long actual inflows will continue as the next point to watch.

Keyword

#XRP #SoSoValue #CoinGlass #BlackRock #IBIT
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