Tuttle Capital has filed for an XRP Income Blast ETF, the latest sign that Wall Street’s interest in XRP exposure is growing faster than most people in the market seem to realize.
In related news, US spot XRP ETFs quietly brought in over $75 million in April — with almost no attention, as traders focused on Bitcoin and Ethereum instead.
Institutions Accumulate Without Much Notice
Data from SoSoValue shows that US spot XRP ETFs now hold a total of $1.08 billion, which equals 1.20% of the token’s entire supply. Inflows have been steady and one-sided. Since April 9, there haven’t been any significant outflows, with only a minor $661,000 dip recorded during that whole period.
On a single day, ETFs took in $3.89 million, led by the Franklin Templeton XRP ETF, which trades under the ticker XRPZ. The steady nature of these flows suggests that institutional buyers are positioning for the long term, rather than engaging in the short-term trading typical of retail-driven markets.
💸 The XRP Ledger saw 34.94 million XRP leave exchanges in a single day — the sixth-largest 24-hour outflow of the year. Historically, these large outflow days have been followed by bullish price moves.
🔗 Check out XRP outflows on Santiment anytime: https://t.co/WLCy1405T2 pic.twitter.com/nTDT8nDnV3
— Santiment (@santimentfeed) April 24, 2026
One market observer noted on social media that the $75 million inflow in April went largely unnoticed because attention stayed on bigger tokens. The implication: that kind of gap rarely lasts.
Whale Activity Dominates On-Chain
On the blockchain side, the XRP Ledger saw 34.94 million XRP leave exchanges in a single 24-hour period — the sixth-largest daily outflow of 2026, according to Santiment. Large outflows like this have historically come before price increases, since tokens leaving exchanges reduce the amount available for immediate selling.
This isn’t retail activity. Large holders accounted for 94% of recent outflows on Binance. That means almost all of the movement came from wallets holding significant amounts of XRP.
At the same time, whale transfers back into Binance rose to around 3,000 transactions on April 23 and 24, after dropping close to zero in the days before. Reports suggest this bounce-back indicates active repositioning — not distribution. Big players appear to be moving XRP with a clear purpose.
What that purpose is remains open to interpretation, but the scale and speed of the activity stand out.
In related news, XRP signals an imminent breakout — could a 10% rally be coming?
ETF demand and on-chain signals are picking up, but XRP isn’t following through yet. The price keeps failing at resistance and easing back toward $1.43, staying just above the $1.40 support zone.
Featured image from Pexels, chart from TradingView.
Frequently Asked Questions
Here is a list of FAQs about the surge in demand for XRP ETFs based on the 75 million inflow and whale activity
BeginnerLevel Questions
1 What is an XRP ETF
An XRP ETF is a fund that tracks the price of XRP You can buy shares of it on a stock exchange just like a regular stock It lets you invest in XRP without having to buy store or manage the cryptocurrency yourself
2 Why is 75 million in inflows a big deal
It shows that a lot of money is suddenly pouring into these funds When investors put 75 million into XRP ETFs in a short time it signals strong demand and often pushes the price of XRP up
3 Who are whales and why are they buying
Whales are large investors or institutions that hold massive amounts of crypto When they start buying XRP ETFs it usually means they expect the price to go up Their buying can also trigger other investors to follow
4 How is an XRP ETF different from buying XRP directly
When you buy XRP directly you own the coin and have to store it in a wallet With an ETF you own a share of a fund that holds XRP ETFs are easier to trade in a regular brokerage account and dont require crypto wallets or private keys
5 Is it safe to invest in an XRP ETF right now
Like all crypto investments its risky The surge in demand and whale activity suggests strong momentum but XRP is still volatile Its safer than buying XRP directly on an unregulated exchange but its not safe in a traditional sense
AdvancedLevel Questions
6 What specifically triggered the 75 million inflow and whale interest
The surge is largely tied to the final resolution of the SEC vs Ripple lawsuit which removed a major legal cloud Combined with the launch of spot XRP ETFs in the US and expectations of a more cryptofriendly regulatory environment institutions are now confident enough to enter
7 Are these inflows from retail investors or institutions
The 75 million figure is primarily driven by institutional investors and whales Retail investors are also buying but the size of these inflows suggests big money is moving in likely from hedge funds and asset managers