XRP’s institutional funds are still seeing “moderate inflows,” with the ETF side sending signs of a marginal recovery.

Latest data (April 28, Eastern Time) shows that XRP spot ETF recorded a net inflow of about $220.18 million in a single day. Although the scale is not large, it has ended the previous wait-and-see pace.
Structurally:
On that day, only Can​ary Capital’s XRPC saw a net inflow ($220.18 million)
The ETF’s historical cumulative net inflow has reached about $424 million
In terms of overall scale:
XRP spot ETF total net assets are about $1.053 billion
Equivalent to about 1.23% of XRP’s market cap
The entire market’s historical cumulative net inflow is about $1.293 billion
The core significance of this set of data lies in:
Funds have not returned in large volumes, but “continuity” is starting to show.
Within the logic of ETF capital, small net inflows are often more worth watching than one-time large inflows—
Because they represent a “stable allocation intention,” not short-term trading behavior.
The keyword at this stage is not an explosion, but penetration.
When capital gradually enters the market with low volatility, the market structure often changes without people noticing.
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