- XRP ETF inflows reached a record $1.35 billion as institutional demand continued rising in May.
- Traders are also watching the May 14 CLARITY Act discussion, which could influence XRP’s next price move.
XRP is back in focus after exchange-traded funds linked to the token recorded their strongest inflow day in four months. While the price slipped slightly over the last 24 hours, rising institutional demand and growing market activity have kept bullish expectations alive ahead of an important U.S. Senate meeting.
The digital asset is trading around $1.42 to $1.44 at the time of writing. Although XRP remains below the recent $1.50 high, several indicators suggest buying interest is still growing.
XRP ETF Inflows Reach New Record
Spot XRP ETFs attracted $25.8 million in inflows on May 11. This marked the largest single-day inflow since January and extended a five-day streak of positive flows.
Data from SoSoValue showed cumulative XRP ETF inflows have now climbed to a record $1.35 billion. Major asset managers, including Bitwise, Franklin Templeton, and Grayscale, led the latest inflow surge.
XRP investment products have also continued attracting institutional capital throughout 2026. According to CoinShares, XRP exchange-traded products recorded $40 million in inflows during the week ending May 8. Total inflows for the year have now reached $191 million, while assets under management stand at $2.5 billion.
James Butterfill, Head of Research at CoinShares, described the recent rise in inflows as a notable acceleration linked partly to developments around U.S. crypto regulation.
Senate Meeting on CLARITY Act Draws Attention
Crypto traders are also closely watching the U.S. Senate Banking Committee meeting scheduled for May 14. The committee will discuss the CLARITY Act, a bill designed to define whether digital assets should be classified as securities or commodities.
The proposal could reduce uncertainty for crypto companies operating in the United States. It may also have implications for Ripple and its long-running legal battle with the SEC. Market participants believe the discussion could influence short-term sentiment across the crypto market. XRP traders remain especially alert because regulatory clarity has often played a major role in the token’s price swings.
XRP Technical Levels Traders Are Watching
Technical indicators currently show mixed but improving conditions for XRP.
The Relative Strength Index sits near 51, signaling neutral market conditions. Meanwhile, Chaikin Money Flow remains positive at 0.13, suggesting steady capital inflows into the asset.
Analyst ChartNerd believes XRP could be preparing for another breakout after bouncing from a long-term ascending support line. A weekly MACD golden cross has also added to bullish expectations.
Is $XRPs multi-month ascending support setting the stage for a breakout toward $1.80, or will the $1.50–$1.60 resistance neckline prove too strong to overcome? Here's my view on the current structure. Enjoy XRP family 👍🏻 pic.twitter.com/BmKcdbXJwF
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) May 11, 2026
Traders are now watching the $1.47 resistance level closely. A successful move above that zone could open the path toward $1.50 and possibly $1.55 in the near term.
Some analysts continue targeting $1.80 if buying pressure strengthens further.
XRP Wallet Growth Supports Bullish Outlook
On-chain data has also shown increasing confidence among long-term holders.
Analytics platform Santiment reported that the XRP Ledger recently reached a record 332,230 wallets holding at least 10,000 XRP. The firm noted that wallet growth has remained steady since June 2024.
According to Santiment, many larger holders accumulated XRP during lower price periods instead of buying during rallies. This behavior is often viewed as a sign of stronger long-term conviction. Additional data from CoinGlass showed XRP futures open interest has climbed 23% in May. At the same time, analysts observed improving spot market demand as XRP’s 90-day spot taker cumulative volume delta turned positive.
Growing ETF inflows, rising wallet activity, and increased futures participation are now shaping expectations ahead of the Senate’s upcoming crypto discussions.
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