XRP Just Broke Out To A Three-Week High As Spot ETF Inflows Hit A Two-Month High

While Bitcoin can’t quite figure out what it wants to do at $75,000, XRP just gave the market its answer.

Ripple’s token popped nearly 6% on Thursday to a three-week high of $1.42, the strongest performance of any top-10 cryptocurrency on the day.

That move pushed XRP’s market cap back above $87 billion and restored its spot as the fourth-largest coin in the world.

And the money behind the rally is what really caught the eye.

Over the past four sessions, U.S.-listed spot XRP ETFs have logged a streak of inflows for the first time since March. Wednesday alone saw more than $17 million pour in — the biggest single-day haul since early February. Total assets under management across the seven U.S. spot XRP funds are now above $1.25 billion, with cumulative inflows pushing past $1.22 billion.

Put plainly: institutions are not sitting this one out.

CoinDesk laid out the bigger picture in Thursday morning’s daybook:

While bitcoin drifts around $75,000, XRP is seeing renewed interest, with U.S.-listed spot ETFs taking in more than $17 million in their strongest inflow since early February.

Ripple’s partnership with Kyobo Life to test South Korea’s first real-time tokenized government bond settlement and bullish signals in XRP derivatives point to growing institutional and speculative demand.

That Kyobo deal — announced earlier this week with one of South Korea’s Big Three life insurers — is a serious piece of the puzzle. It’s Ripple’s first major Korean institutional partnership, and the XRP Ledger is the rail that actually settles the tokenized government bonds. You don’t run Korea’s first on-chain bond pilot through a ledger you don’t take seriously.

Then there’s Washington.

Crypto.news reported Thursday that the SEC CLARITY Act roundtable officially kicked off:

The SEC CLARITY Act roundtable convened in Washington today, April 16, bringing regulators and industry together for a public discussion on digital asset market structure as the Senate Banking Committee targets a late-April markup of the most consequential crypto bill the US has ever seen.

Today’s roundtable does not shorten that path, but it signals regulators are aligned and waiting for lawmakers to act.

For XRP specifically, the CLARITY Act matters more than it does for almost any other top-10 coin. A clean statutory line between the SEC and CFTC — one that hands digital commodities to the CFTC — would effectively cement the regulatory clarity Ripple already fought and won for in court. JPMorgan analysts cited optimism around CLARITY’s progress this week as part of why the whole market is quietly bidding XRP back up.

On the charts, XRP has now punched back above its 50-day EMA near $1.41 — a level bulls have been watching for weeks. The next target analysts are eyeing sits around $1.55, where the 100-day EMA has been acting as resistance.

A three-week price high. A two-month ETF inflow record. A first-of-its-kind Korean institutional deal. A Washington roundtable playing out as the Senate lines up its markup. Every one of those factors would justify a move on its own. Right now they’re all hitting in the same week.

Crypto has a habit of humbling anyone who gets too comfortable, so nothing is guaranteed from here. But if you’ve been waiting for XRP’s setup to look clean again, the chart is starting to look an awful lot like it does.

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