XRP Gains 5%, Price Rises to $1.46 on Institutional ETF Inflow
Ripple (XRP) price fires up by 5 % to $1.46 in 24h, significantly outperforming a flat Bitcoin, primarily driven by a surge in institutional exchange-traded fund (ETF) demand.
Crypto analysts said the move reflects a combination of steady capital allocation and positive ecosystem developments, shifting XRP target price to $1.60 – the past resistance point.
Supporting the momentum. ,traders noted a record ETF inflows, with a net $17.11 million entering U.S. spot XRP ETFs on April 15—the largest single-day inflow in over two months.
The primary catalyst is a $17.11 million net inflow into U.S. spot XRP ETFs on April 15, the largest daily inflow in more than two months.
Over three days, inflows totaled nearly $30 million, pushing total assets under management above $1 billion. This signal renewed institutional accumulation.
Institutions are deploying capital into XRP despite a neutral broader market, providing a direct demand-side catalyst.
Two factors amplified the move. First, Rakuten Wallet launched a large-scale integration on April 15, connecting XRP to 44 million monthly active users in Japan. Second, on-chain data shows whale accumulation at a 10-month high, and a trader opened a 20x leveraged long position for 1.5 million XRP.
The immediate trend hinges on the $1.40 level (a key Fibonacci 61.8% retracement). Holding above it opens a path toward $1.50.
The next major catalyst is the U.S. Senate Banking Committee’s potential markup of the CLARITY Act, expected later in April, which could provide regulatory clarity.
The combination of record ETF inflows and tangible utility growth has driven XRP’s outperformance. Maintaining above $1.40 is critical for the next leg up.
Traders said investors should monitor whether ETF inflows remain positive in the next 24–48 hours to confirm institutional conviction. XRP Slides to $1.33, Tracking Below Target Price
