XRP (CRYPTO: XRP) spot ETFs just snapped their longest inflow streak of 2026. The funds went 20 trading days without a single outflow between April 10 and April 29, pulling in roughly $82 million across the month. The streak broke on April 30 with a $5.83 million outflow, and XRP slipped below $1.40 afterwards.
The XRP price is now trading at $1.38 after losing the $1.40 support, and there have been no inflows since April 29. The daily ETF buying was holding the price up through April, even as XRP failed to break through the $1.45 resistance. With no ETF flows so far in May, what will it take for the XRP price to recover and inflows to resume?
The 20-Day XRP ETF Inflow Streak — and What Broke It
XRP spot ETFs pulled in money every trading day from April 10 through April 29—20 straight days without a single outflow. The biggest day was April 15 at $17.11 million, followed by $13.74 million on April 17 and $11.87 million on April 16. Most days came in between $1 and $5 million, smaller daily bites that helped XRP build its longest inflow streak of the year.
XRP ETFs ended April with roughly $82 million in net inflows, marking the funds’ best month since the late-2025 launch period. It was a reverse of what happened in March, which ended with $31 million in outflows. The April streak also pushed cumulative net inflows to $1.29 billion, marking the highest level since mid-January, when XRP was still trading above $2.
The funds posted $5.83 million in outflows on April 30, ending the 20-day streak, and there were no flows on May 1. We don’t have a public per-fund breakdown for April 30 yet, but every prior outflow this year has come from one source: 21Shares’ TOXR.
21Shares’ TOXR drove almost the entire $40 million outflow day in January while every other fund stayed positive. TOXR drove the April 9 outflow that ended XRP ETFs’ last streak too. And TOXR is also the only XRP ETF currently on negative cumulative flows, at -$20.70 million.
If TOXR drove April 30 too, the other four XRP ETFs likely still pulled in money that day. Either way, the steady daily flow that propped XRP up through April is gone, and the price didn’t waste any time showing it. XRP slipped below $1.40 the same week the buying stopped—and the timing doesn’t seem to be just a coincidence.
Why the XRP Price Lost $1.40 Right When ETF Buying Stopped
The XRP price ranged between $1.40 and $1.44 for most of the streak. The coin tested $1.50 on April 17 after seeing over $55 million in inflows that week, then slipped back to $1.42, and spent the rest of April hovering around $1.40-$1.44. XRP couldn’t break above $1.45 or hold there when it tried, but it also didn’t lose the $1.40 support—and the daily ETF buying was one of the key reasons why.
Inflows of $5 to $17 million a day aren’t enormous in a market that trades over $1.5 billion in XRP every 24 hours. But concentrated daily buying helped the price hold the key $1.40 support level. The demand from the ETFs had been absorbing the steady selling pressure from 60% of XRP holders who bought near $1.44-$1.45—and that created a tug of war inside the $1.40-$1.45 range.
Every time XRP pushed toward the $1.45 cost basis, those holders sold, and every day, the ETF buying came back to absorb the supply. Then XRP started losing the key price zones in the final week of April. Bitcoin slid from $79,000 toward $76,000, investors pulled out of risk assets across the board, and XRP slipped to $1.38 by April 28—even with $6.44 million of ETF inflows that day.
The buying was still there, but it just wasn’t enough to defend $1.40 against macro pressure and break-even selling at the same time. The April 30 outflow then pulled the daily demand entirely, and zero followed on May 1. With no buying pressure to help the price push back above, the $1.40 support has flipped into a resistance once again, and XRP is now trading at $1.39.
What Could Bring XRP ETF Inflows Back in May
The next two weeks could decide whether the XRP ETF buying comes back or the streak’s end was the start of a longer outflow slide. Two specific things in May can move the needle: the Q1 13F filings due in mid-May, and the CLARITY Act markup deadline of May 21.
The Q1 13F filings—quarterly SEC disclosures of institutional holdings—in mid-May, and the most-watched name on that list is Goldman Sachs. The snapshot from the bank’s Q4 2025 filing, showing the bank was the largest known institutional XRP holder—was taken in late December when XRP traded above $2.
The Q1 filing covers the quarter when XRP fell from $2.40 to $1.44. So, if Goldman held through that decline, the market would read it as a real bet on XRP rather than just facilitating client trades, and that signal would likely pull other capital in.
Then the CLARITY Act markup is the next big thing. Senator Thom Tillis confirmed on April 29 that he’ll push Chairman Tim Scott to schedule the markup as soon as the Senate returns. Making XRP’s commodity status permanent would give institutions the legal certainty they’ve been waiting on. The bill is expected to facilitate billions in XRP ETF inflows.
Where the XRP Price Goes From $1.37
XRP ETF buying held the $1.40 support in April, but holding the key support was the best of what it could do. $5 to $17 million inflows a day was enough to absorb the selling at $1.44, but it was never enough to push XRP through $1.45. And once the buying stopped, the $1.40 level had nothing to defend it.
For the XRP price to actually break out, the buying has to come back, and something has to lift the wider market with it. Bitcoin breaking above $80,000, capital rotating into altcoins, Clarity Act passing, or an end to the Iran and U.S. war, could impact the XRP price to reclaim $1.40 and beyond.