XRP's wedge bottom setup is forming as price quietly bleeds lower, while exchange outflows hint at heavy accumulation beneath the surface.
XRP exchange-traded funds (ETFs) have pulled in more money than their Solana ETF counterparts even though SOL has largely outperformed XRP on price during much of the year. The difference, according to market expert Sam Daodu, appears to come down to what's happening on the regulatory and institutional side.
Amid $1.07 billion in crypto fund outflows driven by Iran-related risk-off sentiment, XRP stood out by attracting $67.6 million in inflows, defying the broader market retreat.
President Donald Trump signed an executive order Tuesday, calling on the Federal Reserve to review rules that may be stifling financial innovation, including expanding fintech access to Fed payment rails. Trump Orders Fed To Examine Master Account Access The order asks the Fed to join other regulators in reviewing policies that could support fintech growth.
Goldman Sachs Group Inc. (NYSE: GS) trimmed its positions in Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) by more than $1 billion in the first quarter of 2026, but increased its exposure in Hyperliquid (HYPE).
XRP price continues to consolidate between $1.36 and $1.40 as the broader crypto market faces heavy selling pressure. Despite declining volatility and reduced whale activity, derivatives traders remain optimistic ahead of the upcoming monthly options expiry.
Daily inflows into U.S. spot XRP ETFs nearly doubled by May 20, climbing from $730,400 to $1.48 million, according to data from SoSoValue. The sudden increase was driven entirely by Franklin Templetons XRPZ fund, while other major issuers, including Bitwise and Canary Capital, recorded no new capital inflows for the day.
Institutional selling pressure remained firmly in control on Tuesday as bitcoin ETFs posted another major wave of outflows, while ether funds extended their losing streak to seven consecutive sessions. In contrast, solana and XRP ETFs continued to attract modest but steady inflows, reinforcing a growing divide in investor sentiment across the crypto market.
XRP exchange-flow data improved as Bybit's deposit-heavy transaction delta moved close to neutral around May 16 after weeks of pressure. Binance and Coinbase shifted withdrawal-side, although the metric tracks transaction counts rather than exact XRP volume entering or leaving exchanges.
XRP's price action may look subdued on the surface, but beneath the consolidation lies one of the most aggressive institutional infrastructure expansions currently unfolding across the digital asset industry.
The institutional demand for XRP, the native token of the XRP Ledger (XRPL), declined in May after a notable accumulation in April 2026.
By May 20, daily inflows into U.S. spot XRP ETFs almost doubled, rising from $730,400 to $1.48 million. According to SoSoValue data, this localized spike was driven entirely by Franklin Templeton's XRPZ fund.