New York, January 5, 2026, 14:32 EST
XRP rose about 9% to $2.27 on Monday after trading between $2.08 and $2.27, according to market data.
The move is drawing attention to XRP-linked exchange-traded funds (ETFs), listed vehicles that track an asset and trade like a stock. Traders are watching whether steady ETF demand is starting to show up more clearly in the token’s spot price.
U.S.-listed spot XRP ETFs took in about $43 million last week and now hold $1.37 billion in net assets, FXStreet reported, citing SoSoValue data. XRP futures open interest — the value of outstanding derivatives contracts — rose to about $3.8 billion, and “a daily close below the pivotal $2.00 level could see XRP resume the downtrend,” analyst John Isige at FXStreet wrote. FXStreet
CryptoQuant said its seven-day average taker buy/sell ratio for XRP climbed to 0.991, the highest since late November. The measure compares aggressive market buy orders with market sells in derivatives trading; readings near 1 suggest buyers are roughly matching sellers. Cryptoquant
24/7 Wall St. said U.S.-listed XRP ETFs have absorbed $1.3 billion in about 50 days since launching in mid-November, logging 43 straight trading days of inflows and no outflow days. The site said the funds drew $483 million in December even as bitcoin funds saw $1.09 billion of outflows and ethereum funds lost $564 million, while XRP traded around $2 after a December low near $1.77. 24/7 Wall St.
ETF creations can pull tokens into custody, but they do not guarantee immediate buying in the open market. Much of XRP trading remains concentrated in spot exchanges and perpetual futures, where leverage can amplify both rallies and pullbacks.
For now, the focus is on whether prices can stay comfortably above $2 as fresh fund flows and derivatives positioning build. A clean break higher would put more attention on the ETF tape as a driver, rather than a side story.
The risks run in both directions. If inflows cool or profit-taking accelerates, crowded derivatives positions can unwind quickly, dragging prices lower and widening moves in thinner altcoin markets.