XRPI And XRPR Ease To $8.07 And $11.40 As XRP ETFs Bleed But XRP Holds $1.40

XRPI And XRPR Ease To $8.07 And $11.40 As XRP ETFs Bleed But XRP Holds $1.40

With XRP down roughly 33% in three months and U.S. XRP ETFs losing about $2M in a day, fresh $1.53M inflows into Franklin’s XRPZ and steady XRP support near $1.40 highlight a cautious but accumulating market | That's TradingNEWS

TradingNEWS Archive 2/19/2026 4:18:09 PM
Crypto XRP/USD XRP USD

XRPI & XRPR – XRP ETFs trapped between risk-off flows and quiet dip-buying

XRPI ETF – $8.07 price action in the context of a 3-month XRP drawdown

XRPI ETF at $8.07 is marginally below the previous close at $8.10, with today’s range tight between $7.89 and $8.09. That sits only slightly above the 52-week floor at $6.50 and far beneath the high around $23.53, so the fund is trading in the bottom third of its annual range despite XRP itself stabilizing around $1.41. The average daily volume near 583.7K units shows decent liquidity, but today’s trading band tells you the market is not in panic mode; this is controlled pressure, not an air pocket. The key point is where this $8–handle sits relative to the past three months: XRP has already dropped roughly 33% over that period, and XRPI has followed that bleed lower, but the tape today shows orderly selling rather than forced capitulation. XRPI is essentially reflecting a market that accepts lower XRP prices but is not yet ready to pay up for a sharp rebound.

XRPR ETF – thin liquidity, sharper moves around $11.40

XRPR ETF at $11.40 is down about 2.15% on the day from a prior close near $11.65, trading in an even tighter intraday band between $11.40 and $11.50. Against a 52-week range of $9.50 to $25.99, the current level also sits very low in the historical distribution, closer to the floor than the mid-range. Average volume around 12.2K shares is a fraction of XRPI’s turnover, so each marginal order moves the tape more aggressively. The small float and thin trading explain why XRPR can overshoot intraday even when XRP itself is flat to slightly lower. At $11–$12, you are effectively dealing with a levered expression of the same XRP view: similar directional exposure, but more sensitive to flows because the order book is shallow. That makes XRPR a higher-beta tool for anyone positioning on XRP’s next leg, upward or downward.

XRP spot around $1.41 – key $1.40 support and what the chart is signaling

Spot XRP trades around $1.41, after retesting and holding support near $1.40. The token is still well below the downward-sloping moving averages: the 50-day EMA sits near $1.70, the 100-day close to $1.91, and the 200-day around $2.12. That structure is unambiguously corrective: price under all three EMAs, all of them turned lower. The last bounce from $1.40 came after the market had already probed as high as $1.49, but sellers stepped in ahead of $1.50 and pushed it back into the support zone. On the momentum side, the MACD on the daily chart remains above its signal line and the histogram is positive, while the money-flow index is hovering in the low-to-mid 60s. That combination – price near support, medium-term trend still down, but MACD and MFI holding constructive – describes a market in consolidation rather than in free fall. A clean move above $1.50 would be the first sign that XRP is ready to challenge the 50-day EMA near $1.70; a daily close below $1.40 would open the path toward the October low around $1.25 and the February low near $1.12.

XRP ETF complex – $1.0B in AUM, net outflows but pockets of accumulation

Across the US-listed XRP ETF universe, total assets stand slightly above $1.0B, around 1.2% of XRP’s total market capitalization. That pool hit a record near $1.65B in early January, so about a third of the capital has bled out as risk appetite cooled. Daily flows show the same pattern: recent outflows of roughly $2.0–2.2M in a single session are not catastrophic in dollar terms, but they confirm that money is leaving on balance. Cumulative inflows remain sizable near $1.23B, which means most positions are still in the structure; this is a trimming phase, not a full unwind. In that context, XRPI and XRPR are moving with the broader complex, not against it. The pressure on these two funds reflects an ecosystem that is reassessing size, not abandoning XRP as an asset.

 

Franklin’s XRPZ – $1.53M inflow, $243.6M AUM and what that says about timing

One of the clearest signals against the narrative of pure capitulation comes from XRPZ, which just took in about $1.53M of fresh money in a single day. That represents roughly 0.63% of its assets and lifts its AUM to around $243.6M. The timing matters: that subscription arrived while XRP itself is down almost 33% over three months and daily technicals still screen as “Sell” on short-term momentum dashboards. That tells you this is not hot money chasing strength; it is capital stepping in while charts still look uncomfortable. When you combine that with the more modest but positive flows into other alternative-L1 products like the Solana ETFs – which just added around $2.4M in a day and have now accumulated close to $700–880M in assets – you see a rotation within crypto risk, not an exit. XRPZ’s inflow is a concrete vote that some desks prefer to accumulate exposure at these levels rather than join the selling.

Crypto ETF backdrop – Bitcoin and Ethereum redemptions frame the risk mood

The broader ETF environment is clearly risk-off. Spot Bitcoin funds have just seen daily net redemptions of about $133M, with the two largest vehicles losing roughly $84M and $49M each in one session. Assets in the Bitcoin ETF complex now stand near $83.6B, roughly 6.3% of BTC’s market capitalization, down from a peak above $170B in the autumn. Ethereum products show a similar pattern: around $41–42M of daily outflows, with total ETF assets near $11.1B, or 4.8% of ETH’s market value, versus a prior high around $25.7B. Against that backdrop, the $2–2.2M leaving XRP ETFs is part of a much wider de-risking. That is crucial for interpreting XRPI and XRPR: their weakness is not idiosyncratic; it is driven by the same cross-asset rotation that is hitting BTC and ETH products. As long as BTC trades trapped between support around $65,118 and resistance near $72,271, with ETF balances shrinking, capital dedicated to crypto exposure will stay selective and short-term bounces in XRPI and XRPR will struggle to follow through.

Technical and flow read-through for XRPI and XRPR from here

From a structural standpoint, XRPI at $8.07 is sitting just above its 52-week floor while the underlying XRP holds $1.40 support and the ETF complex bleeds modestly. That is classic early-accumulation territory: price crushed versus the highs, momentum washed out, but still no decisive reclaim of moving averages. XRPR around $11.40 carries the same directional signal but amplifies every headline because of its very low trading volume. If XRP slices below $1.40, XRPI very likely revisits the $6.50–7.00 zone and XRPR slides back toward its $9.50–10.00 area, with illiquidity exaggerating prints. If XRP instead breaks above $1.50 and pushes toward the $1.70 EMA cluster, XRPI has room to re-rate back into the low double digits, and XRPR can move faster given its structure. Flow data add a second dimension: aggregate outflows across XRP ETFs tell you not to expect a straight-line recovery yet, but targeted inflows into names like XRPZ show that capital is starting to lean into the weakness rather than fleeing from it.

XRPI, XRPR – verdict on bias: medium-term constructive, short-term still under pressure

Putting price, flows and the macro ETF backdrop together, the message for XRPI ETF and XRPR ETF is clear. In the very short term, the bias is still heavy: XRP is pinned near $1.40, all the major moving averages are rolling over, and the entire crypto ETF sleeve – Bitcoin, Ethereum and XRP – is seeing net redemptions. That keeps both XRPI and XRPR vulnerable to another leg lower if support finally breaks. Over a medium-term window, the picture is more constructive. XRPI at $8.07 and XRPR at $11.40 are already pricing in a large portion of the three-month XRP drawdown, the ETF complex still controls over $1.0B in XRP exposure, and selective dip-buying in XRPZ and Solana products shows that sophisticated capital is rotating, not evacuating. On that basis, XRPI sits in accumulation-zone territory with a cautious bullish bias, while XRPR is a higher-risk, higher-beta expression of the same view. As long as XRP defends $1.40 and ETF outflows remain modest rather than explosive, weakness in both funds looks more like a grinding repricing than the start of a structural collapse.

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