$650M so far – Could more ETF inflows push XRP’s price to $5?

The market’s swinging back to risk-on, and alts are grabbing capital fast. 

Ripple [XRP] is outpacing the pack. From the technical standpoint, it is up about 14% on the week to $2.20, nearly double Ethereum’s [ETH] move.

On the quarter, it’s recovered losses, with Q4 ROI sitting around -22%.

Against this backdrop, Ripple could lead the alts into year-end. Institutional investors have poured $643 million into XRP ETFs so far, with Canary Capital (XRPC) contributing 51% of the total.

Source: SoSo Value

In short, price action is matching Ripple’s growing Wall Street presence.

However, it still needs about a 20% bump to fully flip Q4 momentum. Add in the memory of the October–November sell-off, and investors are staying a bit cautious. Yet, signs of renewed optimism are starting to appear.

Institutional flows are leaving a deeper imprint on XRP’s on-chain metrics, and capital from other large-cap cryptos is moving in as well. Could all of this mean that XRP’s cycle lead is only just getting started?

XRP shows signs of a deeper bullish phase

Institutional appetite for XRP is catching up with broader investor interest.

For instance, a massive transfer just hit the XRPL. 110,193,345 XRP moved in a single transaction. Remarkably, it was sent from Bitcoin [BTC] markets and processed for just 0.01 XRP in fees. 

In return, this demonstrated why the XRPL continues to stand out, delivering speed, scale, and efficiency that few networks can match. Meanwhile, Binance’s XRP reserves have dipped to nearly a monthly low.

Source: CryptoQuant

Since the October crash, investors have withdrawn roughly 270 million XRP from exchanges, including 84 million XRP just this week, showing that stronger hands are supporting Ripple’s outperformance.

Technically and on-chain, XRP’s ETF inflows are digging deep, and the rally looks broad-based rather than concentrated, reminiscent of the November 2024 run, when it surged over 200% in a single month.

If momentum holds, another 120%+ surge could push Ripple toward $5, signaling the start of a deeper bullish phase, with ETF inflows driving wider market interest.

Final Thoughts

• Large transfers and lower exchange supply show strong on-chain activity.
• XRP is rising as institutional and ETF demand grows, supporting a move toward $5.