CryptocurrencyCrypto NewsWed, May 20, 2026, 9:40 AMPositive

XRP ETF rises as bulls target $2, while SHRMiner cloud mining’s daily passive income of $5,700 attracts attention

XRP exchange-traded funds (ETFs) have seen a significant increase in inflows, with a notable $60.50 million influx over a week, coinciding with heightened on-chain activity within the Ripple ecosystem. This surge reflects a growing interest in XRP as bulls aim for a price target of $2. Additionally, SHRMiner's cloud mining operation is generating daily passive income of $5,700, further attracting attention in the cryptocurrency space.

XRP ETF rises as bulls target $2, while SHRMiner cloud mining’s daily passive income of $5,700 attracts attention

WPN Brief

  • What Happened

    XRP exchange-traded funds (ETFs) have seen a significant increase in inflows, with a notable $60.50 million influx over a week, coinciding with heightened on-chain activity within the Ripple ecosystem. This surge reflects a growing interest in XRP as bulls aim for a price target of $2. Additionally, SHRMiner's cloud mining operation is generating daily passive income of $5,700, further attracting attention in the cryptocurrency space.

  • Why It Matters

    The rise in XRP ETF inflows is crucial for Ripple as it indicates a strengthening market position and renewed investor confidence. The substantial inflows, particularly the largest single-day net inflow since January, suggest that institutional interest in XRP is increasing, which could lead to further price appreciation and market stability for Ripple's offerings.

  • The Bigger Picture

    This development is part of a broader trend where XRP has experienced a remarkable 1,220% increase in investment product inflows recently, signaling a shift in market sentiment. The growing bullishness among traders and the significant uptick in futures open interest highlight a potential shift towards greater acceptance of XRP and cryptocurrencies in general, as investors seek to capitalize on the evolving landscape of digital assets.

Ask WPN AI

Related Reports

More coverage on this story

9 reports across the wire

Crypto News
May 17

XRP ETF inflows surge as network activity hits March highs

XRP exchange-traded funds (ETFs) have experienced a significant surge in inflows, totaling $60.50 million in a week, coinciding with a peak in network activity reminiscent of March highs. Despite this positive momentum, XRP's price faced rejection, leading traders to focus on key resistance levels.

Cryptocurrencyneutral
Crypto News
May 12

Can XRP reclaim $3 and beyond? ETF inflows hit a January high at $1.47

Spot XRP ETFs have seen significant growth, accumulating $1.35 billion in net inflows, driven by Ripple's collaboration with JPMorgan on tokenized Treasuries tests. On a notable day, five U.S.-listed spot XRP ETFs collectively garnered $25.8 million, marking the largest single-day inflow since January.

Cryptocurrencypositive
Crypto Briefing
May 15

XRP traders see growing bullishness as ETFs log record inflows

XRP traders are experiencing increased bullish sentiment as institutional interest in XRP exchange-traded funds (ETFs) rises, leading to record inflows. This trend indicates a growing acceptance of cryptocurrency within the financial sector.

Cryptocurrencypositive
CoinDesk
May 12

Spot XRP ETFs attract biggest inflows since January

The five U.S.-listed spot XRP exchange-traded funds (ETFs) recorded $25.8 million in inflows on May 11, marking the largest single-day net inflow since January 5. This surge comes amidst a contrasting trend where ether spot ETFs experienced significant outflows.

Cryptocurrencypositive
Cointelegraph
May 12

XRP traders say bullishness ‘growing’ as ETFs log largest inflow since January

XRP traders are experiencing growing bullishness as exchange-traded funds (ETFs) for XRP recorded their largest inflow since January, totaling $25.8 million on May 11, 2026. This surge reflects strong institutional demand and a favorable technical structure for XRP.

Cryptocurrencypositive
Crypto News
May 12

U.S. spot XRP ETFs post strongest inflow day in four months

U.S. spot XRP exchange-traded funds (ETFs) have experienced their largest daily inflow in approximately four months, with a total of $25.8 million recorded on May 11, according to data from SoSoValue. This marks a significant uptick in investor interest in XRP amid a broader recovery in the cryptocurrency market.

Cryptocurrencypositive
Bitcoinist
May 16

XRP ETF Accumulation Pushes Marex Group Among Top Holders

Marex Group has seen a significant increase in its stock value, climbing over 15% in a week, following its disclosure of a $9.4 million position in two spot XRP exchange-traded funds (ETFs), positioning it among the top institutional holders of XRP ETF shares in the United States.

Cryptocurrencypositive
NewsBTC
May 13

XRP’s 1,220% Spike, What’s Going On And Who’s Driving The Growth?

XRP investment products experienced a remarkable inflow surge of 1,220%, attracting $39.6 million last week, up from $3 million the previous week, as reported by CoinShares. This increase coincides with a broader trend of positive sentiment in the digital asset market, particularly surrounding the CLARITY Act and stablecoin regulations.

Cryptocurrencypositive
NewsBTC
May 9

Spot Bitcoin ETFs See Strongest Buying Streak In 9 Months

U.S. spot Bitcoin exchange-traded funds (ETFs) have recorded their strongest buying streak in nine months, achieving net inflows for six consecutive weeks, totaling $3.4 billion since early April. Despite recent outflows of $277 million and $145 million on Thursday and Friday respectively, the overall trend remains positive, with the latest week logging $622 million in inflows.

Cryptocurrencypositive

Apps

Useful picks

Explore all apps

Articles

Continue Reading