US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their largest single-day capital inflow since January on April 17, as the reopening of a critical Middle Eastern shipping route sparked a broader market rotation into risk assets. According to SoSoValue data, the 12 products drew approximately $664 million in fresh capital on April 17.
XRP is trading around $1.43 as Bitcoin's breakout above its descending channel lifts broader market sentiment. The altcoin has staged a slight recovery from the recent low, but continues to lag meaningfully behind BTC's move.
In a recent response on X, Ripple CTO emeritus David Schwartz shares an XRP transaction hash, alongside which he wrote, "XRP sent," causing attention on X.