According to CoinShares research, last week’s net inflow into digital asset investment products was approximately $224 million, but over the weekend, due to strong retail data and hawkish interest rate expectations, it turned into a slight outflow. Regionally, Switzerland led with inflows of about $157.5 million, followed by Germany with $27.7 million, Canada with $11.2 million, and the United States with $27.5 million. In terms of assets, XRP saw inflows of approximately $119.6 million, with a total of $159 million year-to-date; Bitcoin saw inflows of about $107.3 million, with a net outflow of approximately $145 million this month, and short Bitcoin products saw inflows of around $16 million, reaching a recent high. Solana saw inflows of $34.9 million, while Ethereum continued to redeem, with a net outflow of about $52.8 million, affected by negative news related to the Clarity Act.

As of 4/24, XRP is fluctuating around $1.42. The 8-hour chart shows a hidden bearish divergence and a head and shoulders top, with a theoretical downside of approximately 18.81%. Key support is in the $1.30–$1.34 range; if broken, it will trigger a deeper correction. Meanwhile, spot ETF inflows have continued for nearly two weeks, with institutional buying delaying the decline. The market shows divergence: technical indicators point to a collapse, while capital inflows support hedging and a potential rebound, with $1.30 serving as the subsequent test anchor.