News linked to both this project and an event.
Bitget Wallet has launched a Labor Day QR code payment campaign, running from April 28 to May 7, further driving the adoption of stablecoin payments in everyday consumption and travel scenarios across the Asia-Pacific (APAC) region. During the campaign, users who complete offline QR code payments using USDT or USDC will receive RLUSD cashback for each transaction. From May 1 to May 7, Bitget Wallet will randomly select one paying user per day to receive an additional 1,000 RLUSD cashback. To lower the barrier to first-time usage, Bitget Wallet will also airdrop XRP to eligible participants—serving as the account reserve required to activate RLUSD withdrawals. RLUSD is a compliant U.S. dollar-pegged stablecoin issued by Ripple and regulated by the New York State Department of Financial Services (NYDFS). This campaign marks Bitget Wallet’s first real-world consumer application following its integration of the XRP Ledger (XRPL) mainnet and onboarding of the RLUSD payment ecosystem at the end of March—and represents a key milestone in advancing Bitget Wallet’s Everyday Finance strategy.
according to SoSoValue data, yesterday (Eastern Time April 28) the total net inflow of XRP spot ETFs in a single day was $2.2018 million.Yesterday, only the Canary XRP ETF (XRPC) saw net inflows, with a single-day net inflow of $2.2018 million. The total historical net inflow has now reached $424 million.As of press time, the total net asset value of XRP spot ETFs stands at $1.053 billion, with an XRP net asset ratio of 1.23%. The historical cumulative net inflow has reached $1.293 billion.
According to a report from CoinShares' research department, digital asset investment products recorded net inflows of $1.2 billion this week, marking the fourth consecutive week of positive inflows. Total assets under management (AuM) rose to $155 billion, the highest level since February 1st. Bitcoin led the way, recording $933 million in inflows, bringing its year-to-date total to $4 billion. Ethereum saw inflows exceeding $190 million for the third consecutive week. XRP returned to net inflows after a week of outflows. On a regional basis, the United States dominated this week's inflows ($1.1 billion), while Germany, Switzerland, and Canada also recorded positive inflows, indicating broadening demand. Additionally, blockchain equity ETFs attracted a total of $617 million over the past three weeks, setting a new weekly inflow record, reflecting growing institutional investor interest in the sector. The market is currently focused on the FOMC meeting on April 28-29, which could create some short-term volatility in sentiment.
Odaily News SoFi announced that its crypto business now supports XRP deposits, but the temporary inability to withdraw XRP to external wallets has sparked user dissatisfaction.Currently, users can only hold or trade XRP within the platform and cannot transfer it out to on-chain wallets. This design has been criticized by some users as an "ETF-like model," arguing that it only provides price exposure without truly connecting to the crypto ecosystem.SoFi stated that it will enable withdrawal functionality in the future but has not provided a specific timeline.
CoinShares’ latest weekly report shows that digital asset investment products recorded $1.4 billion in net inflows last week—the third consecutive week of net inflows and the largest single-week inflow since January—with total assets under management reaching $155 billion. Bitcoin investment products saw $1.116 billion in net inflows, bringing year-to-date net inflows to $3.1 billion; Ethereum investment products attracted $328 million in net inflows—the strongest weekly performance since January. By region, the U.S. recorded $1.5 billion in net inflows, Germany $28 million, while Switzerland saw $138 million in net outflows. Meanwhile, short-Bitcoin products attracted $1.4 million in net inflows, while XRP and Solana products experienced $56 million and $2.3 million in net outflows, respectively.
According to data from SoSoValue, the XRP spot ETF recorded net inflows of $55.39 million during last week's trading sessions (Eastern Time, April 13 to April 17).The XRP spot ETF with the highest net inflows last week was the Bitwise ETF XRP, with weekly net inflows of $28.7566 million. Its historical total net inflows have now reached $417 million. Following that was the Franklin ETF XRPZ, with weekly net inflows of $19.7897 million. The historical total net inflows for XRPZ have reached $344 million.As of the time of writing, the total net asset value of XRP spot ETFs stands at $1.11 billion. The ETF net asset ratio (its market value as a percentage of XRP's total market cap) has reached 1.22%, and the historical cumulative net inflows have amounted to $1.27 billion.
Rakuten Wallet, the cryptocurrency trading and management platform operated by Japan’s renowned e-commerce group Rakuten, will officially list XRP as both a tradable asset and a payment method on April 15, 2026. At that time, users will be able to directly purchase XRP using Rakuten Points and deposit XRP into Rakuten Cash for spending at over 5 million merchants across Japan. With 44 million users, Rakuten Pay—Japan’s leading e-commerce payment platform—will expose XRP to a massive non-crypto user base. Users can also directly exchange over 3 trillion Rakuten Points (approximately USD $23 billion) for XRP. Rakuten boasts over 100 million members and achieves annual e-commerce gross merchandise value (GMV) of JPY 5.6 trillion; XRP will thus become a spendable, interoperable digital asset within the Rakuten ecosystem.
According to CoinShares’ Research Report (Issue 281), digital asset investment products recorded $1.1 billion in net inflows last week—the highest single-week level since January this year—driven primarily by U.S. CPI data coming in below expectations and ceasefire indications in the Iran situation, both of which significantly boosted market risk appetite. By asset, Bitcoin led inflows with $871 million for the week, bringing its year-to-date cumulative inflows close to $2 billion. Ethereum sentiment improved markedly, attracting $196.5 million in inflows; however, it remains in net outflow territory year-to-date. XRP saw $19.3 million in inflows, while Solana posted a modest outflow of $2.5 million. Notably, bearish Bitcoin products attracted $20.2 million in inflows during the same period—the largest single-week inflow since November 2024—indicating persistent hedging demand. Regionally, the U.S. dominated inflows, accounting for 95% of the total—or $1.06 billion. Germany, Canada, and Switzerland recorded inflows of $34.6 million, $7.8 million, and $6.9 million, respectively. Trading volume rose 13% week-on-week, yet the weekly volume of $2.1 billion remains below the year-to-date average of $3.1 billion. Total assets under management have rebounded to early-February levels.
According to CoinDesk, Bitcoin is currently trading at approximately $71,200, while Ethereum trades at $2,185; the broader market remains range-bound. Bloomberg analyst Mike McGlone warned that if Bitcoin fails to reclaim $75,000, it risks falling as low as $10,000; conversely, Fundstrat founder Tom Lee believes the market bottom has already been established. In derivatives markets, Bitcoin futures open interest rose to 726,000 BTC, with the 24-hour Cumulative Volume Delta (CVD) remaining positive for two consecutive days and funding rates slightly above zero—indicating an overall bullish bias. In contrast, CVD and funding rates for ETH, XRP, and Solana are marginally negative. The volatility index continues to decline, with the market anticipating price swings of only about 2.5% around Friday’s inflation data release. Among altcoins, MANA and AERO each rose roughly 6%; however, MANA’s gain coincided with a 25% surge in open interest, suggesting leveraged trading drove much of the move. Market participants are closely watching whether Bitcoin can decisively break above and hold $75,000—if achieved, it could trigger capital rotation into oversold altcoin sectors.