
Ripple unlocks 1B XRP as US ETFs see record May inflows
Ripple released 1 billion XRP from escrow on 1 June under its long-running monthly unlock schedule.
The release came as US spot XRP exchange-traded funds recorded $118.29 million in net inflows during May.
The May figure marked the strongest monthly inflow total for XRP-linked spot ETFs so far in 2026.
Ripple created the escrow system in 2017 to control the release of XRP into the market.
The schedule unlocks a fixed amount of XRP at the start of each month.
Ripple usually returns most of the unlocked tokens to new escrow contracts after using or selling a smaller portion.
That process means the actual amount of new XRP entering circulation can sit well below the headline 1 billion figure.
Traders still watch the monthly unlock closely because it remains the largest regular supply event for XRP.
This month’s release landed at a difficult time for the token’s price.
XRP traded near $1.27 after falling by roughly 4% over 24 hours.
The token also remained below its short-term moving averages as wider crypto market sentiment weakened.
The combination of fresh supply and falling prices kept pressure on XRP traders.
Bears argue that monthly escrow unlocks can create extra selling risk when demand looks thin.
Supporters argue that most unlocked XRP returns to escrow, which limits the real supply impact.
Bulls also point to spot ETF inflows as a sign of stronger institutional interest in XRP.
Issuers including Bitwise, Canary, and Franklin have attracted capital into their XRP products.
The latest inflow data suggests investors continue to use regulated funds to gain XRP exposure.
However, XRP’s price action shows that ETF demand has not yet been strong enough to offset broader market weakness.
The crypto fear and greed index also dropped to 23, placing the market in extreme fear territory.
That risk-off mood has made it harder for major tokens to hold short-term support.
XRP now faces a fresh test as traders weigh steady ETF demand against scheduled token releases.
If inflows remain close to May’s pace, the escrow release may have limited impact on price.
If demand slows, the monthly unlock could add to concerns about supply pressure.
At the time of reporting, XRP price was $1.27.