According to reports within the cryptocurrency market, Citadel Advisors – the hedge fund led by Ken Griffin – has been investing in Spot XRP ETFs. Known for its careful investment strategy and significant market influence, Citadel is said to have closed all its bets against the Canary XRP ETF, while still holding its bets that the price will increase. This move is attracting attention from analysts and investors, who believe it suggests Citadel expects the price of XRP to go up.
Citadel Files 13F On Canary XRP ETF
On May 16th, market analyst Xaif Crypto shared on X that Citadel has filed a report with the US Securities and Exchange Commission (SEC) showing a significant investment in the XRP ETF. Reports suggest Citadel holds $1.7 million worth of XRP through various companies like Bitwise, Canary, Franklin, and Grayscale.
The reports indicate Citadel previously bought put options related to its XRP ETF, which would have shielded them from losses if the price of XRP dropped. Now, those options have reportedly been completely sold off, meaning Citadel has removed its protection against a price decrease.
If confirmed, this move is particularly noteworthy because Citadel reportedly kept a substantial number of call options even after closing its put options. They are said to still hold 34,900 call options on their XRP ETF, which could be very profitable if the price of XRP increases. However, the total value of these investments hasn’t been disclosed.
When an investment firm reduces its safety measures against losses but maintains its potential to profit, it usually signals increased optimism about the investment. In this case, Citadel’s actions suggest they believe XRP’s recent price decline is likely ending and may soon start to rise again, potentially leading to a new price increase.
While it’s still unconfirmed whether a specific financial filing exists, Citadel and Fortress jointly invested $500 million in Ripple back in November 2025, giving the crypto company a $40 billion valuation. This indicates the hedge fund was interested in the XRP network even before recent reports surfaced.
XRP ETFs See Highest Weekly Inflow This Year
On May 18th, crypto analyst X Finance Bull reported that XRP spot ETFs saw their biggest weekly inflow since January 2026, attracting $60.5 million. This brings the total net inflow for these funds to $1.39 billion. Interestingly, this increased demand happened while XRP’s price was stable and relatively low. According to X Finance Bull, while some individual investors were selling due to the low price, institutions were actively buying more XRP-related products.
The analyst believes the unusual difference in behavior between regular and institutional investors stems from potential events that could greatly affect the price of XRP. X Finance Bull suggests these institutional investors are paying close attention to upcoming legal and structural changes.
Recent events like the progress on the CLARITY Act, Kevin Warsh potentially leading the Federal Reserve, Ripple securing $200 million, a DTCC working group, and settlement tests between JPMorgan Chase and Mastercard using the XRP Ledger (XRPL) suggest that large investment funds are likely preparing for future price changes. These developments often happen before any significant market movement.
Read More
- GBP USD PREDICTION
- FIL PREDICTION. FIL cryptocurrency
- USD TRY PREDICTION
- CNY JPY PREDICTION
- USD RUB PREDICTION
- PI PREDICTION. PI cryptocurrency
- USD CNY PREDICTION
- SUI PREDICTION. SUI cryptocurrency
- Gold Rate Forecast
- EUR USD PREDICTION
2026-05-19 21:29