Overview
- U.S. spot XRP ETFs now hold about $915 million, or roughly 426 million XRP, according to recent fund disclosures.
- The funds have posted 13 consecutive days of net inflows, including $50.27 million on Wednesday and $874.28 million over the past 14 trading days, per SoSo Value data.
- Assets are concentrated in a few issuers, led by Canary Capital’s XRPC at about $357 million, with Bitwise near $195 million and Grayscale’s GXRP around $187 million.
- Ripple CEO Brad Garlinghouse describes the ETF phase as early and says institutional interest in XRP exposure is increasing.
- Traditional distribution is expanding, with reports that Vanguard has listed XRP spot ETFs and with 21Shares approved on Cboe BZX as trading is expected to begin soon.