Overview
- Combined assets across four U.S. spot XRP ETFs are about $1.23 billion after reaching $1 billion in under four weeks, with a reported $30 million inflow on Monday.
- 21Shares lowered its planned management fee to 0.30% in a fifth SEC amendment, secured Cboe BZX listing under ticker TOXR, and remains pre-launch with trading not yet live.
- Canary Capital’s XRPC accounts for roughly 56% of total ETF assets after drawing about $245 million on debut, highlighting early concentration among issuers.
- Fee competition is intensifying, led by Franklin Templeton’s roughly 0.19% fee and the longest waiver period, with Bitwise and Grayscale also offering waivers to attract flows.
- XRP trades near $2.05–$2.08 with volumes down about 8% as investors watch for the Federal Reserve decision, showing ETF demand has not yet driven a price breakout.