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4h ago

XRP Spot ETFs Close In on $1 Billion After Multi‑Day Inflow Streak

A U.S. court decision limiting XRP’s security classification cleared the path for funds now drawing steady institutional demand.

Ripple’s $500 million raise shows Wall Street caution with its XRP-heavy holding
Wall street saw ripple as 90% xrp — offered $500m, but with safety net: bloomberg
U.s. spot xrp etfs hit 15 day inflow streak, near $1b milestone
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Overview

  • U.S.-listed XRP funds have logged 15 straight days of net inflows totaling about $897 million, with Canary Capital, Grayscale, Bitwise and Franklin Templeton leading, according to SoSo data cited by CoinDesk.
  • Weekly flows data from CoinShares show $244 million moved into XRP products last week, second only to bitcoin funds and buoyed by the debut of a new leveraged XRP ETF.
  • Canary Capital’s XRPC has fallen roughly 20% since its Nov. 13 launch yet remains the largest spot XRP fund with about $364 million in assets under management.
  • XRP trades near $2.07, roughly 40% below mid‑year highs, as on‑chain and exchange activity sends mixed signals, including large withdrawals from Binance and inflows to South Korean venues Upbit and Bithumb.
  • Ripple raised $500 million at a ~$40 billion valuation with Wall Street firms such as Citadel Securities, Fortress, Marshall Wace, Brevan Howard–linked vehicles, Galaxy Digital and Pantera, securing buyback rights with guaranteed returns and liquidation preference after judging much of Ripple’s value tied to XRP.