XRP Spot ETFs Top $778 Million as Inflows Accelerate and Supply Risks Emerge

Overview

• Total assets in U.S.-listed XRP spot ETFs have reached about $778 million, with roughly 80 million tokens absorbed in a single day during launch.
• Bitwise reports approximately $18 million in one-day inflows and around $135 million over its first three trading days.
• Canary’s XRPC leads cumulative net flows at $331 million, while Grayscale and Franklin Templeton recorded $67.4 million and $62.6 million on debut.
• A reported analysis estimates up to $33.6 billion in potential annual ETF demand, a pace that could deplete available XRP within months if sustained.
• On-chain data show about $1.14 million in liquidations and multi‑billion‑XRP whale sales driving short-term volatility, with 21Shares’ TOXR slated to list on Nov. 29 on Cboe BZX.