Spot XRP exchange-traded funds have surpassed $1 billion in assets under management. SoSoValue data shows that total net assets held by U.S. spot XRP ETFs rose above the $1 billion mark on Dec.10. At the time of publication, combined assets stood near $1.18 billion, while cumulative net inflows reached $990.9 million.
XRP ETFs Record Uninterrupted Net Inflows
Spot XRP ETFs have recorded continuous positive net flows since launch, with no reported net outflow days. The steady inflow pattern has drawn comparisons with other recently launched crypto ETFs.
Steven McClurg, Chief Executive Officer of Canary Capital, said XRP ETFs have now overtaken Solana-based ETFs in total assets, despite Solana products launching earlier.
McClurg attributed the difference to structural preferences among investors.
Solana is more efficient to hold on-chain and stake directly for retail audiences. XRP has stronger institutional demand and no staking. Some investors prefer direct ownership, others prefer financial instruments. Many will use both.
McClurg said.
Five asset managers currently offer spot XRP ETF products, including Grayscale, Franklin Templeton, Bitwise, and Canary Capital. 21Shares recently expanded the lineup with the launch of its XRP ETF, TOXR, increasing product availability for investors.
XRP ETFs remained absent from traditional investment vehicles for years due to regulatory uncertainty. The introduction of spot ETFs has allowed investors to gain exposure through regulated brokerage channels rather than crypto-native platforms.
Analysts Flag Growth Potential but Stress Limited Coverage
Some market participants see room for further growth, citing the limited number of available XRP ETFs. An analyst posting under the name X Finance Bull noted that the current inflow levels shows demand concentrated across a small set of products.
“This is just five spot ETFs,” the analyst wrote. “There is still no BlackRock product and no broader multi-issuer coverage yet.”
The analyst added that if weekly inflows were to remain near $200 million, cumulative ETF inflows could exceed $10 billion by 2026, though such projections depend on sustained demand and broader issuer participation.
Despite steady ETF inflows, XRP’s spot price has shown limited response. Market data shows the token is down nearly 13% over the past month, trading near $2.00 at the time of writing, with a 0.91% decline over the last 24 hours.
Previous reports noted that ETF developments and Ripple’s recent business expansions have yet to translate into sustained price appreciation.
Market commentator Xaif Crypto said large holders continue to play a role in XRP trading activity during the current price decline.
“XRP whales remain active even as the price falls,” he said, adding that such behavior has historically appeared during market consolidation phases rather than during strong uptrends.
