XRP exchange-traded funds (ETFs) are nearing $1 billion in total assets under management as institutional investors continue allocating capital to the digital asset products. The five funds have collectively attracted $984.54 million in net inflows since their launches last month, positioning XRP as the third-largest cryptocurrency ETF category behind Bitcoin and Ethereum.
What Happened: Record Inflows
XRP ETFs have recorded 15 consecutive days of positive flows, according to data from Sosovalue. The products reached their highest single-day inflow on Nov. 14, when $243.05 million entered the funds. Canary Capital's XRPC leads the group with $358.88 million in assets, followed by Grayscale's GXRP at $211.07 million, Bitwise's fund at $184.87 million, Franklin Templeton's XRPZ at $132.3 million and REX-Osprey at $108 million.
The funds absorbed $26.17 million in a single trading session this week, bringing cumulative inflows to $887.12 million after 15 days of positive flows.
Canary Capital launched XRPC on Nov. 13, with Bitwise introducing its product a week later and Grayscale and Franklin Templeton debuting their funds shortly after.
Data from XRP Insights shows the ETFs now hold 425.76 million tokens collectively.
Crypto analyst @NADZOE93 noted that XRP became the third cryptocurrency to surpass $800 million in ETF inflows.
Spot Bitcoin ETFs reached this threshold in two days after their launch, while Ethereum ETFs required 95 days, making XRP the second-fastest digital asset to hit the $800 million mark.
Also Read: Buying Activity Returns to Ethereum but Lacks Sustained Strength, CryptoQuant Says
Why It Matters: Institutional Adoption
The rapid asset accumulation reflects growing institutional demand for regulated cryptocurrency exposure. Market analyst Neil Tolbert stated that additional XRP ETF products remain in development, with traditional finance firms monitoring the space. The pace of inflows has surpassed both Solana and Dogecoin ETF products launched around the same timeframe.
Analysts have cautioned that sustained institutional buying at current rates could create supply constraints as the number of tokens available for trading decreases.
The ETF structure provides institutions with a regulated vehicle for XRP exposure, eliminating custody and operational complexities associated with direct token ownership. The $984.54 million in total inflows positions XRP products as the most successful new ETF category launched in 2025.
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