U.S. spot XRP exchange-traded funds are rapidly approaching the $1 billion assets-under-management milestone less than a month after launch, underscoring the growing demand for XRP investment products. The funds have posted uninterrupted inflows since debuting, with SoSoValue data showing total net inflows reaching $881.25 million and an additional $12.84 million coming in yesterday alone. Daily trading volume remains steady at $26.74 million, highlighting consistent market engagement.
Reaching nearly $1 billion in under 30 days positions XRP ETFs among the fastest-growing crypto investment products in the U.S. This momentum mirrors the strong performance seen from other recently launched crypto ETFs, including spot Solana ETFs, which have attracted over $600 million in assets. For comparison, U.S. spot Bitcoin and Ethereum ETFs currently hold approximately $58 billion and $13 billion in AUM respectively.
Much of XRP’s early success stems from the debut of Canary Capital’s XRP ETF. Launched on November 13, it delivered one of the strongest openings in the history of crypto ETFs, generating more than $59 million in first-day trading volume and $245 million in initial inflows. The launch prompted major firms such as Grayscale, Bitwise, and Franklin Templeton to roll out their own XRP funds. Bitwise’s product also had a strong entrance, securing over $105 million in early inflows.
The expansion of XRP-focused offerings continues. 21Shares recently secured SEC approval for its U.S. spot XRP ETF, set to trade under the ticker TOXR on the Cboe BZX Exchange. REX Shares and Tuttle Capital have also introduced the T-REX 2X Long XRP Daily Target ETF, providing leveraged exposure for traders seeking amplified performance.
In a significant policy shift, Vanguard will now permit trading of spot crypto ETFs, including XRP funds, opening access to a massive retail and institutional investor base. Meanwhile, CoinShares has withdrawn its proposed XRP ETF plans, confirming the products will not move forward.
Overall, XRP investment vehicles continue gaining traction, supported by sustained inflows, new product approvals, and expanding market accessibility.
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