XRP Spot ETFs Reach $1.23 Billion in AUM, Fastest Growth Since Ethereum
- XRP Spot ETFs have accumulated approximately $1.23 billion in total net assets, equivalent to about 597 million XRP at a price of $2.06.
- The cumulative net inflow into these products is nearly $935 million, with a recent inflow of $30 million recorded on December 8.
- Canary Capital’s XRPC fund leads with around $691 million in assets, representing over half (56%) of the total assets across the four funds.
- Other managers include Grayscale with $215 million (17.47%), Bitwise with $193.284 million (15.7%), and Franklin Templeton with $131.829 million (10.71%).
- The rapid growth to the $1 billion milestone occurred in under four weeks since the first fund launched.
The swift accumulation of assets by XRP Spot ETFs underscores significant demand for regulated crypto investment vehicles, as evidenced by Canary Capital’s dominant share of total assets and recent substantial inflows across all funds.
