According to data from SoSoValue, cumulative net inflows into spot XRP ETFs have reached approximately $1.07 billion since trading began on November 13, as of the end of last week. Over this period, XRP-based products have outperformed not only Bitcoin and Ethereum ETFs, but also funds linked to Solana.
The first product to enter the market was Canary Capital’s XRPC ETF, which attracted nearly $60 million on its debut trading day. The XRP ETF lineup later expanded with launches from Grayscale, Bitwise, Franklin Templeton, and 21Shares. At present, XRPC remains the largest fund in the segment, with cumulative net inflows of around $384 million, while the remaining products continue to attract capital on a regular basis.
Although the pace of daily inflows has slowed somewhat in recent weeks, XRP ETFs continue to outperform competing crypto funds. Spot Bitcoin ETFs recorded nearly $500 million in net outflows last week, while Ethereum ETFs have not posted a single day of positive inflows since mid-December. Even Solana-linked funds, despite a recent streak of inflows, trail XRP ETFs in cumulative volumes.
Investor interest has been largely driven by fundamental developments surrounding Ripple. Over the course of the year, the company announced several partnerships, made progress on regulatory matters, and formally concluded its long-running legal dispute with the US Securities and Exchange Commission (SEC). Against this backdrop, XRP reached a new all-time high in July.
Since that peak, however, prices have corrected. XRP is currently trading near $1.93, representing a decline of roughly 19% year-to-date, despite sustained demand from ETF investors.