Ripple's XRP token sees institutional accumulation and $1.75B in spot ETF inflows; stablecoin RLUSD reaches $2.37B market cap.
DeFi & Yields ·
Ripple's XRP token is attracting sustained institutional interest despite recent market volatility, with spot XRP ETFs recording approximately $1.75 billion in cumulative net inflows across ten consecutive weeks of gains. Large holders have also engaged in significant accumulation, acquiring over 1.54 billion units within a 96-hour window. Meanwhile, Ripple's stablecoin RLUSD has reached a market capitalization of $2.37 billion since its December 2024 launch, positioning it as the ninth-largest stablecoin globally.
Multiple spot XRP ETF products are now live or pending approval. Companies including Bitwise, Franklin Templeton, Canary Capital, 21Shares, and Grayscale have already launched spot vehicles, while T. Rowe Price and Exchange Listed Funds Trust have updated or filed new crypto exposure products that include XRP as a weighting component. Ripple executives have also been active in emerging markets, participating in discussions on stablecoins and tokenized assets at regional forums, with emphasis on the company's expansion in the UAE.
Price pressure from recent market-wide corrections has pulled XRP down 8%, though the specific near-term trajectory and sustainability of institutional inflows remain uncertain as regulatory developments and broader market conditions continue to evolve.