XRP ETFs record $1.79B in cumulative assets with 11 consecutive weeks of inflows, driven by institutional interest in Ripple's cross-currency and stablecoin applications.
Ecosystem ·
XRP spot exchange-traded funds have accumulated $1.79 billion in total assets, with inflows continuing across 11 straight weeks, according to data tracked in late September. Bitwise's XRP fund leads the space with $677 million in cumulative inflows, while Franklin Templeton's offering contributed $501 million; Canary's XRPC added $3.96 million on a single recent trading day. The rally reflects an 80% increase in XRP ETF net assets during the third quarter, reaching $1.77 billion at one point.
The appeal to financial advisors centers on two factors distinct from near-term price movement, according to Bitwise's Chief Investment Officer. Advisors cite XRP's longevity and established track record as evidence of durability within crypto markets. Beyond reputation, they view the token's role in stablecoin infrastructure and cross-currency liquidity provision as tangible use cases, particularly following Ripple's recent bank charter developments.
Open questions remain around whether the inflow momentum will sustain beyond the current streak or whether price recovery toward historical levels will follow institutional accumulation. The token was trading substantially below its all-time high at the time of reporting, with total XRP ETF assets having fluctuated below their peak levels in the same window.