In a promising development for the cryptocurrency sector, newly launched XRP exchange-traded funds (ETFs) are on track to surpass $1 billion in assets under management within their inaugural month of trading. This surge in interest highlights a significant shift in institutional engagement with XRP as an investment vehicle.
According to data compiled by Finbold and XRP Insights, the five active XRP ETFs collectively hold 339.16 million XRP, which constitutes approximately 0.339% of the total circulating supply. The leading ETF in terms of holdings is Canary Capital, which possesses 155.8 million XRP, followed closely by Bitwise with 80.5 million XRP. These figures reflect a robust daily trading volume of $42.79 million, with Bitwise alone accounting for $15.3 million, underscoring significant engagement from both institutional allocators and professional traders.
Despite the influx of assets into these ETFs, the price of XRP remains stable at $2.21, marking a 0.69% increase over the past 24 hours and a notable 14.66% gain over the week. The anticipated launch of 21Shares” TOXR ETF on Cboe BZX, approved by the SEC to trade starting November 20 with a management fee of 0.50%, is expected to further enhance accessibility for U.S. and European investors. Market analysts believe that TOXR will catalyze institutional adoption and bolster XRP“s reputation as a viable settlement network and enterprise blockchain asset.
When comparing the performance of these newly launched XRP ETFs with prior cryptocurrency ETF launches, it is evident that the current uptake outpaces initial inflows seen during the rollout of Bitcoin ETFs. Analysts attribute this rapid adoption to the legal clarity established by the 2023 court ruling, heightened demand for alternatives to Bitcoin as a settlement solution, and greater integration efforts seen within banking and enterprise blockchain initiatives.
The current data suggests that institutional portfolios have been underexposed to XRP, prompting them to initiate carefully measured positions in response to the recent ETF launches. Should the net inflows maintain stability, the $1 billion milestone could be achieved well before the end of December, all without needing significant price appreciation. With more ETF applications expected, alongside the imminent launch of the 21Shares product, momentum in structured XRP investment vehicles is anticipated to persist through early 2026, impacting both liquidity and overall market positioning.
