US XRP ETFs reach 318 million XRP in holdings in over two weeks

Key Takeaways

• US spot XRP ETFs have held 318 million XRP worth about $648 million within two weeks of launch.
• Canary's XRPC ETF leads in assets under management, surpassing all other US spot XRP ETFs combined.

Spot XRP ETFs from Canary Capital, Bitwise, Grayscale, and Franklin Templeton now hold approximately 318 million XRP since launch, worth about $648 million at current market prices.

Including the REX-Osprey XRP ETF, US-listed XRP funds manage a combined $775 million in assets, according to the latest disclosures from each fund.

Canary’s XRPC ETF currently leads the group with nearly $347 million in assets under management, followed by Bitwise, Franklin Templeton, and Grayscale. The fund manager says its XRPC fund has surpassed all other US spot XRP ETFs combined, setting the highest first-day volume of any ETF launched in 2025.

Although XRP ETFs have yet to match the scale of prior BTC and ETH products, their strong start signals rising demand for alternative crypto ETFs.

Managers are expanding their offerings with the Solana, Dogecoin, HBAR, and Litecoin funds, and Grayscale is expected to roll out the first spot LINK ETF as early as this week.