$XRP exchange-traded funds have attracted more than $1.4 billion in cumulative net inflows despite a broader downturn across crypto markets since late 2025.
Bitcoin has fallen sharply from its October 2025 peak of around $126K to roughly $70K at press time, wiping out about 45% of its value, while many other digital assets have declined even further. Even as digital assets decline, $XRP ETFs have continued gaining traction among investors.
According to a post on X from Bloomberg Intelligence analyst James Seyffart, spot $XRP ETFs have accumulated more than $1.4 billion in net inflows since launching in early November 2025.
Seyffart shared data showing that the top 30 holders of spot $XRP ETF shares controlled about $211 million worth of positions at the end of 2025. Goldman Sachs was the largest holder by a wide margin, owning nearly $154 million of those shares.
Bloomberg Intelligence analyst Eric Balchunas said the inflows are notable given the broader market downturn.
“Like Solana, this is really impressive given these launched into a brutal 45% drawdown,” Balchunas wrote. “My guess is this is largely $XRP super fans versus casual retail.”
Data from SoSoValue also shows the funds have experienced relatively limited selling pressure. $XRP ETFs have recorded only nine days of net outflows since launch, with three of those occurring during the past week.
Several issuers currently offer spot $XRP ETFs, including 21Shares, Franklin Templeton, Bitwise, Canary Capital, and Grayscale.
$XRP was last trading about 2.5% higher on the day near $1.40, though it remains roughly 62% below its all-time high of about $3.66 reached in July 2025.
