U.S. spot XRP ETFs have recorded a 15-day consecutive inflow streak and are closing in on $1 billion in assets under management, signaling rapid investor interest in regulated XRP exposure. This uninterrupted flow pattern highlights concentrated demand for XRP within regulated vehicles and marks a significant liquidity event for the token.
Inflows, custody growth and issuer activity
Data from market trackers show cumulative net inflows for the new U.S. spot XRP funds rising sharply over early December 2025: $844.9 million by Dec. 2, $874.28 million by Dec. 3 and $897.35 million by Dec. 8. Fund custodians now hold more than 473 million XRP, roughly 0.5% of the token’s total supply, in regulated vaults, and on Dec. 3 trading volume across these products reached $31.53 million while Canary Capital’s XRPC debuted with about $58 million in first-day volume.
The momentum for these ETFs is closely tied to the August resolution of Ripple’s long-running case with the U.S. Securities and Exchange Commission, which concluded that XRP is not a security while imposing a $125 million fine on the company. That legal clarity has been a decisive factor for institutional allocators, which have moved to take regulated positions through ETFs rather than assume direct spot-market custody risk.
Mati Greenspan, founder of Quantum Economics, summed up the sentiment: “XRP is being swept up in the broader institutional wave simply because it already has the liquidity, the brand, and now the green light from regulators.” Market participants also noted the role of over-the-counter desks in smoothing large trades and attracting higher-quality institutional capital into ETF shares.
The XRP funds’ run contrasts with swings across larger crypto ETF categories. U.S. spot Bitcoin ETFs experienced a $347 million outflow that ended a 10-day streak and a separate $131.35 million outflow that broke a 12-day run, while U.S. spot Ethereum ETFs saw sizable inflows—including a $297 million daily and a $2.85 billion weekly figure—but still recorded an interrupted three-day streak, and spot Solana ETFs, after an earlier 19-day inflow run, later faced meaningful outflows. These comparisons highlight divergent investor preferences within regulated crypto products.
The immediate milestone to watch is whether the XRP fund complex surpasses $1 billion in AUM, a threshold likely to influence liquidity dynamics and secondary-market trading. If custodians continue to accumulate XRP faster than it returns to exchanges, the funds could materially affect the token’s supply-demand balance and reshape market structure.