ETFS NOW HOLD 1.23% OF XRP'S SUPPLY
U.S. spot XRP ETFs recorded $3.89 million in net inflows on April 23, bringing total AUM to $1.08 billion and locking up 1.23% of XRP's market cap with no outflow days since April 9.
The five U.S. spot @Ripple ETFs recorded a net inflow of $3.89 million on April 23, bringing their combined assets under management to $1.08 billion — equivalent to 1.23% of $XRP's total market capitalisation.
The products have not posted a single day of outflows since April 9, when a modest $661,000 in net redemptions was the last negative session on record. That unbroken streak of inflows has made spot $XRP ETFs among the best-performing spot ETF products in 2026 so far.
A Sustained Bid That Defies Broader Weakness
The consistency of the inflow pattern is notable against a backdrop of broader market volatility. According to crypto.news, XRP spot ETFs have pulled in $71.31 million in April alone, fully reversing March's $31.16 million loss — which had been the first monthly outflow XRP ETFs had ever recorded. The week ending April 17 was the single best week for U.S.-listed XRP ETFs in all of 2026, with $55.39 million flowing into the funds across five sessions.
The bulk of recent inflows have been concentrated in products from Bitwise and Franklin Templeton. Bitwise's XRP ETF now sits at $419 million in cumulative inflows, narrowly trailing Canary Capital's $421 million, according to the same data.
Beyond the five products tracked above, broader data from Ripple's April 17 institutional insights report places cumulative inflows across all seven U.S. spot XRP ETFs at $1.53 billion in total AUM, with roughly 773 million $XRP tokens held in custody less than six months after the first products launched in late 2025.
Institutional Interest Builds Behind the Scenes
Wall Street's involvement in the space is deepening. Goldman Sachs disclosed a $153.8 million position spread across four spot $XRP ETFs through its Q4 2025 13F filing, making it the largest known institutional holder and accounting for roughly 73% of the top 30 institutions' combined exposure, according to Yahoo Finance and Ripple's own market overview.
Still, retail investors remain the primary driver. Ripple's data shows that 84% of domestic $XRP ETF assets are held by retail participants, compared with 48.8% institutional participation in Solana ETF products — suggesting the institutional adoption story is in its earlier stages.
Looking ahead, a Coinbase and EY-Parthenon survey of 351 institutional investors found that 25% plan to add $XRP to their portfolios in 2026, with 65% citing regulatory clarity as the remaining barrier. The potential passage of the CLARITY Act could serve as the catalyst that converts that institutional intent into capital deployment.
Sources:
crypto.news – XRP Spot ETFs Post Best-Ever Inflow Streak
Ripple – XRP ETFs: The Institutional Era Has Begun
Yahoo Finance – Ripple Says Spot XRP ETFs Have Reached $1.53 Billion
Related News:
BSCN – Is XRP ETF Facing Rejection?
BSCN – The Only Hedera Spot ETF Has Absorbed 1.3% of HBAR Supply
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Author
Jon WangJon studied Philosophy at the University of Cambridge and has been researching cryptocurrency full-time since 2019. He started his career managing channels and creating content for Coin Bureau, before transitioning to investment research for venture capital funds, specializing in early-stage crypto investments. Jon has served on the committee for the Blockchain Society at the University of Cambridge and has studied nearly all areas of the blockchain industry, from early stage investments and altcoins, through to the macroeconomic factors influencing the sector.