NewsBTC
Dec 9, 2025
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XRP ETFs Reach $1.23B AUM, Fastest Growth Since Ethereum

XRP Spot ETFs have achieved nearly $1 billion in assets under management (AUM), marking one of the fastest growths since Ethereum.

Rapid Fund Growth

  • The four XRP ETF products hold about $1.23B in total net assets, equivalent to 597 million XRP at an XRP price of $2.06.
  • A recent inflow of $30 million on Dec. 8 brings cumulative net inflows to approximately $935 million.
  • Ripple CEO Brad Garlinghouse noted that they reached the $1 billion mark within four weeks of the first fund's launch.

Canary Capital Leads

  • Canary Capital’s XRPC saw $245 million in net flows on its debut day, holding about 335.889 million XRP worth approximately $691 million, or 56% of combined assets.
  • Other managers: Grayscale holds 104.381 million XRP ($215 million), Bitwise with 93.827 million XRP ($193.284 million), and Franklin Templeton with 62.99 million XRP ($131.829 million).

A Wave Of Approved Crypto Funds

  • The development follows a broader rollout of crypto ETFs since US spot Bitcoin ETFs launched in January 2024.
  • Ethereum spot products launched in July 2024, and Solana listings in October 2025.
  • The SEC has approved over 40 crypto-related ETF products this year, providing familiar investment options for mainstream investors.
  • Vanguard’s decision allows crypto access within standard retirement and broker accounts, expanding exposure opportunities.

Investor Considerations

  • Strong demand for regulated crypto vehicles is evident from rapid fund flows.
  • Concentration risk exists, with Canary’s XRPC accounting for more than half of total net assets.
  • Investors will monitor fresh inflows, trading volumes, and price reactions to ETF demand.
  • XRP listings have garnered attention, and future trends will show if momentum spreads across more products.