Overview of the Current State of XRP ETFs

The XRP community celebrated three months ago with the launch of the first spot exchange-traded fund (ETF) for Ripple’s asset in the US. Initially, trading activity exceeded expectations and more funds followed suit. However, recent trends suggest a notable decline in interest.

Decrease in Demand for XRP ETFs

Canary Capital’s XRPC set a record for debut-day trading volume on November 13, 2025, and remains a leader with over $410 million in cumulative net inflows. Closely following are Bitwise’s XRP at $360 million and Franklin Templeton’s XRPZ at $328 million. The funds maintained a consecutive month of positive net flows, surpassing $1 billion in total.

Despite the streak, the green days ended on January 7, leading to several adverse days including the worst on January 29. Most trading weeks still concluded positively, yet the past week showed weaker interest despite having three positive days.

On Monday, net inflows were $6.31 million, Tuesday saw $3.26 million, and Friday recorded $4.5 million, according to data from SoSoValue.

Market Movement of XRP

Despite diminished ETF interest, XRP’s market price exhibited high volatility, especially over the last weekend. The token rebounded from a low of $1.11 last week but faced resistance around $1.55, hovering around $1.40 most days. Recently, XRP spiked to a multi-week high at $1.65 but fell back towards $1.55 shortly thereafter.

Although there was a slight retracement, XRP’s market capitalization remains strong, exceeding $90 billion, securing its place in the competitive market.

XRP ETF Flows XRP ETF Flows. Source: SoSoValue