XRP ETF flows
5 spot ETFs · since 14 Nov 2025 · 181 trading days
On Fri 30 Oct XRP ETFs took in +$0.2M of net inflow — XRPC +$0.9M took the most, XRP −$0.7M saw outflows; the 2nd inflow day in a row. 3 of 5 funds have reported for Fri 30 Oct so far. Read the issue
Partial
3 of 5 funds reported for Fri 30 Oct. Not reported yet: XRPZ, GXRP. The day total is recomputed as they arrive.
Net flow · Fri 30 Oct
Funds+$0.2M Inflow
Top inflow · outflow
Streak
Records2 inflow days in a row
since Thu 29 Oct · +$8.7M over the run
Avg entry vs close
By fund−27.0% −$477.0M
Avg entry$1.72
XRP · Close 30 Oct$1.26
Avg entry below close0 of 5
Unrealised · our estimate from daily creations and redemptions, not an issuer report
ETF cost basisNet assets
Issuers$1.42B
coins held by the 5 funds at market value
Cumulative net flow+$1.82B
Net flow YTD+$649.2M
XRP price$1.26 +1.29%
Close Fri 30 Oct$1.25
XRP ETF daily net flow and XRP price
30 trading days: +$146.6M net · 21 inflow days / 9 outflow days
$M · bars: net flow of 5 funds · dashed: XRP price, own scale · T+1Open dashboard
XRP ETF flows by fund, day by day
Last 10 trading days, US$ m, newest first. A date opens that day’s issue, a ticker opens the fund.
| Day | XRPBitwise · 0.34% | XRPZFranklin Templeton · 0.19% | XRPCCanary Capital · 0.50% | GXRPGrayscale · 0.35% | TOXR21Shares · 0.30% | Total |
|---|---|---|---|---|---|---|
| Fri 30 Oct | −0.7 | — | +0.9 | — | 0 | +0.2 |
| Thu 29 Oct | +2.9 | +5.6 | 0 | 0 | 0 | +8.4 |
| Mon 26 Oct | −3.6 | 0 | 0 | 0 | 0 | −3.6 |
| Thu 22 Oct | 0 | +3.5 | 0 | 0 | 0 | +3.5 |
| Wed 21 Oct | −1.5 | +2.3 | 0 | 0 | 0 | +0.7 |
| Fri 16 Oct | 0 | 0 | −2.5 | 0 | 0 | −2.5 |
| Thu 15 Oct | −3.7 | +3.6 | 0 | 0 | 0 | −0.1 |
| Wed 14 Oct | +0.7 | 0 | 0 | 0 | 0 | +0.7 |
| Thu 8 Oct | 0 | +8.2 | 0 | 0 | 0 | +8.2 |
| Tue 6 Oct | +10.6 | −4.1 | −3.3 | 0 | 0 | +3.1 |
| 10 days | +4.6 | +19.1 | −4.9 | 0 | 0 | +18.8 |
| Fund | 30 Oct | 29 Oct | 26 Oct | 22 Oct | 21 Oct | 16 Oct | 15 Oct | 14 Oct | 8 Oct | 6 Oct |
|---|---|---|---|---|---|---|---|---|---|---|
| XRP | −0.7 | +2.9 | −3.6 | 0 | −1.5 | 0 | −3.7 | +0.7 | 0 | +10.6 |
| XRPZ | — | +5.6 | 0 | +3.5 | +2.3 | 0 | +3.6 | 0 | +8.2 | −4.1 |
| XRPC | +0.9 | 0 | 0 | 0 | 0 | −2.5 | 0 | 0 | 0 | −3.3 |
| GXRP | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| TOXR | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | +0.2 | +8.4 | −3.6 | +3.5 | +0.7 | −2.5 | −0.1 | +0.7 | +8.2 | +3.1 |
— = the fund has not reported that day · 0 = reported, no creations or redemptions · fill shows the sign
XRP ETFs ranked by daily flow
5 funds · click a header to re-sort · tick up to four funds to compare them side by side
| Compare | Fund | Details | |
|---|---|---|---|
| XRPCCanary XRP ETFCanary Capital | +$0.9M | ||
| TOXR21Shares XRP ETF21Shares | 0 | ||
| XRPBitwise XRP ETFBitwise | −$0.7M | ||
| XRPZFranklin XRP ETFFranklin Templeton | —not reported | ||
| GXRPGrayscale XRP TrustGrayscale | —not reported | ||
| Total · 5 funds | +$0.2M |
Share price: last daily close · share = fund’s part of all positive cumulative flow
Avg entry — the average price per coin the fund's clients paid, our estimate from daily creations and redemptions, not an issuer report · as of 30 Oct 2026
ETF holders’ average entry vs price
XRP · how the gap to the waterline changed over time
Average entryPrice, daily averageabove entrybelow entry
entry$1.72price$1.26
Price below entry: 339 of 351 days · Entry: our estimate from daily creations and redemptions. Price: the coin’s volume-weighted average for each day; the last day uses the latest price.ETF cost basis
Clients’ average entry is below the XRP close in 0 of 5 XRP ETFs
Average entry (hollow) vs XRP close $1.26 (solid) · 30 Oct · sorted by gap
- TOXR21Shares−9.7%−$424Kentry $1.39
- XRPBitwise−20.8%−$136.9Mentry $1.59
- XRPZFranklin Templeton−24.8%−$128.2Mentry $1.67
- GXRPGrayscale−31.3%−$35.0Mentry $1.83
- XRPCCanary Capital−36.9%−$176.6Mentry $1.99
The gap is unrealised and before fees.
Streaks and records
descriptive, not a signal- Current inflow run
- 2 days · since 29 Oct
- Largest inflow, all time
- +$243.1M · 14 Nov 2025
- Largest outflow, all time
- −$92.9M · 29 Jan 2026
- Inflow days in 2026
- 120 of 209
- Best month
- +$666.6M · Nov 2025
- Worst month
- −$31.2M · Mar 2026
All records · 30D / 90D / 1Y
| Window | Largest inflow | Largest outflow |
|---|---|---|
| Last 30 trading days | +$22.6M25 Sep 2026 | −$3.6M26 Oct 2026 |
| Last 90 trading days | +$28.1M26 Aug 2026 | −$7.3M8 Jul 2026 |
| Last 12 months | +$243.1M14 Nov 2025 | −$92.9M29 Jan 2026 |
Trading days only. A day where a fund has not reported is skipped, not counted as zero.
Who takes the inflows · YTD
gross inflow by fund- XRP48%
- XRPZ30%
- XRPC11%
- Others11%
XRP alone took 48% of the gross inflows this year. Net outflows this year: GXRP (−$100.3M), TOXR (−$50.5M).
Staking in XRP ETFs
XRP cannot be staked, so its US spot ETFs hold coins without staking rewards.
Staking in all crypto ETFsInstitutions in XRP ETFs: 13F holders
127 institutions held XRP ETFs on June 30, 2026, worth $179M across 5 funds. Goldman Sachs alone held $86.5M spread over all 5 XRP ETFs — 48% of the reported total. Holders rose from 120 in Q1 2026; share counts rose in 5 of 5 funds.
13F filings for the quarter ended Jun 30, 2026 · next update after Nov 14, 2026 · What is a 13F?
Institutions holding127+7 vs Q1 26
Reported value$179Mat Jun 30 prices
Net change in shares+$108M+8.9M · +150.1% vs Q1 26
Funds with holders5of 5 XRP ETFs tracked
Reported in 13F≈19%of XRP ETF shares outstanding on Jun 30
Holder mix by value · our classificationshare of the $179M
- Bank & broker 56.8%
- Market maker 16.1%
- Hedge fund 12.0%
- Wealth adviser 11.5%
- Other managers 3.6%
Largest XRP ETF holders
| # | Holder | Type · our classification | Funds held | Value | Change in shares, q/q |
|---|---|---|---|---|---|
| 1 | Goldman SachsNew York · Bank & broker | Bank & broker | XRP, XRPC, XRPZ, GXRP, TOXR | $86.5M | +7.4M new |
| 2 | Jane StreetNew York · Market maker | Market maker | XRP, XRPC, XRPZ, GXRP, TOXR | $16.4M | +1.2M +509% |
| 3 | Millennium ManagementNew York · Hedge fund | Hedge fund | XRP, XRPC, XRPZ, GXRP | $16.2M | unchanged |
| 4 | Intesa SanpaoloTurin · Bank & broker | Bank & broker | GXRP | $14.4M | unchanged |
| 5 | MarexLondon · Market maker | Market maker | XRP, XRPC | $8.1M | +71K +11% |
| 6 | IronBridge Private WealthAustin · Wealth adviser | Wealth adviser | XRP | $6.1M | +0.41M +378% |
| 7 | Kaleidoscope CapitalBoston · Hedge fund | Hedge fund | XRP, XRPC, XRPZ | $3.9M | unchanged |
| 8 | Wolverine Asset ManagementChicago · Market maker | Market maker | XRP | $2.3M | +0.12M +160% |
| 9 | Envestnet Asset ManagementBerwyn · Wealth adviser | Wealth adviser | XRP | $2.2M | +0.19M new |
| 10 | CreativeOne WealthOverland Park · Wealth adviser | Wealth adviser | XRPC | $1.9M | +0.17M new |
Who added and who cut in Q2 2026
Added
- Goldman SachsBank & broker · new+$86.5M
- Jane StreetMarket maker+$13.9M
- IronBridge Private WealthWealth adviser+$4.8M
- Envestnet Asset ManagementWealth adviser · new+$2.2M
- CreativeOne WealthWealth adviser · new+$1.9M
Cut
- Susquehanna InternationalMarket maker−$4.8M
- Franklin ResourcesAsset manager · exited−$800K
- Flow Traders U.S.Market maker−$700K
- Militia Capital ManagementOther managers−$700K
- Citadel AdvisorsHedge fund · exited−$700K
Change in shares, valued at Jun 30 prices
Long positions on the last day of the quarter, as filed by managers over $100M. Shorts, futures and retail investors are not in 13F. Changes are in shares, so the coin price does not move them.
Other crypto ETF flows
Net flow on each asset’s latest reported day · cumulative net flow on the right
Bitcoin
Ethereum
Solana
Hyperliquid
Chainlink
Hedera
Avalanche
Dogecoin
Litecoin
Sui
Polkadot
BNB
NEAR
Tron
ZcashWhat the XRP ETF flow data is telling us
XRP ETF complex has attracted +$1.82B in cumulative net flow since 14 Nov 2025, with current assets under management of $1.42B across 5 issuers.
XRP ETF flows show how much money is moving into and out of U.S. spot XRP exchange-traded funds each day — a daily read on institutional demand for XRP.
What XRP ETF flows tell you
A spot XRP ETF offers regulated, exchange-listed exposure to the XRP price without holding the token directly. When investors add money, issuers create shares and buy XRP; when they withdraw, shares are redeemed. The daily net flow is the balance of those across all funds.
XRP ETFs are among the newest spot crypto products, so their flow picture is still forming. Because the market is young and the issuer set is small, daily flows are an especially direct read on how quickly institutional demand for XRP is building.
Following flows rather than price helps separate genuine, regulated allocation from short-term speculation — useful for an asset like XRP whose price can react sharply to news and sentiment.
What drives XRP ETF inflows and outflows
- Regulatory developments — clarity around XRP's status has a direct effect on institutional willingness to allocate.
- Novelty and adoption — as a newer product, demand is still finding its level and can move quickly.
- XRP price momentum and volatility — trends and sharp moves shape allocation and redemption behaviour.
- Rotation versus other crypto ETFs — capital can shift between BTC, ETH, SOL and XRP products.
- Fee competition — expense ratios and liquidity differences move flows between issuers.
- Macro and risk appetite — broad risk sentiment influences demand for higher-beta assets.
How to read the data on this page
The daily net flow shows whether the funds together took in money (inflow, green) or lost it (outflow, red). The cumulative line sums daily flows to approximate net capital into XRP ETFs since launch.
The issuer breakdown lists each fund and its share, so you can see whether demand is concentrated in one product. Comparing XRP with Bitcoin, Ethereum and Solana shows how much of overall crypto-ETF demand XRP is capturing.
Flow figures are expressed in U.S. dollars (millions) and refreshed every business day. A positive number is a net inflow; a negative number is a net outflow.