XRP ETFs Near $1B in Inflows as Institutional Demand Surges

Spot XRP ETFs are moving fast. Since their launch in mid-November, total inflows now sit between $874 million and $906 million. Fresh data on Friday pushed that total even closer to the $1 billion milestone. Grayscale alone added nearly 20 million XRP in a single update. Its trust now holds over 103 million XRP, with assets under management above $217 million. That single move helped push cumulative XRP locked across all spot ETFs beyond 400 million tokens.

Five major issuers now dominate the field. Canary Capital leads with the largest share. It is followed by Bitwise, Grayscale, and Franklin Templeton. More issuers are still in the approval pipeline. What stands out is consistency. XRP ETFs have recorded 13 straight days of inflows. Meanwhile, Bitcoin and Ethereum ETFs post mixed or negative flows.

Institutions Buy While Price Stays Flat

Despite the buying wave, XRP’s price tells a calmer story. The token traded near $2.15 on Friday. It is still down about 31% over the last two months. That price gap shocks many traders. Usually, price leads flows. This time, flow leads price. Analysts call this rare. Institutions are adding exposure quietly while the market stays quiet.

That pattern often shows up before bigger price moves. Social sentiment also dipped into fear territory again this week. Those levels last appeared in October. Yet the money keeps coming in. This divergence fuels a growing thesis. Institutional buyers now treat XRP as a long-term infrastructure asset, not a short-term trade. They build exposure early and absorb supply slowly. With more than 400 million XRP now locked in ETF vaults, the liquid supply continues to shrink. That matters as demand stays steady.

Stablecoins Add a Second Tailwind for Ripple

The ETF story now overlaps with the stablecoin narrative. Boston Consulting Group projects U.S. dollar-backed stablecoins could reach $2.5 to $3 trillion by 2030. That projection adds pressure on payment rails that already operate at scale. Ripple positions RLUSD as its regulated stablecoin for the future. Company executives say stablecoins now sit at the heart of global finance transformation.

The strategy is clear: XRP supports liquidity and settlement, while RLUSD supports daily payments and treasury flows. Together, therefore, they form a dual-track system for banks and payment firms. Furthermore, as more institutions enter stablecoin markets, Ripple’s infrastructure gains relevance far beyond trading. The ETF demand reflects that shift. It also aligns with rising interest in tokenized finance and cross-border settlement.

What the Market Watches Next

The near-term focus stays on two levels. First is the $1 billion ETF inflow mark. That level could fall within days at the current pace. Second is XRP’s reaction once that level breaks. If the price starts to follow flows, volatility will return fast. If not, institutions may keep building quietly. Both paths favor long-term holders. Currently, one fact stands out. XRP ETFs attract capital while other crypto funds bleed. That signal matters. Demand did not disappear. It only changed hands.