XRP Becomes $1.37B ETF Tug-of-War as Flows Drive Price Moves
XRP is now trading both on the open market and inside multiple spot ETFs, which together hold $1.37 billion in assets and have seen $1.18 billion in cumulative net inflows, according to SoSoValue. ETF products recorded a $43.16 million net inflow this week. Franklin’s XRPZ led weekly inflows with $21.76 million (cumulative $252.31M), followed by Bitwise’s XRP with $17.27 million (cumulative $264.99M). Canary’s XRPC had the largest total assets at $349.24 million and the largest historical inflows ($383.94M) but posted the week’s biggest outflow (-$1.18M). High ETF trading volumes — about $27.51 million of ETF shares changed hands in a single day — and rising share prices (around +8% in several products) indicate active allocation rather than passive holding. Traders are choosing issuers based on fees, liquidity and creation/redemption friction; heavier creations during inflow spikes force underlying spot purchases of XRP, meaning ETF flows can amplify XRP’s price moves. Key metrics: total ETF AUM $1.37B, cumulative inflows $1.18B, weekly net inflow $43.16M, single-day ETF volume ~$27.5M. Primary keywords: XRP, XRP ETF, ETF flows, spot ETF, AUM.
Bullish
ETF inflows are a constructive price catalyst. The article shows sustained cumulative inflows ($1.18B) and rising AUM ($1.37B) across multiple XRP spot ETFs, with notable weekly and single-day trading volumes. When ETF issuers receive subscriptions, they or their authorized participants must create shares by buying the underlying asset, increasing spot demand for XRP. Active rotation between issuers (flows moving to lower-fee or more liquid products) can trigger bursts of buying when one product outperforms, which historically has amplified upside in other token ETF contexts (see early Bitcoin and spot-ETF-driven rallies). Short-term, expect heightened volatility as flows concentrate and rotate—sharp upside days are likely when creation activity spikes. Medium-to-long term, continued net inflows and growing ETF share of circulating supply could provide a sustained demand floor for XRP, supporting a bullish bias, provided regulatory environment remains stable and issuer competition doesn’t materially dampen net inflows. Risks include rapid outflows if market sentiment reverses or if a major issuer experiences liquidity/operational issues, which could produce swift downside in short term.