XRP ETFs Near $1B, Sovereign Funds Buy Bitcoin, CFTC Greenlights Trading

XRP ETFs approach $1.25B in assets as token price slips; CFTC clears regulated spot trading on U.S. futures exchanges

XRP traded lower at $1.86, even as demand for U.S.-listed spot XRP exchange-traded funds (ETFs) remained steady. The divergence highlights a market dynamic where institutional buying through ETFs is continuing while traders sell into rallies, suggesting prices are still absorbing available supply around key levels.

Data cited from SoSoValue show U.S.-listed spot XRP ETFs have attracted more than $1 billion of net inflows since launching in November 2025, with no day of net outflows so far. Recent sessions added $8.19 million, lifting total ETF-held net assets to about $1.25 billion.

By year-end, XRP ETF products had crossed the $1 billion mark in net assets, a pace described by Bitcoin News as the fastest since Ethereum’s ETF launch. Even so, XRP’s spot price remains under pressure, with the token noted as down 49% from its July all-time high despite the steady ETF bid.

Market positioning appears split between spot ETF accumulation and derivatives-related selling. The information provided notes that steady ETF demand has helped XRP maintain stability despite significant sell-side pressure in derivatives markets, contrasting with more volatile, profit-taking-driven flows seen in some older crypto exchange-traded products.

On the supply side, Glassnode data indicate XRP held on exchanges has been declining since early 2025, when it stood at about 4 billion tokens. The biggest reduction occurred in the fourth quarter, consistent with a shift toward longer-term custody. The same data points to U.S.-based spot XRP ETFs as a major driver, with the products having taken in almost 750 million XRP since the first fund launched in November.

The XRP ETF story is unfolding within a rapidly expanding U.S. crypto fund landscape. Less than two years after the SEC approved the first spot Bitcoin ETF, 39 U.S.-listed funds tracking digital assets have launched, spanning spot products for major tokens such as Ethereum, Solana and XRP, as well as index-style offerings covering a broader set of assets. Over the past year, the SEC also approved listing standards for certain crypto ETFs, enabling more issuers to bring products tied to tokens including DOGE, SOL and XRP to market.

Fund-flow data also show a rotation in investor demand. In one session, spot U.S. ETFs tied to XRP, Solana and Litecoin recorded a combined $12 million daily net inflow, while Bitcoin and Ethereum ETFs posted net outflows. Separate figures cited indicate weekly inflows of $70.2 million for XRP and $7.5 million for Solana during a period when other areas of the ETF market saw more selling.

Separately, the regulatory backdrop shifted further after a long-running dispute, as the CFTC greenlit regulated spot Bitcoin and Ethereum trading on U.S. futures exchanges. The move adds another venue for spot crypto activity under a regulated framework, alongside the growing suite of exchange-traded products already available to U.S. investors.

XRP price: slipped to $1.86 amid “sell into rallies” behavior
XRP ETF assets: climbed to about $1.25B with $8.19M added in recent sessions
Flow consistency: SoSoValue data show no day of net outflows since the November 2025 launch
Supply signals: exchange-held XRP has fallen since early 2025; ETFs have absorbed almost 750M XRP tokens
Regulatory update: CFTC approved regulated spot BTC and ETH trading on U.S. futures exchanges