- Five XRP spot ETFs accumulated over $909 million in assets under management after launch.
- Canary Capital leads with $351M, and institutions together hold over 400M XRP.
- Garlinghouse cites regulatory clarity and institutional demand as catalysts for 2026.
Five XRP spot exchange-traded funds have accumulated more than $909 million in assets under management within weeks of launching in the United States. Analyst Neil reported that institutional products now hold over 400 million XRP tokens combined.
Canary Capital’s XRPC leads the pack with $351 million in assets. Bitwise’s XRP fund holds $188 million, while Grayscale’s GXRP manages $139 million. Franklin Templeton’s XRPZ accounts for $123 million, and REX-Osprey’s XRPR holds $108 million.
Additional ETF Approvals Expected in Pipeline
Neil stated that more ETF approvals remain in the pipeline as traditional finance institutions increase their exposure to XRP. The analyst described a race to reach 1 billion XRP locked in ETF products as institutional accumulation continues.
The five funds were launched following regulatory approval in the United States. XRP ETFs attracted over $700 million in inflows during the first two to three weeks of trading, according to comments from Ripple CEO Brad Garlinghouse at Binance Blockchain Week.
Garlinghouse stated that 2026 is shaping up to be a breakout year for the cryptocurrency sector. He cited clearer U.S. regulatory frameworks, rising institutional demand from firms like BlackRock and Vanguard, growing ETF inflows, and expanding stablecoin utility as factors pointing to a stronger market ahead.
Ripple CEO Touts the US’s Regulatory Clarity
The Ripple CEO noted that regulatory clarity in the United States creates tailwinds for the industry. He stated that the U.S. market accounts for 22% of global GDP and has shifted from a hostile stance toward crypto to a more accommodating one. Institutions continue catching up with this regulatory change.
Garlinghouse pointed to Vanguard’s recent policy shift as an example. The asset manager historically refused to touch crypto but recently announced a major reversal. Franklin Templeton and BlackRock representatives appeared at industry events, indicating increased institutional engagement.
The GENIUS Act provides regulatory clarity for stablecoins in the United States. Garlinghouse stated that Ripple is seeing institutional interest in stablecoin payments following the acquisition of G Treasury, which has visibility into over $10 trillion of corporate customer payments. Customers are approaching Ripple to leverage stablecoins for greater flexibility and higher yield.
The broader Clarity Act for cryptocurrencies maintains forward momentum in Congress. Garlinghouse expects passage sometime in the first half of 2026, which will create additional tailwinds for the industry.
Related: XRP Volatility Compresses Below $2.30; Analysts Eye $2.75 Breakout Target
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