XRP ETFs lock up 900M tokens, fail to boost XRP price

Seven US spot XRP ETFs now hold approximately 992.5 million tokens in custody, representing just under 1% of the total 100 billion XRP supply. Cumulative net inflows have exceeded $1.4 billion since the funds launched in November 2025. And yet, XRP has spent August 2026 trading between $1.02 and $1.12, seemingly indifferent to the wall of institutional money flowing in. The numbers that should matter but apparently don’t The combined assets under management across all seven XRP ETFs sit near $1 billion as of August 2026. Bitwise leads the pack with roughly 296.7 million XRP tokens in its fund, followed by Franklin Templeton at approximately 240 million and Canary Capital at around 232 million. Grayscale rounds out the list of prominent issuers that have carved out positions in the space. The early traction was genuinely impressive. XRP ETFs hit $1 billion in cumulative inflows shortly after launch, making them among the fastest digital asset ETFs to reach that milestone. The first month of trading produced zero net outflow days, a streak that even Bitcoin ETFs didn’t manage when they debuted in early 2024. Goldman Sachs and other institutional heavyweights have taken positions, len...