XRP ETFs Attract $170 million Of Capital In 11 Days
Yahoo Finance ·
U.S.-listed spot XRP (CRYPTO: XRP) exchange-traded funds (ETFs) have attracted $170 million U.S. of investor capital over 11 consecutive trading days. The XRP ETFs have continued to see net inflows despite the cryptocurrency’s price declining to begin September. XRP is trading at $1.34 U.S. on Sept. 2, down from a peak of $1.45 U.S. on Aug. 27. MEXC Data: BTC Breaks $80,000, Major-Asset Spot Trading Volume Surges 300% Strategy Bought $370 Million Of Bitcoin Last Week Bitmine Accelerates Ethereum Purchases To Close Out August Kalshi Expands Internationally With Alpaca Brokerage Partnership MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster The funds pulled in $14.38 million U.S. on Sept. 1, taking their cumulative net inflows since their launch in November 2025 to $1.68 billion U.S. Franklin Templeton's XRP ETF led the way on Sept. 1, drawing in $6.63 million U.S., followed by Grayscale with $4.72 million U.S. Notably, investment bank Goldman Sachs (NYSE: $GS ) is the largest institutional investor in the XRP ETFs with $87.4 million U.S. of capital allocated to the funds, according to regulatory filings Investment firms Jane Street, with $16.6 million U.S., and Millennium Management with $16.2 million U.S., are the second and third largest institutional investors in the XRP ETFs. Despite their success, the money allocated to the XRP funds is small compared to Bitcoin (CRYPTO: $BTC ) ETFs. U.S. spot Bitcoin funds took in $2.26 billion U.S. over six trading sessions in late August, more than the XRP ETFs have attracted since they started trading nearly a year ago. GS stock has risen 38% over the past 12 months to trade at $1,010.06 U.S. per share.
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