US XRP ETFs reach 318 million XRP in holdings in over two weeks

US spot XRP Exchange-Traded Funds (ETFs) from issuers including Canary Capital, Bitwise, Grayscale, and Franklin Templeton have amassed approximately 318 million XRP, valued at about $648 million, since their introduction just over two weeks ago. Including the REX-Osprey XRP ETF, US-listed XRP funds collectively manage $775 million in assets. Canary's XRPC ETF is currently the leader, holding nearly $347 million in assets under management and reportedly achieving the highest first-day volume for any ETF launched in 2025. Despite not yet matching the scale of earlier Bitcoin and Ethereum products, the strong initial performance of XRP ETFs indicates growing investor interest in alternative cryptocurrency ETFs, prompting managers to expand offerings to include Solana, Dogecoin, HBAR, and Litecoin funds, with Grayscale anticipated to launch the first spot LINK ETF soon.

(Source：Crypto Briefing)