Spot XRP ETF data released! Has the 1 billion XRP target been reached?
As interest in $XRP-based exchange-traded funds (ETFs) continues to grow in the cryptocurrency market, the latest data on U.S.-traded XRP ETFs shows a notable picture.
According to real-time tracking data, a total of 7 different XRP ETFs are currently trading, with total assets under management of approximately $1 billion.
While the price of $XRP is trading sideways around $1.34, the total amount of XRP locked through ETFs is estimated at 769.79 million. This represents approximately 0.7698% of the total supply of 100 billion XRP.
The largest XRP holdings among ETFs belong to Canary Capital with 197.2 million XRP, followed by Bitwise with 193 million XRP and Franklin Templeton with 159.7 million XRP. Other ETF issuers include 21Shares (105.8 million XRP), Grayscale (47.5 million XRP), REX-Osprey (42.2 million XRP), and the Bitwise index fund (24.5 million XRP).
In terms of daily trading volume, the Bitwise XRP ETF ranked first with $9.40 million, followed by GXRP from Grayscale at $2.86 million and XRPZ from Franklin Templeton at $2.60 million. Other notable ETFs include 21Shares ($1.49 million), Canary Capital ($1.47 million), and REX-Osprey ($143,000).
The latest data shows that the XRP ETF market continues to grow, with total locked assets approaching the target of 1 billion XRP.
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