Which XRP ETFs Help You Ride the Crypto Bull Cycle?
Spot XRP ETFs have pulled in roughly $1.41 billion in cumulative inflows since launching in November 2025. Total assets under management are now worth around $1.12 billion, with nearly 904.76 million XRP held in reserve. Which of these ETFs is…
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Spot XRP ETFs have pulled in roughly $1.41 billion in cumulative inflows since launching in November 2025. Total assets under management are now worth around $1.12 billion, with nearly 904.76 million XRP held in reserve. Which of these ETFs is best positioned to help investors ride the bull cycle is what the inflow data actually answers.
These funds have recorded inflows in thirteen of the last fifteen days, gradually tightening XRP (CRYPTO: XRP) supply in the market. We broke down how XRP ETFs have performed since launch and which ETF between Bitwise’s XRP, Canary’s XRPC, and Franklin’s XRPZ, best helps investors ride the crypto bull cycle.
How XRP ETFs Have Performed Since their 2025 Launch
Spot XRP ETFs entered 2026 with strong momentum after one of the most successful crypto ETF launches in recent years. They pulled in over $666 million in net inflows in November 2025, their launch month, and total inflows crossed a record $1.17 billion by the end of the year, placing XRP among the fastest-growing digital asset ETF products at launch.
However, in 2026, XRP ETFs’ performance shifted toward a more volatile and mature trading environment. Monthly inflows dropped sharply from December 2025’s high of $499.91 million to $15.59 million in January, as investors locked in profits and macro pressures, including tariff tensions, weighed on sentiment. January also brought the first outflows since launch, with around $93 million exiting between January 23 and January 30.
XRP ETFs stabilized in February with $58.09 million in inflows, before posting their first monthly outflow in March. Net outflows reached $31.16 million for the month despite $459.04 million in value traded, which briefly pushed total net assets below $950 million and raised concerns that early momentum was fading.
The trend flipped positive again in April and May 2026, driven by renewed crypto market optimism and improving XRP sentiment. XRP ETFs pulled in $81.59 million in April, with the week of April 17 contributing over $55 million. May is already on track to be the best month of 2026, with inflows around $118.29 million so far.
Top 3 XRP ETFs That Could Help You Ride the Crypto Bull Cycle
XRP ETF inflows don’t move the price directly. Their impact comes through tightening circulating supply, which builds momentum over time during bullish market cycles.
The first XRP ETF that could help in the crypto bull cycle is the Bitwise XRP ETF (XRP), which offers regulated exposure to XRP through a crypto-native issuer—an asset manager built around digital assets rather than a traditional finance firm moving into crypto.
The fund holds $337.71 million in net assets and $462.24 million in cumulative inflows, about 32.8% of total XRP ETF inflows. Those purchases gradually reduce liquid XRP supply, building a demand base that strengthens the bull cycle over time.
The second is the Canary XRP ETF (XRPC), which holds roughly $290.41 million in net assets and $452.03 million in cumulative inflows, about 32.1% of the total. The fund has roughly 218.4 million XRP in custody. Set against XRP’s circulating supply of 61.85 billion, the impact is modest but directionally positive, and it should grow as inflows accumulate.
The third is the Franklin XRP ETF (XRPZ), which adds traditional-finance credibility to XRP exposure. The fund manages about $276.43 million in net assets alongside $390.04 million in cumulative inflows. Like the others, its inflows require buying XRP on the open market, which gradually absorbs supply.
All three funds work the same way, buying XRP on the open market and holding it in custody, which tightens circulating supply. If monthly inflows return above $100 million, the ETFs would absorb more XRP from circulation, strengthening XRP’s market structure and potentially boosting price momentum during bullish cycles.
Which XRP ETF Is Having the Biggest Impact on Supply and Momentum?
Bitwise’s XRP ETF appears to help XRP momentum the most overall, because it leads in both cumulative inflows and net assets. Its cumulative inflows make it the largest consistent source of open-market XRP buying among the three.
Canary’s and Franklin’s funds also absorb XRP supply, which helps the bull cycle over the long run. But Bitwise has attracted the most capital so far, which means it has contributed the most supply tightening and the strongest long-term institutional positioning of the three.
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Sam Daodu is a crypto analyst and the editor of 24/7 Wall St.'s Crypto Desk, where he covers Bitcoin, XRP, Ethereum, Solana and the altcoins investors search for most. His work focuses on price levels, spot ETF flows, on-chain data and the regulatory decisions that move crypto markets, written so a first-time buyer and a seasoned trader can both use it.
Sam has written about crypto professionally since 2019 and has published more than 2,000 articles. Before joining 24/7 Wall St., he wrote for crypto media outlets and Web3 companies and ghostwrote for crypto founders and token launches. His analysis is syndicated on Yahoo Finance, MSN and AOL and has been cited by other crypto news sites. He also founded MacLabs Marketing, a content and personal branding agency for crypto founders and executives.
When he isn't reading charts, Sam is usually at the gym or watching One Piece, a series he maintains has better tokenomics than most altcoins.
