Business
February 19, 2026
The US spot XRP ETFs (exchange-traded funds) have been performing well, with the top five boasting of net assets worth $1.06 billion, according to data from SoSoValue. That’s the equivalent of 1.17% of the entire XRP market capitalization.
Unlike some other cryptocurrencies that struggled to attract investors beyond the initial hype, the XRP ETFs US market have shown steady demand since their launch in November 2025. XRP ETF inflows have also been steady, even as the Bitcoin and Ethereum ETFs are experiencing massive outflows.
According to a report by CoinShares, XRP has seen $148 million in YTD inflows, while BTC and ETH have witnessed $1086 million and $458 million in YTD outflows, respectively.
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XRP ETF Holdings, Performance & Market Impact Analysis
From the market’s perspective, the XRP ETF market share reaching 1.17% of market value is a significant feat. If we look at the US spot BTC ETF, it’s presently 6.31% of the Bitcoin market cap. The US spot ETH ETF is 4.75% of Ethereum’s market capitalization.
If XRP follows a similar path, there is significant potential for growth.
The US XRP Spot ETF data and recent reports also highlight that most investors are putting their money into the biggest XRP ETFs and avoiding smaller ones. If we look at the net assets of the top funds, Canary leads, followed by Bitwise and Franklin. Next on the list are 21Shares and Grayscale, respectively.
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Compared with Bitcoin ETFs, XRP’s trajectory looks promising and strategic. While BTC ETFs let investors reduce exposure during risk-off periods, XRP ETFs allow them to diversify within regulations.
The current XRP ETF holdings, sustained inflows, and rising share of market cap indicate growth and rising institutional interest, both of which are necessary if XRP is to evolve from a trading asset into a portfolio asset class like Bitcoin ETFs.
