XRP’s ETF story is getting harder to ignore.
U.S. spot XRP exchange-traded funds have now recorded 11 consecutive trading sessions of net inflows, with roughly $170 million entering the products during the streak.
Since their launch in November, cumulative net inflows have reached approximately $1.68 billion, according to CoinDesk.
The latest buying has continued despite a volatile period for XRP, suggesting that demand for regulated XRP investment products has remained resilient even as the underlying asset swings in price.
Tuesday Added Another $14.38 Million
The streak continued on September 2, when U.S. spot XRP ETFs attracted approximately $14.38 million in net inflows.
Two funds accounted for the largest named portions of that day’s activity:
- Franklin Templeton: $6.63 million
- Grayscale: $4.72 million
The figures represent that day’s allocations. They should not be confused with cumulative assets under management or the funds’ overall performance.
The Bigger Number Is $1.68 Billion
There are two different flow figures worth keeping separate.
The roughly $170 million figure covers only the latest 11-session streak, which began on August 18.
The approximately $1.68 billion figure represents cumulative net inflows since the products launched in November.
In other words, the recent streak is only one portion of the broader capital that has flowed into U.S. spot XRP ETFs since launch.
That distinction matters when assessing the scale of institutional and investor demand.
Goldman Sachs Leads Disclosed Institutional Holdings
Separate data from Bloomberg Intelligence offers another look at institutional involvement.
Based on 13F filings covering the second quarter, institutions had disclosed approximately $87.4 million in holdings across XRP ETF products as of June 30.
Goldman Sachs had the largest disclosed position in that snapshot.
Jane Street followed with about $16.6 million, while Millennium Management reported approximately $16.2 million.
But these figures tell a different story from the daily ETF-flow data.
The 13F numbers represent positions reported for the quarter ending June 30, 2026. They do not show purchases made during the current 11-session inflow streak.
Goldman Sachs, for example, submitted its relevant Form 13F filing to the U.S. Securities and Exchange Commission on August 14.
Why the Two Data Sets Shouldn’t Be Combined
The ETF-flow numbers show money entering or leaving the products on a daily basis.
The 13F filings show institutional positions at a specific reporting date.
They measure different things.
Taken together, however, they provide two useful signals: XRP ETFs have continued attracting capital recently, while institutional investors had already disclosed meaningful exposure by the end of the second quarter.
The key question now is whether the 11-session inflow streak can continue.
If fresh money keeps entering the products despite XRP’s volatility, it could reinforce the argument that demand for regulated exposure to the cryptocurrency is becoming a more durable part of the market.