Approximately $1.01 billion worth of XRP has been locked up by institutional investors through exchange-traded products (ETFs), significantly reducing the token's available supply on the open market. Data from SoSoValue reveals that the total net assets of XRP spot ETFs have now surpassed the $1 billion threshold, indicating a substantial and growing institutional presence.
According to analyst Pumpius, around 800 million XRP tokens are currently held within institutional investment vehicles. Major ETF issuers managing these funds include Canary, Bitwise, Franklin Templeton, 21Shares, and Grayscale. Collectively, these firms control a notable portion of XRP's circulating supply, a development that has captured significant market attention.
SoSoValue data further details the scale of institutional inflows. Total net inflows into these XRP ETFs have exceeded $1.23 billion. As of February 16, daily net inflows were recorded at $4.50 million, with the most recent trading session seeing over $19.69 million in volume. Individual funds are showing strong performance: the XRPC fund on Nasdaq holds approximately $269.64 million in net assets, while Bitwise's product holds $259.62 million.
Market prices for these ETFs have reflected this confidence, posting daily gains of around 4%. This accumulation creates potential supply-side pressure. When institutions lock large amounts of XRP in ETFs, those tokens are removed from active trading circulation, reducing market liquidity. This scarcity dynamic can contribute to upward price pressure, though the balance remains sensitive to shifts in market sentiment and future inflow/outflow patterns.
