U.S. spot XRP ETFs moved closer to the $2 billion assets-under-management milestone on September 23 as institutional buyers used a local price drop to add exposure. According to data from SoSoValue and XRP Insights, net inflows reached $18.04 million for the day, even though XRP fell around 5–6%.
Bitwise’s XRP ETF led with $11.54 million in new money, lifting its cumulative total to about $649 million. Franklin Templeton’s XRP ETF added $6.50 million, reaching roughly $492 million. Total cumulative net inflows across U.S. spot XRP funds stood at approximately $1.748 billion. XRP Insights showed roughly 1.15 billion XRP held across products, equivalent to about 1.15% of the token’s 100 billion supply, while other trackers placed total net assets near $1.65 billion.
The difference stems partly from methodology: XRP Insights includes a Bitwise index fund with partial XRP exposure, so dedicated spot-fund totals vary. Assets under management also reflect market value, meaning falling XRP prices can offset positive inflows. Still, with daily trading volume around $63.13 million and sustained dip-buying, the $2 billion psychological threshold could be crossed as soon as October if the current pace continues.
