Spot XRP ETFs Clock $65M Inflows in May Already
Spot $XRP exchange-traded funds have pulled in more than $65 million across the first nine trading days of May, with zero outflow days on the board. The streak has lifted cumulative net inflows since launch to roughly $1.36 billion, per SoSoValue data updated May 13.
The five $XRP spot ETFs now hold around $1.14 billion in net assets, equal to 1.30% of the total $XRP market cap. That is brisk uptake for a product class still in its first year of trading, and the $XRP army has noticed.
How does May stack up day by day?
The month opened quietly but found a clear rhythm. Daily net flows have looked like this:
May 1: 0
May 4: $3.87 million
May 5: $11.28 million
May 6: $13.03 million
May 7: 0
May 8: $6.04 million
May 11: $25.80 million
May 12: $5.31 million
May 13: 0
May 11 was the standout. The single session pulled $25.80 million in net inflows, the strongest day for $XRP ETFs since Jan 5.
Not a single outflow day on the board. Three sessions printed flat at zero, the rest green, since April closed.
Which funds are leading the pack?
Bitwise's $XRP fund holds the top spot for cumulative inflows at $446.03 million and $345.32 million in net assets. Canary's XRPC sits close behind at $437.60 million cumulative.
Franklin Templeton's XRPZ has drawn $370.92 million cumulative and carries the lowest fee in the group at 0.19%, which has helped it grab share since launch. Grayscale's GXRP follows with $126.90 million.
The outlier is 21Shares' TOXR, which still sits at negative $19.58 million cumulative, despite holding $154.54 million in net assets. That gap reflects early redemption pressure that the fund has not yet fully reversed.
How does $XRP compare to Bitcoin and Ethereum ETFs?
Absolute dollar figures still favor the majors. Spot Bitcoin ETFs cleared over $706 million in net inflows during the week ending May 11, while spot Ethereum funds added roughly $77 million in the same stretch, according to CoinShares data.
The difference is consistency. Both $BTC and $ETH products posted single-day outflows in early May, with one Ethereum session shedding over $100 million while $XRP ETFs stayed green.
That clean tape is becoming the pitch for institutions allocating to altcoin exposure. Smaller absolute prints, fewer red days, and a $1.36 billion cumulative figure that keeps notching new highs.
What is driving the streak?
Regulatory clarity is doing most of the heavy lifting. Ripple's settled status with the SEC and the steady progress of the CLARITY Act have given allocators a cleaner path into $XRP exposure than they had a year ago.
April set the high mark. $XRP ETFs pulled in roughly $77 million across the month, the strongest stretch of 2026 so far, with a 14-session inflow run from April 10 through April 29 before a small $5.83 million outflow on the final trading day. May has picked up where that run left off, and then some. Eleven trading days remain to test whether the streak holds.
Sources:
SoSoValue $XRP Spot ETF dashboard with daily, weekly, and cumulative flow data
CoinShares Weekly digital asset fund flows report
CoinGlass $XRP ETF ticker breakdown and historical flows