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Canary's XRP ETF has pulled in $452 million since launch, contributing to $1.4 billion total XRP ETF inflows and tightening on‑chain supply.
XRP’s spot ETF ecosystem has amassed $1.41 billion in cumulative inflows since the November 2025 launch, with Canary Capital’s XRPC accounting for roughly $452 million of that total and holding about 218.4 million XRP in custody [2]. The steady inflows are tightening circulating supply, a factor that could bolster price momentum if the broader crypto market stays bullish.
| At a glance | |
|---|---|
| Cumulative inflows (all XRP ETFs) | $1.41 billion |
| Canary XRP ETF inflows | $452 million |
| XRP held in custody (all ETFs) | ~905 million XRP |
| Recent monthly inflow (May 2026) | $95 million (Canary) |
Spot XRP ETFs collectively hold nearly 905 million XRP, representing about 1.5 % of the token’s 61.85 billion circulating supply [2]. Canary’s fund alone secures roughly 218.4 million XRP, translating into a modest but growing share of the on‑chain supply. Each inflow forces the fund to purchase XRP on the open market, gradually removing liquidity and potentially supporting price during bullish cycles [2].
XRP’s ETF lead over Solana remains sizable—$1.39 billion versus $1.12 billion in cumulative inflows [1]—despite XRP’s 39 % price decline from its July 2025 peak. Institutional participation is low; only 16 % of XRP ETF assets were linked to 13F filers at the end of Q4 2025, and Goldman Sachs fully exited its $154 million XRP ETF position in Q1 2026 [1]. Retail investors now dominate the ETF holdings, spreading risk across five funds, including Canary, Grayscale, Franklin Templeton, Bitwise, and 21Shares [1].
May 2026 saw XRP ETFs pull in $95 million, closely matching Solana’s $103 million inflow for the month [1]. The month’s inflow streak continued a pattern of positive net flows that began with a 13‑day stretch in early December 2025, establishing a consistent demand base that has persisted into 2026 [1].
The sustained inflow into Canary’s ETF underscores growing retail confidence in XRP, even as institutional participation remains tentative. Whether the tightening of on‑chain supply can convert into a durable price rally hinges on broader market sentiment and the outcome of pending regulatory reforms.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 4, 2026 · How we report
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