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XRP spot ETFs near $2B AUM as institutional investors buy the dip amid price drop.

Market News
24 Sep 2026, 11:53 WIB
UToday
View Source
Bullish
XRP spot ETFs near $2B AUM as institutional investors buy the dip amid price drop.

American spot XRP ETFs are approaching $2 billion in assets under management, driven by significant institutional buying despite a recent 5-6% price drop in XRP. On September 23, net inflows into these ETFs totaled $18.04 million, with major contributions from Bitwise and Franklin funds. Currently, over 1.14 billion XRP tokens are locked in custody to back ETF shares, representing about 1.14% of the total supply. If this trend continues, the $2 billion milestone is expected to be reached in October, signaling strong Wall Street interest in XRP as a digital asset.

As of Sep 24, 2026 16:01 WIB, XRP trades on Pluang at Rp26.546 with a 1-day decline of 6.50%, reflecting active market movements following recent ETF inflows. The circulating supply on Pluang is 62.9 billion XRP, representing 63% of the total supply, with a market cap of Rp1.697,86 trillion. Notably, the 24-hour trading volume is Rp112,96 trillion, indicating significant liquidity as XRP approaches the $2 billion ETF milestone.

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