US XRP ETFs cross $1 billion in assets as price rally fuels growth

The combined net assets of U.S. spot XRP exchange‑traded funds rose to $1.05 billion as of July 7, driven primarily by a 10.5 % rebound in XRP’s price rather than large new inflows. Bitwise remains the largest manager with $330.84 million, followed by Canary ($265.30 million) and Franklin Templeton ($261.68 million). Weekly net new capital was modest at $17.19 million, marking the ninth consecutive week of net inflows and bringing total accumulated inflows since launch to $1.49 billion.

Regulatory uncertainty continues to temper institutional interest; the CLARITY Act, intended to clarify digital‑asset regulation, has been delayed until late 2026. A separate analysis notes that a late‑June market wash‑out cleared excess leverage, reducing open interest and futures volume, but the market now relies on spot buyers and ETF allocators to sustain the rally. XRP is trading near $1.08, with a market value around $67 billion, while futures still dominate trading volume. Continued asset growth will depend on genuine demand from spot traders and ETF investors rather than price‑driven revaluation alone.