Bloomberg ETF Analyst Says XRP ETFs Have “Held Up Fairly Effectively,” Regardless of Dump

XRP exchange-traded funds (ETFs) have continued to draw sturdy investor demand regardless of declines within the token’s value since their debut.

James Seyffart, a broadly adopted ETF analyst at Bloomberg, not too long ago confirmed this in a publish on X. He famous that XRP ETFs have carried out comparatively nicely even because the market cooled.

Key Factors

$1.4B Influx Since Launch

In response to Seyffart’s information, the XRP ETFs have collectively attracted $1.4 billion in cumulative inflows since their launch in November 2025.

The inflows are notable on condition that XRP has skilled a major pullback throughout the identical interval. The asset has declined from round $2.50 on the time of the ETF launch to roughly $1.11. Presently, XRP is buying and selling at $1.38. But the funding merchandise have continued to attract capital.

Seyffart advised that the regular inflows elevate questions on who precisely is shopping for and holding the funds. He defined that solely a fraction of ETF buyers could be recognized via regulatory filings akin to 13Fs, which means nearly all of holders stay unknown.

Institutional Buyers Reveal Early Positions

Among the many disclosed buyers, Goldman Sachs stands out as the biggest identified institutional holder of XRP ETF publicity. As of Dec. 31, 2025, the Wall Avenue big held about $153.8 million price of XRP publicity. That is equal to roughly 83.63 million XRP via varied ETF merchandise.

Different notable hedge funds and asset managers have additionally taken positions. These embrace Millennium Administration, which reported about $23 million in holdings, and Citadel Advisors, which disclosed roughly $4.52 million in publicity.

Further companies with smaller however nonetheless notable allocations embrace Jain World and Logan Stone Capital, together with market-making and buying and selling companies akin to Jane Avenue and DRW.

Past these companies, quite a few wealth managers and monetary establishments reported smaller positions starting from beneath $1 million to a number of hundred thousand {dollars}. This displays a broad mixture of institutional and advisory curiosity in XRP ETFs.

Retail Demand Seems to Drive the Market

Seyffart famous that whereas institutional filings present a partial snapshot of possession, retail buyers probably account for almost all of demand in XRP ETFs. As a result of most retail individuals don’t file 13F disclosures, their exercise stays largely invisible in public information.

Nonetheless, the regular inflows point out continued curiosity in regulated XRP publicity via conventional monetary merchandise.

XRP ETF Market Continues to Develop

The sturdy demand aligns with current developments within the XRP ETF sector. Earlier this month, the Bitwise Asset Administration XRP ETF grew to become the biggest XRP ETF in the US, surpassing its fundamental competitor from Canary Capital after attracting contemporary inflows.

Particularly, Bitwise rose to the highest place after bringing in $10 million in weekly inflows, pushing its property to about $289 million. Nevertheless, the most recent figures present Canary Capital has reclaimed the highest spot. It boasts a complete XRP asset of $271.56 million whereas Bitwise’s product sits barely under at $263.55 million.

Notably, the XRP ETF market additionally contains merchandise from main issuers akin to Franklin Templeton, 21Shares, and Grayscale Investments.

Finally, the sustained inflows counsel that each retail and institutional buyers are persevering with to construct publicity to XRP via regulated funding autos.