US Spot XRP ETFs Mark One Year: Over 1 Billion XRP Accumulated Amid 60% Price Decline

US spot XRP Exchange Traded Funds (ETFs) have completed their first year of trading, accumulating over 1 billion XRP tokens. However, this period has also seen a substantial decline in the price of XRP, with a reported 60% pullback over the past 12 months. The ETFs, which began trading approximately one year prior to November 13, 2026, have attracted significant inflows, though demand has reportedly slowed over time.

According to the article, the first US ETF to hold only XRP began trading one year ago from November 13, 2026. In the initial month and a half following the debut of products like Canary Capital’s XRPC and subsequent ETFs, these funds attracted $666.61 million. This trend continued into December, with an additional $500 million in inflows reported. While XRP ETFs managed to close each month in the green except for March, recent data indicates a shift. In the first couple of weeks of November 2026, Ripple ETFs experienced net outflows totaling $19.66 million. Consequently, cumulative total net inflows have dipped from a recent high of $1.81 billion to $1.79 billion on SoSoValue.

Over the past year, these funds have purchased approximately 1.16 billion XRP tokens. This accumulation, while substantial, represents less than 1.6% of XRP’s current circulating supply of 63.51 billion tokens. For context, the article notes that the volume acquired by ETFs over a year is comparable to the one billion XRP tokens that Ripple releases from escrow at the start of every month. Even if only 300 million XRP from Ripple’s monthly release remains in net circulation, the volume acquired by ETFs over a year is significant but not disproportionate to monthly releases.

The price performance of XRP during this period presents a stark contrast to the accumulation figures. XRP was trading around $2.30-$2.40 when the first ETF went live for trading. A year later, XRP had fallen to $0.90, marking a 60% decrease. This price decline occurred despite the presence of institutional products aimed at legitimizing XRP’s market presence. The article suggests that the XRP ETFs have not provided a sufficient cushion for the asset’s price against broader market downturns, noting that there are countless other reasons behind market-wide crashes.

Canary Capital’s XRPC, which was the first XRP ETF to launch, is now the third-largest, trailing Bitwise’s XRP and Franklin Templeton’s XRPZ. The performance of XRP ETFs in November 2026 has been marked by net outflows, indicating a potential cooling of investor interest in the short term. The article highlights that while the initial period of XRP ETF trading was met with strong inflows, the subsequent year has been characterized by a significant price depreciation for XRP, underscoring the complex interplay of institutional investment and market dynamics. The exact date of the first XRP ETF launch, the precise amount of XRP remaining in net circulation from Ripple’s monthly release, and the specific reasons for the market-wide crash affecting XRP remain points of uncertainty.

Why This Matters

The materials describe a narrow update: US spot XRP ETFs have been trading for one year. The exact date of the first XRP ETF launch.

Broader Context

Source materials place the factual news in this context: It was almost a year ago, to the day, when Canary Capital’s XRPC went live for trading, thus validating XRP as a major financial asset.