Cumulative net inflows into spot XRP exchange-traded funds (ETFs) hit $1.5 billion, a record high.

On July 30 (local time), blockchain outlet The Crypto Basic reported that spot XRP ETFs posted net inflows of $592,470 on July 27, lifting cumulative net inflows to $1.5 billion from $1.49 billion.

The mark is the first time spot XRP ETFs have topped $1.5 billion since trading began in November 2025. Earlier, the products saw three straight sessions from July 22 to July 24 with neither net inflows nor net outflows, leaving cumulative inflows at $1.49 billion.

Inflow momentum was fast from the early days of listing. By mid-December 2025, less than a month after the first spot XRP ETF came to market, cumulative net inflows had topped $1 billion. At the time, daily inflows often exceeded $20 million, including $243 million on Nov. 14, 2025 and $164 million on Nov. 24 that year.

This year, the pace slowed. After cumulative net inflows topped $1.2 billion in early January 2026, the first daily net outflow occurred on Jan. 7, when $40.8 million left. Funds later returned to net inflows, but cumulative net inflows fell to $1.17 billion by late January.

Even so, the overall flow this year remained positive. Despite weak XRP prices, the ETFs continued to post net inflows on most trading days and in most months. Over the same period, XRP fell 70 percent from its all-time high of $3.6 and was down 41 percent since the start of the year, while ETF flows moved in the opposite direction.

By month, net inflows were $15.59 million in January 2026 and $58.09 million in February. March saw net outflows of $31.16 million, the first monthly negative reading. March is also the only month so far to end with net outflows. Cumulative net inflows recovered to $1.3 billion by the end of April and topped $1.4 billion in May. Net inflows in May alone totaled $131.94 million, the largest this year.

By issuer, the Bitwise spot XRP ETF held the largest share, with cumulative net inflows of $500 million. That is about 33 percent of the total. The product entered the market later than the Canary Capital spot XRP ETF, but has recently moved ahead on cumulative inflows.

The Canary Capital XRP ETF ranked second with $466.97 million. Franklin Templeton’s XRPZ ETF followed with $422.45 million, and Grayscale’s GXRP posted $131.46 million. By contrast, 21Shares’ spot XRP ETF product TOXR has recorded cumulative net inflows of negative $20.06 million since launch. Among major spot XRP ETFs, TOXR is the only product still in negative territory.

The trend shows that spot XRP prices and ETF fund flows are moving separately. Even as price weakness extends into a 12th month, new money has continued to enter the ETF market and competition for market share among issuers is becoming more distinct.