XRPC Overtakes XRP ETFs, Significant Surge in Demand a Factor

XRP ETFs have entered a new phase of competition as XRPC, issued by Canary Capital, pulls ahead of every other U.S. spot XRP ETF. The sudden surge in demand has shocked issuers and forced several firms to reassess their allocation strategies.

According to Nate Geraci and Canary Capital leadership, the data leaves no room for debate. XRPC is now larger than the combined size of every competing U.S. XRP ETF.

This shift marks a significant development in the evolving XRP ETF landscape. Instead of capital flowing evenly across multiple products, investors concentrated their allocations heavily toward a single fund. 

Such a decisive tilt challenges the assumptions issuers made during launch week and reshapes expectations for how the XRP ETF market will grow moving forward.

Market performance shows XRP trading near $2.17, continuing to recover from earlier volatility. Even as attention remains locked on Bitcoin and Ethereum ETFs, the XRP ecosystem is demonstrating strong independent momentum through ETF inflows and renewed enthusiasm from institutional participants.

Key Takeaways

• XRPC has surpassed the combined size of every other U.S. XRP ETF.
• Investor capital is concentrating heavily in one product instead of spreading across issuers.
• XRPC crossed $336 million in assets, far ahead of competitors.
• Daily inflows remain strong across multiple funds, showing healthy institutional interest.
• XRP price has reacted positively, supported by rising ETF demand and market sentiment.

XRPC Surges Ahead of All Other U.S. XRP ETFs

Nate Geraci highlighted a striking update in ETF flows. Canary Capital confirmed that XRPC has officially overtaken the total combined assets of every competing XRP ETF in the U.S. market. This is not a small margin. 

XRPC’s assets recently crossed $336 million, while the remaining products have not collectively matched that threshold.

For an ETF entering an already crowded market, this level of separation is noteworthy. Canary Capital CEO Michael McClurg described the trend as a direct validation of where investor demand is heading. 

Instead of dividing their allocations among multiple issuers, investors concentrated their capital into XRPC with remarkable uniformity.

McClurg noted that investors are not simply exploring different ETFs. They appear to have already chosen a clear favorite, which shifts competitive pressure onto other issuers to respond. The strong inflows show that XRPC is attracting both early adopters and larger institutional players.

Read Also: XRP Whale Sell-Off: Billions of Tokens Dumped

Daily ETF Flow Data Shows Clear Hierarchy

Recent ETF flow sheets show continued inflow momentum across several products, but the dominance of XRPC remains untouched.

Notable Daily Inflows

• XRPC added $9.07 million in a single day
• Franklin Templeton’s XRPZ added $10.68 million
• Bitwise’s XRP logged $2.93 million

Even with these inflows, the hierarchy did not change. XRPC remains the leader with consistent separation from the pack. This trend has lasted long enough to be viewed as structural rather than a temporary launch effect.

Issuers expected that inflows would diversify across products as the market matured. Instead, the opposite is happening. Capital concentration is increasing, creating a competitive advantage for XRPC that becomes harder for rivals to overcome with time.

Why Investors Are Choosing XRPC

Investor behavior in ETF markets often hinges on subtle but influential factors. Although all XRP ETFs provide exposure to the same underlying asset, the differences in brand perception, fee structures, liquidity, and issuer reputation can dramatically shift flows.

Possible Drivers Behind XRPC’s Lead

• Strong issuer reputation from Canary Capital
• Early positive sentiment during launch
• Higher liquidity compared to peers
• Reinforced momentum from social and institutional channels
• Clear branding that resonates with XRP-focused investors

Once an ETF achieves a lead, momentum often compounds, creating a feedback loop. Higher liquidity attracts more investors, which strengthens the lead further.

This phenomenon appears to be happening with XRPC. The fund has set a rhythm, and competitors are reacting rather than setting their own pace.

Broader Market Context: XRP Demand Defies Seasonal ETF Trends

The surge in XRP ETF demand is occurring during a period when broader market attention is focused on Bitcoin and Ethereum. Historically, secondary ETFs soften during periods dominated by BTC or ETH momentum.

This time, XRP is defying that pattern. Allocations continue flowing into the XRP ETF segment, suggesting a strong thematic demand for XRP’s utility narrative and cross-border settlement use cases.

Investors appear to be seeking exposure to assets outside of Bitcoin and Ethereum while still remaining within regulated ETF structures. XRP’s maturing ecosystem and long-standing institutional partnerships support that expanding thesis.

XRP Price Performance Reflects Renewed Confidence

The XRP market is experiencing healthy movement with the price at approximately $2.17 based on the chart data. Price swings over the past several days show periods of sell-offs followed by sharp rebounds. These patterns indicate active trading interest and a growing comfort among institutional buyers.

XRP has historically reacted strongly to positive ETF inflow news. As XRPC continues to build momentum, price stability may improve alongside the growing liquidity in institutional channels.

Trading volume remains robust, supporting the notion that XRP's ETF-driven demand is becoming a reliable contributor to market confidence.

Why XRPC’s Lead Matters for Future XRP ETFs

If XRPC continues to dominate the category, other issuers may be forced to re-evaluate their strategies. This could include fee adjustments, marketing pushes, or differentiated product structures.

Potential Industry Implications

• Increased competition among issuers
• Possible fee reductions to encourage inflows
• Incentives to build liquidity earlier
• Strategic branding shifts
• Longer-term product diversification

ETF markets tend to consolidate over time, and early leaders usually retain strong advantages. XRPC’s early lead may shape the long-term trajectory of XRP ETF offerings in the United States.

Final Thoughts

The dominance of XRPC marks a significant milestone in the U.S. XRP ETF market. With over $336 million in assets and clear separation from competitors, the fund has captured the attention of both retail and institutional investors. Daily inflows across the category remain healthy, but XRPC maintains its position as the favored product.

At the same time, XRP’s price performance supports the idea that ETF-driven demand is strengthening. As institutional participants continue allocating capital, XRP may benefit from deeper liquidity and more consistent market structure.

The combination of strong ETF flows and improving market sentiment positions XRP for a potentially strong finish to 2025.

Read Also: Will XRP Be Bullish Again? Analysis with Bitrue

FAQs

What is XRPC?

XRPC is a U.S. spot XRP ETF issued by Canary Capital.

How much has XRPC overtaken other XRP ETFs?

XRPC surpassed $336 million in assets, greater than all other U.S. XRP ETFs combined.

Why are investors choosing XRPC?

Factors may include brand confidence, liquidity, and early momentum.

Is XRP’s price affected by ETF demand?

ETF inflows often contribute to market confidence and improved liquidity, supporting price movement.

Will more XRP ETFs be released?

Additional ETFs may appear, but current trends suggest strong consolidation toward a few leading products.