Exchange-traded funds (ETFs) tracking XRP, the crypto asset associated with Ripple, have recorded $1.44 billion in cumulative inflows since launching in November 2025.
Source: TradingView
XRP ETFs Hold Strong Despite Price Crash
The ETFs entered the market as XRP traded near $3. By mid-March 2026, the price had fallen to $1.40, reflecting a 45% to nearly 50% decline.
New ETFs typically benefit from strong early momentum, often described as the “shiny object” effect, where investor excitement drives initial inflows. A subsequent price reversal typically erodes inflows, particularly for nascent products. XRP ETFs, however, have bucked this trend.
Eric Balchunas, ETF analyst at Bloomberg Intelligence, observed on X that the results parallel Solana’s but are impressive given the “brutal 45% drawdown.” He described such inflows as “nearly impossible” under these conditions. Assets under management (AUM) have remained relatively stable.
This endurance stems from the underlying support of dedicated holders, who maintain purchases during adversity.
Source: Eric Balchunas
How the XRP Army Sustains ETF Inflows
Balchunas attributes the inflows primarily to XRP superfans rather than transient retail investors. The XRP Army is widely considered one of the most loyal communities in crypto space. It has supported Ripple-backed token through extended regulatory scrutiny by the U.S. Securities and Exchange Commission, delistings from major exchanges, prolonged market downturns, and skepticism from the wider industry.
Matt Hougan, chief investment officer at Bitwise, reinforced this assessment. He noted widespread underestimation of XRP owing to prevailing bearish sentiment. The key factor, he said, is “a group of people that buys the asset, and the XRP Army is incredibly bullish and loves XRP.”
These inflows totaling $1.44 billion since November 2025 demonstrate this commitment amid the price slump. Community resolve thus preserves ETF viability, a dynamic largely unique to crypto markets.
Read more: XRP Price Prediction
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Comparison with Solana ETFs
Solana ETFs have exhibited comparable resilience, accumulating over $1.45 billion since July 2025 despite a 57% price decline. Analysts attribute Solana’s resilience to a more institutional investor base. Both examples challenge conventional ETF behavior in drawdowns. XRP’s foundation, strengthened by milestones such as the 2023 SEC ruling and subsequent relistings, now bolsters its ETF ecosystem.
Read more: Solana Price Prediction
Conclusion
XRP ETFs continuing to attract $1.44 billion in inflows despite a nearly 50% price drop highlights the unusual strength of the asset’s community. Analysts such as Eric Balchunas and Matt Hougan say the XRP Army’s conviction has helped sustain investor demand, even during sharp market drawdowns. Thelve.
