XRP ETPs post $253.6M in Q2 net inflows, up from Q1

Global XRP exchange-traded products recorded $253.6 million in net inflows in the second quarter, up from $174.8 million in the first quarter, according to a Blockworks analysis. Quarterly net inflows have continued since U.S. spot XRP ETPs launched in November 2025, but XRP fell 19.9% in the second quarter to $1.04, pulling ETP assets under management down 17.1% to $1.99 billion from $2.4 billion. Spot and perpetual futures trading volumes for XRP on centralized exchanges also dropped 53.5% and 44%, respectively. XRP Ledger payment volume totaled 41.07 billion XRP, little changed from a year earlier but down 26.6% from the previous quarter, while total transactions and daily average active addresses fell 6.5% and 10.7%, respectively.