U.S. spot XRP ETFs attracted $307.87 million in cash inflows during Q3 2026, including $121.4 million in September, while combined net assets reached $1.69 billion by Sept. 28-29. Assets fell from $1.77 billion on Sept. 25 despite continued inflows because XRP declined from $1.66 on Sept. 23 to about $1.49, rather than because of investor redemptions. Bitwise and Franklin contributed $177.94 million and $90.64 million, respectively, during Q3; cumulatively since the products launched in late 2025, Bitwise led with about $677 million and Franklin Templeton’s XRPZ with roughly $501 million. The seven U.S. funds held about 1.18 billion XRP, or 1.18% of total supply. September remained below August’s more than $150 million inflow, while Ripple’s Oct. 1 escrow window could release up to 1 billion XRP.