U.S. spot XRP exchange-traded funds collectively held approximately 1.13 billion XRP worth $1.68 billion as of Sept. 29, marking the first time the category surpassed 1 billion tokens, according to holdings data from Maketo. Their dollar value rose from about $1.44 billion a month earlier, a gain of roughly 16.6%. The milestone reflects growing institutional participation since U.S. spot XRP products launched, although Bitcoin and Ethereum funds remain substantially larger. U.S. Bitcoin ETFs held around 1.29 million BTC worth roughly $108 billion, while BlackRock’s IBIT alone held more than 800,000 BTC. Spot Ethereum products held several million ETH and tens of billions of dollars, depending on the tracker methodology. XRP ETFs have occasionally recorded stronger daily flows than Bitcoin and Ethereum funds, including periods when the larger categories posted withdrawals, but they have not approached comparable scale. Coinpaper previously reported that seven U.S. spot XRP ETFs held around 1.1 billion XRP despite weakness in the token’s price. Bitwise’s XRP ETF later reported more than $600 million in assets. The fund structure includes Coinbase Custody and BNY Mellon.