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XRP's $1.44 Billion ETF Complex: Is the Token Still Undervalued?

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Seven regulated spot XRP exchange traded funds (ETFs) now hold a combined $1.44 billion in assets under management, custodying approximately 773 million XRP tokens.

This figure represents only 1.9% of XRP's total market capitalization, compared to 6.5% for Bitcoin's spot ETF complex, which holds nearly $52 billion in cumulative net inflows.

The SEC and CFTC classified XRP as a digital commodity in March 2026, ending a legal cloud that had persisted since December 2020.

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