The post XRP ETFs in Canada Hit $285M AUM With 100M XRP Holdings appeared first on Coinpedia Fintech News

The XRP community on Reddit is buzzing with excitement after a post by Pitiful-Estimate-949 highlighted just how fast Canadian spot XRP ETFs are growing. While many in the crypto space are still focused on Bitcoin and Ethereum ETFs, XRP quietly scored a big win north of the border. In just two months since launch, Canada’s three spot ETFs have already scooped up nearly 100 million XRP, showing a level of demand that even surprised long-time supporters.

Canadian XRP ETFs Hold 96 Million Tokens

The post by Reddit user Pitiful-Estimate-949 pointed out that the three funds combined hold 96,105,909 XRP, with assets totaling CAD $285

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One Reddit user summed up the scenario: “If this is what Canada can do, imagine Wall Street. XRP ETFs in the U



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FAQs

How much XRP do Canadian spot ETFs hold?

Canada’s three spot XRP ETFs hold 96.1M XRP worth about CAD $285M.

How are these spot ETFs different from futures-based ETFs?

Spot ETFs hold the actual underlying asset, in this case, real XRP tokens. Futures-based ETFs, in contrast, hold contracts that bet on the future price of the asset.

What could a U.S. spot XRP ETF mean for the market?

Based on the Canadian experience, many in the XRP community believe a U.S. spot XRP ETF would lead to a massive influx of capital, similar to the impact seen with Bitcoin ETFs.