According to recent data, an initial investment of $1,000 in the world's first spot XRP ETF, launched on April 25, 2025, now has a value of approximately $457, reflecting a significant loss of about 54.3%.

Brazil’s Hashdex Nasdaq XRP Fundo de Índice (XRPH11) debuted as the first regulated spot XRP exchange-traded fund (ETF) with around $40 million in assets under management at launch. As of July 3, 2026, the ETF traded at 9.14 Brazilian reals, equivalent to $1.74 per share, indicating a drastic decline since its inception.

Performance Overview

The ETF has experienced a challenging performance trajectory. After initially increasing in value following its launch, XRPH11 has seen a prolonged downtrend, ending the last year down by 53.77% and suffering a 43.23% decline over the past six months. Currently, assets under management have decreased to nearly $22 million to $25 million.

Market Impact

The relatively small size of XRPH11 has limited its impact on the wider XRP market. At the time of XRPH11's launch, Brazil's crypto ETF sector accounted for less than 1% of global crypto exchange-traded product assets, which reduced its ability to significantly influence XRP prices.

In contrast, the launch of spot XRP ETFs in the United States in November 2025 has resulted in a considerable shift. Currently, there are seven active U.S. spot XRP ETFs managing approximately $1.05 billion in assets, collectively holding nearly 971 million XRP tokens, impacting about 0.97% of XRP's circulating supply.

Investment Trends

Since their inception, U.S. XRP ETFs have attracted over $1.4 billion in net inflows, with the month of May 2026 alone bringing in $118 million. Additionally, Canada has joined the trend, offering regulated XRP investment products like the Purpose XRP ETF, which launched in June 2025 and currently manages about 72 million Canadian dollars.

Despite these institutional advancements and increased market participation, XRP's price has generally remained in a constrained range between $1.15 and $1.40 in recent months. At the time of this report, XRP was trading at $1.14, reflecting a 1% increase over the last 24 hours and an 8.5% rise over the past week.