21Shares XRP ETF Assets Climb to $280M in Latest SEC Update

21Shares has filed a new prospectus supplement with the U.S. Securities and Exchange Commission for its spot XRP ETFs. The filing updates the fund’s financials and holdings for the third quarter of 2025. It shows clear growth in assets and value. The ETF trades in the U.S. under the ticker TOXR and gives investors direct exposure to XRP. The new numbers point to rising interest in regulated XRP products as the market enters 2026 with stronger demand for altcoin ETFs.

SEC Filing Shows Strong Asset Growth

The SEC filing shows that the fund’s total assets increased from about $220 million to $280 million over the reporting period. Net assets also climbed from roughly $219.8 million to $279.9 million. This marks a growth of around 27%. The ETF holds only XRP. It does not use futures or derivatives.

21Shares XRP ETF just filed its latest prospectus supplement (424B3) with the SEC ✅

📊 Includes updated financials and holdings for Q3 2025

📊 Q3 2025 vs previous:
Assets grew from $220M → $280M
Net assets: $219.8M → $279.9M
NAV/share: $20.94 → $27.99

💎 Shows strong $XRP… pic.twitter.com/2h001RP7Os

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) January 27, 2026

Instead, it tracks the spot price by holding the asset directly. Because of this, changes in the fund’s value mainly reflect changes in XRP’s market price and new capital coming into the product. This steady rise suggests that more investors are using the ETF to gain XRP exposure through a regulated structure.

NAV per Share Rises With XRP Price

The filing also shows a strong jump in the ETF’s net asset value per share. NAV increased from $20.94 to $27.99 during the same period. That is a rise of about 34%. This increase came mainly from XRP price appreciation during the quarter. As XRP moved higher, the ETF’s value followed closely. This confirms that the product tracks the token’s spot performance as intended. For investors, this matters because it shows the ETF works as a simple mirror of XRP’s market price, minus normal fees. It also shows that price gains in XRP can directly translate into higher ETF value.

Institutional Interest in XRP Keeps Building

The growth in the 21Shares XRP ETF fits into a wider trend. Several spot XRP ETFs are now live in the U.S., including products from Bitwise, Franklin, Canary and Grayscale. Together, these funds manage billions of dollars in assets. Recent flow data shows regular inflows into XRP ETFs even when BTC and ETH funds see outflows.

This shift highlights growing institutional interest in XRP as more than a speculative token. Since Ripple’s long running case with the SEC ended in 2025. Many large investors have treated XRP as a compliant digital asset with real use in payments and liquidity systems. 21Shares already runs multiple crypto ETFs across different markets. Its XRP fund now stands as one of the key vehicles for regulated XRP exposure in the U.S.

Outlook for XRP ETFs

The latest SEC update signals healthy momentum for XRP ETFs. Rising assets and higher NAV per share point to price strength and investor inflows. If this trend continues, XRP could see more liquidity move into ETFs rather than exchanges. That may help reduce selling pressure and support long term stability. Currently, the 21Shares filing sends a clear message. XRP demand is not fading. Instead, it is moving into regulated markets where institutions and retail investors can access it with more confidence.