U.S. spot XRP ETFs have pulled in $1.44 billion since November 2025, but combined AUM has dropped from $1.65 billion to $1 billion as XRP’s 43% price decline eroded asset values despite steady inflows. Goldman Sachs holds $153.8 million across four XRP ETFs but 84% of XRP ETF assets still sit with retail investors, and BlackRock says it needs $3 billion in XRP ETF demand before filing. If the CLAR...