Total Number of XRPs Held on Exchanges Revealed$XRP
According to recent data, the top four exchanges (Upbit, Binance, Bithumb, and Uphold) control the vast majority of the exchange-held supply.
The combined market share of these four crypto giants stands at an enormous 80%. Together, they hold roughly 12.3 billion XRPs.
There is also a drop-off after fourth place. There is a 1.1 billion difference between Uphold and Bitbank.
XRP-friendly exchange
Uphold has historically positioned itself as an "XRP-friendly" exchange. It supported the asset during periods when other US exchanges delisted it due to SEC litigation. Hence, their high ranking is not even remotely surprising.
In fact, as reported by U.Today, XRP was the most traded cryptocurrency on the exchange. $
XRP ETF share
In the meantime, the share of the XRP supply controlled by exchange-traded products currently stands at only 1%. The percentage might not seem impressive, but these products have had successful launches.