The Grayscale and Franklin Templeton XRP ETFs had massive capital inflows on the first day of trading, as expected
- The Grayscale and Franklin Templeton XRP ETFs attracted over $120 million on their first day of trading.
- Canary Capital and Bitwise’s XRP ETFs also contributed to Monday’s inflows, raising $16.4 million and $17.7 million, respectively.
Grayscale and Franklin Templeton’s new US spot XRP exchange-traded funds saw strong inflows on their first day of trading on Monday. Grayscale’s GXRP attracted $67.4 million, while Franklin Templeton’s XRPZ ETF, according to SoSoValue grossed $62.6 million. Total inflows into the XRP ETF market reached $164.1 million.
Canary Capital’s XRPC and Bitwise’s XRP Fund also contributed to Monday’s inflows, raising $16.4 million and $17.7 million, respectively. These numbers reflect the growing appetite for XRP investment products. They have consistently attracted institutional and retail investors in the days following the November 13 launch of spot-only XRP ETFs.
Since lunch, investors have poured a total of $586.8 million into spot-only XRP ETFs without any withdrawals in a single day. This reflects a high level of trust and continued interest in XRP offerings among investors seeking alternatives to Bitcoin and Ethereum ETFs.
At press time, XRP was trading at $2.20, up 6.28% in 24 hours. The market capitalization is $133.08 billion and the trading volume is $6.37 billion. With 60.25 billion tokens in circulation, strong buying is keeping the price above $2.00.
XRP ETFs lead among crypto funds
US spot Bitcoin ETFs recorded net outflows of $151.1 million on Monday. Spot Ethereum ETFs recorded net inflows of $96.6 million. Spot Solana ETFs extended their 20-day positive streak by attracting $58 million in investments, bringing cumulative net inflows since inception to $568.3 million.
Grayscale also launched the first U.S. spot DOGE ETF on Monday, but it saw no inflows on its first day. “Some (many) may laugh, but I view this as a highly symbolic imposition,” said NovaDius President Nate Geraci.
“IMO, best example of the *monumental* crypto regulatory shift in the last year. Btw, GDOG might already be a top 10 ticker symbol for me.”
Launching tomorrow…
Grayscale Dogecoin ETF.
First ‘33 Act doge ETF.
Some (many) might laugh, but I actually view this as a highly symbolic launch.
IMO, best example of *monumental* crypto regulatory shift over past yr.
Btw, GDOG might already be top 10 ticker symbol for me. pic.twitter.com/f3JejjeYe4
— Nate Geraic (@NateGeraric) November 24, 2025
David Mann, Head of ETF Product and Capital Markets at Franklin Templeton Investments, described XRP as a digital asset that plays a fundamental role in the global settlement infrastructure. However, BlackRock did not participate in XRP ETFs and instead focused on Bitcoin and Ethereum ETFs.
In Germany, investors can trade cryptocurrencies via exchange-traded products that reflect XRP. Based in Germany, GXRP (ISIN DE000A3GYNB0) is fully physically collateralized and stored in cold wallets of regulated custodians. It is listed on Deutsche Börse’s Xetra. The Switzerland-based 21XP ETP (ISIN CH0454664043) also tracks XRP and offers an alternative for European investors with a total expense ratio of 2.50% per year.
No Comments