XRP ETFs Surpass BTC ETH SOL Counterparts With Impressive Launch Day Totals

TLDR

• XRP ETFs logged $164.1M total inflows Monday, beating BTC and ETH funds.

• Franklin Templeton’s XRPZ attracted $62.6M in day-one ETF trading.

• Grayscale’s GXRP ETF drew $67.4M, converting from its existing trust.

• XRP gained 8.6% Monday as ETF enthusiasm boosted market sentiment.

Franklin Templeton and Grayscale launched their spot XRP exchange-traded funds (ETFs) on Monday through NYSE Arca. The products, XRPZ and GXRP, attracted substantial investor attention, generating over $60 million in net inflows each during their first trading session.

Grayscale’s GXRP, a conversion from a pre-existing closed-end XRP trust, saw $67.4 million in inflows. Meanwhile, Franklin Templeton’s XRPZ brought in $62.6 million. Data from SoSoValue confirmed these inflow volumes, positioning both ETFs as day-one leaders across all crypto ETF products.

When combined with flows from Canary Capital and Bitwise XRP ETFs, the total net inflow for the category reached $164.1 million. These numbers surpassed the performance of spot Bitcoin, Ethereum, and Solana ETFs launched earlier this year.

XRP ETF Launch Outperforms Major Crypto Funds

Compared to the broader market, the XRP ETFs posted higher inflows on Monday than their Bitcoin, Ethereum, and Solana counterparts. Spot Bitcoin ETFs recorded net outflows of $151.1 million during the same period. In contrast, Ethereum ETFs pulled in $96.6 million, and Solana ETFs added $58 million in net inflows.

This disparity signals a shift in institutional and retail investor sentiment toward alternative digital assets like XRP. The XRP ETFs have now registered $586.8 million in combined net inflows since their first launches on November 13, without any single-day outflows so far.

Franklin Templeton Head of ETF Product and Capital Markets David Mann described XRP as a digital asset with a foundational role in global settlement infrastructure. Despite the attention, BlackRock has not yet launched an XRP ETF and continues to focus on Bitcoin and Ethereum exposure.

NYSE Trading Activity Reveals Strong Early Demand

On launch day, Franklin’s XRP ETF led early trading among the four XRP ETFs. Within the first 90 minutes, XRPZ recorded 283,102 shares traded, worth $6.47 million. Market analyst Chad Steingraber suggested that if early momentum held, afternoon activity could rise further.

The ETF’s initial trading pattern points to heightened investor interest and positions XRPZ as a focal point among new digital asset investment products. Franklin’s liquidity approach appears to have appealed to both institutional allocators and retail participants seeking easy exposure to XRP.

Grayscale’s GXRP also saw solid engagement, leveraging its existing crypto investor base. The fund’s conversion structure offered continuity for existing shareholders while expanding access for new entrants.

Broader Market Reactions and XRP Price Response

XRP itself responded positively to the ETF launches. On Monday, XRP posted a gain of approximately 8.6% as market optimism grew around the debut of regulated investment vehicles. XRP is currently priced at $2.20, according to CoinMarketCap.

Grayscale’s new DOGE ETF, launched on the same day, did not register any inflows. However, its existence was described by NovaDius President Nate Geraci as symbolic of a broader regulatory transformation in crypto investing.

As new inflows build momentum, XRP’s accessibility through mainstream brokerages and retirement accounts could lead to improved liquidity and broader adoption. ETF-based exposure continues to lower entry barriers, allowing investors to bypass traditional custody concerns.

The post XRP ETFs Surpass BTC ETH SOL Counterparts With Impressive Launch Day Totals appeared first on CoinCentral.