XRP ETFs Outshine BTC, ETH, SOL Funds With $164M | XRP News
Spot XRP Exchange-Traded Funds (ETFs) began the week surpassing most crypto-based investment merchandise after the report debut efficiency of Grayscale and Franklin Templeton’s funds.
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GXRP, XRPZ See Record Debut
This week, the second batch of spot XRP ETFs went dwell, debuting with a record-breaking efficiency. Notably, Grayscale and Franklin Templeton launched their XRP-based investment merchandise, recording over $60 million in web inflows every during their first day.
On Monday, Franklin Templeton debuted the new XRPZ ETF on NYSE Arca, highlighting that “its established utility in facilitating cross-currency settlement has made XRP a central component of the growing digital payments ecosystem.”
Moreover, Grayscale adopted the identical path as with its different current crypto-based non-public trusts, changing its XRP fund into the publicly traded GXRP ETF. In a vital achievement, each funds broke Canary Capital’s XRPC report as the largest ETF debut of 2025.
As reported by NewsBTC, Canary Capital launched the primary single-token XRP spot ETF on November 13, smashing the initial expectations of a number of consultants. After clearing the final regulatory hurdles, XRPC debuted on Nasdaq with a complete quantity of $58 million.
Ahead of its launch, senior ETF analysts predicted that the fund may surpass Bitwise’s BSOL, which beforehand held this achievement. After the primary half-hour, XRPC shocked market observers with $26 million in quantity, suggesting sturdy initial demand.
Meanwhile, BSOL recorded an spectacular quantity of $10 million within the first half-hour of trading, surging to $33 million by the half-day mark. The investment product closed its debut with $57 million in quantity, beating all 900 different launches of the 12 months.
According to SoSoValue information, Franklin’s XRPZ and Grayscale’s GXRP noticed an spectacular $62.6 million and $67.4 million on their launch day, surpassing Canary’s XRPC report and changing into the best debuts of any ETFs in 2025 thus far.
XRP ETFs Steal The Spotlight
Besides the exceptional launch of Grayscale and Franklin Templeton’s investment funds, the XRP ETF class’s efficiency surpassed that of different main ETFs on Monday, together with these primarily based on the biggest cryptocurrencies by market capitalization, Bitcoin (BTC), Ether (ETH), and Solana (SOL).
Canary Capital’s XRPC and Bitwise’s XRP ETF introduced in $16.4 million and $16.4 million, respectively, amounting to a complete of $164 million in web inflows for the entire class on November 24.
This efficiency was adopted by ETH ETFs, which recorded $96.6 million in inflows, led by BlackRock’s ETHA. Solana-based funds got here third with $58 million in optimistic web flows, extending their 20-day streak with a complete of $568 million in inflows, in accordance with Farside Invest information.
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Notably, spot XRP ETFs have seen cumulative web inflows of $586.8 million, registering an eight-day optimistic streak and surpassing the overall inflows of SOL ETFs.
On the opposite, Bitcoin ETFs registered the worst efficiency among the many main cryptocurrency funds. The investment merchandise continued their uneven November efficiency, beginning the week with $151 million in outflows, led by BlackRock’s IBIT.
As of this writing, XRP is trading at $2.18, a 1.6% decline within the day by day timeframe.
Featured Image from Unsplash.com, Chart from TradingView.com
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