Grayscale and Franklin Templeton’s new U.S. spot XRP exchange-traded funds both witnessed over $60 million in net inflows on their first day of trading via NYSE Arca on Monday, outshining other crypto ETFs.
Grayscale’s GXRP, which converted into an ETF from a closed-end trust, saw $67.4 million in net inflows, while $1.5 trillion asset management giant Franklin Templeton’s new XRPZ ETF attracted $62.6 million, according to SoSoValue data.
Combined with the $16.4 million and $17.7 million brought in by Canary Capital’s XRPC and Bitwise’s XRP funds, the category saw a total of $164.1 million worth of net inflows for the day.
Since launching on Nov. 13, the pure spot XRP ETFs have registered cumulative net inflows of $586.8 million and have yet to witness any daily outflows.
Franklin Templeton Head of ETF Product and Capital Markets, David Mann, described XRP as a digital asset that “plays a foundational role in global settlement infrastructure.” Notably, however, BlackRock has sat out on XRP and other new crypto ETFs, seemingly preferring to focus on its dominant Bitcoin and Ethereum funds, at least for now.
XRP gained around 8.6% on Monday amid a broad rebound across the crypto market and is currently trading for $2.20, according to The Block’s XRP price page.
XRP ETFs outshine BTC, ETH, and SOL flows
In comparison, the U.S. spot Bitcoin ETFs slumped back to net outflows of $151.1 million on Monday, spot Ethereum ETFs attracted net inflows of $96.6 million, and spot Solana ETFs brought in $58 million — extending their positive streak since debut to 20 days, totaling $568.3 million.
Grayscale also launched the first pure spot DOGE ETF in the U.S. on Monday, though it witnessed zero flows for day one, per SoSoValue.
“Some (many) might laugh, but I actually view this as a highly symbolic launch,” NovaDius President Nate Geraci said on X, referencing the DOGE ETF launch. “IMO, best example of *monumental* crypto regulatory shift over the past year. Btw, GDOG might already be a top 10 ticker symbol for me.”
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
