Spot XRP ETFs had a strong start this week, outperforming other crypto investment products following record-breaking launches by Grayscale (GXRP) and Franklin Templeton (XRPZ). Both ETFs recorded over $60 million in net inflows on their first trading day, surpassing previous records set by Canary Capital’s XRPC ETF.
Franklin Templeton launched XRPZ on NYSE Arca, highlighting XRP’s role in cross-currency settlement, while Grayscale converted its XRP private trust into the publicly traded GXRP ETF. The launches beat expectations and set a new benchmark for crypto ETF debuts in 2025.
Spot XRP ETFs have seen cumulative net inflows of $586.8 million, continuing an eight-day positive streak. This outpaced other major crypto ETFs, including Ether (ETH) and Solana (SOL), while Bitcoin ETFs faced outflows of $151 million.
As of Monday, XRP traded at $2.18, down 1.6% on the day.