XRP ETFs Record $643 Million in Net Inflows in First Month as Demand Surges
- XRP ETFs gathered $643.92 million in net inflows during their debut month, with steady daily inflows across issuers.
- Total ETF assets reached $676.49 million, capturing 0.50% of XRP’s market cap despite volatile market conditions.
- Grayscale, Franklin Templeton, Bitwise, and Canary drove strong trading activity as institutional demand continued to rise.
XRP spot ETFs recorded $643.92 million in cumulative net inflows during their first month of trading, according to SoSoValue data. The products also reached $676.49 million in total net assets, capturing 0.50% of XRP’s market capitalization.
Daily inflows remained positive for most of the month. The strongest sessions included $243.05 million on November 14 and $164.04 million on November 24.
Trading Volume Resilient Despite XRP Price Volatility
The leading issuers—Grayscale, Franklin Templeton, Bitwise, and Canary—collectively drove steady inflows across US exchanges.
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Together, the four funds brought ETF-held XRP above 0.5% of total circulating supply, indicating early institutional interest.
The ETFs generated a total value of $38.12 million in trading on November 26 alone. Trading volumes earlier in the month were higher, coinciding with large inflow spikes.
However, XRP’s market price remained volatile. The token traded around $2.23 as ETF demand offset wider crypto-market weakness.
Meanwhile, other major asset managers are looking to enter the XRP ETF race. 21Shares is expected to launch its spot ETF on Monday as WisdomTree’s application remains under review.
Early Signs Point to Sustained Institutional Demand
ETF inflows increased on nine of the past ten sessions. The most recent daily total showed $21.81 million entering XRP ETFs on November 26.
This inflow streak suggests institutions are still building exposure. It also reduces liquid supply on exchanges, as ETF custodians move XRP into regulated storage.
Franklin Templeton disclosed 32.04 million XRP held in its ETF by November 25, signalling continued accumulation.
This steady inflow pattern in the first month is positive for new crypto ETFs and reflects improved regulatory clarity for XRP products.
Meanwhile, XRP wasn’t the only altcoin to receive an ETF greenlight over the past week. Dogecoin, HBAR, and Litecoin spot ETFs also started trading earlier this month.
However, these funds did not receive any notable interest from institutional investors. Bitwise and Grayscale’s DogeCoin ETF only attracted around $2 million in inflows in their first 48 hours of trading.
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