todayonchain.com

Grayscale and Franklin XRP ETFs each clock over $60 million in day-one inflows as group outshines BTC, ETH, and SOL funds

The Block
New Grayscale and Franklin Templeton XRP ETFs saw over $60 million in first-day inflows, leading the crypto ETF market.

Summary

Grayscale's GXRP and Franklin Templeton's XRPZ ETF both recorded net inflows exceeding $60 million on their debut trading day on Monday, significantly outperforming other newly launched crypto funds.

Combined with inflows from Canary Capital and Bitwise XRP funds, the XRP ETF category totaled $164.1 million in net inflows for the day. Since their launch on November 13, XRP ETFs have accumulated $586.8 million in net inflows without any daily outflows. Franklin Templeton highlighted XRP's foundational role in global settlement infrastructure.

In contrast, U.S. spot Bitcoin ETFs experienced net outflows of $151.1 million on Monday, while spot Ethereum ETFs saw $96.6 million in inflows, and spot Solana ETFs attracted $58 million. Grayscale also launched a spot DOGE ETF, which saw zero flows on its first day.

(Source:The Block)