Spot XRP Exchange-Traded Funds (ETFs) started the week surpassing most crypto-based investment products after the record debut performance of Grayscale and Franklin Templeton\u2019s funds.<\/p>\n
This week, the second batch of spot XRP ETFs went live, debuting with a record-breaking performance. Notably, Grayscale and Franklin Templeton launched their XRP-based investment products, recording over $60 million in net inflows each during their first day.<\/p>\n
On Monday, Franklin Templeton debuted the new XRPZ ETF on NYSE Arca, highlighting<\/a> that \u201cits established utility in facilitating cross-currency settlement has made XRP a central component of the growing digital payments ecosystem.\u201d<\/p>\n Moreover, Grayscale followed the same path as with its other existing crypto-based private trusts, converting its XRP fund into the publicly traded GXRP ETF. In a significant achievement, both funds broke Canary Capital\u2019s XRPC record as the biggest ETF debut of 2025.<\/p>\n As reported<\/a> by NewsBTC, Canary Capital launched the first single-token XRP spot ETF on November 13, smashing the initial expectations of multiple experts. After clearing the last regulatory hurdles, XRPC debuted on Nasdaq with a total volume of $58 million.<\/p>\n Ahead of its launch, senior ETF analysts predicted that the fund could surpass Bitwise\u2019s BSOL, which previously held this achievement. After the first 30 minutes, XRPC surprised market observers with $26 million in volume, suggesting strong initial demand.<\/p>\n Meanwhile, BSOL recorded an impressive volume of $10 million in the first 30 minutes of trading, surging to $33 million by the half-day mark. The investment product closed its debut with $57 million in volume, beating all 900 other launches of the year.<\/p>\n According to SoSoValue data<\/a>, Franklin\u2019s XRPZ and Grayscale\u2019s GXRP saw an impressive $62.6 million and $67.4 million on their launch day, surpassing Canary\u2019s XRPC record and becoming the best debuts of any ETFs in 2025 so far.<\/p>\n Besides the remarkable launch of Grayscale and Franklin Templeton\u2019s investment funds, the XRP ETF category\u2019s performance surpassed that of other leading ETFs on Monday, including those based on the largest cryptocurrencies by market capitalization, Bitcoin (BTC), Ether (ETH), and Solana<\/a> (SOL).<\/p>\n Canary Capital\u2019s XRPC and Bitwise\u2019s XRP ETF brought in $16.4 million and $16.4 million, respectively, amounting to a total of $164 million in net inflows for the whole category on November 24.<\/p>\n This performance was followed by ETH ETFs, which recorded $96.6 million in inflows, led by BlackRock\u2019s ETHA. Solana-based funds came third with $58 million in positive net flows, extending their 20-day streak with a total of $568 million in inflows, according to Farside Invest data<\/a>.<\/p>\n Notably, spot\u00a0XRP ETFs have seen cumulative net inflows of $586.8 million, registering an eight-day positive streak and surpassing the total inflows of SOL ETFs.<\/p>\nXRP ETFs Steal The Spotlight<\/h2>\n