XRP ETFs Outperform BTC, ETH, and SOL Funds with $164 Million in Single-Day Inflows

The recent surge in spot XRP Exchange-Traded Funds (ETFs) has exceeded the performance of other prominent cryptocurrency investment products, thanks to the impressive launches of Grayscale and Franklin Templeton’s XRP-based funds. This article covers their debut success and the resulting inflows, as well as a comparison of XRP ETFs with other leading cryptocurrencies.

Key Takeaways

Grayscale and Franklin Templeton launched new XRP ETFs, each gaining over $60 million in inflows on their first day.
The XRP ETF category has amassed a total of $164 million in net inflows recently, outperforming Bitcoin (BTC), Ether (ETH), and Solana (SOL) ETFs.
XRP ETFs have seen a cumulative inflow of $586.8 million over eight days.
Bitcoin ETFs, notably BlackRock’s IBIT, experienced significant outflows, indicating a contrasting performance compared to XRP ETFs.

Solana, XRP

Exciting Launch of New XRP ETFs

This week marked the launch of the second series of spot XRP ETFs, making waves in the cryptocurrency investment marketplace. Noteworthy among these are the newly introduced ETFs from Grayscale and Franklin Templeton, each showcasing a spectacular start with over $60 million in net inflows on their initial trading day.

On Monday, Franklin Templeton introduced the XRPZ ETF on NYSE Arca, emphasizing that “its established utility in facilitating cross-currency settlement has made XRP fundamental to the expanding digital payments landscape.”

Following suit, Grayscale transitioned its XRP fund to a publicly traded GXRP ETF, in a move similar to its other crypto private trusts. Both funds made history by surpassing the previous record set by Canary Capital’s XRPC as the top ETF debut of 2025.

According to NewsBTC, Canary Capital launched the first single-token XRP ETF, XRPC, on November 13, exceeding the expectations of many experts. When it debuted on Nasdaq, XRPC achieved a trading volume of $58 million after overcoming regulatory challenges.

Prior to its launch, ETF analysts speculated that the fund would outshine Bitwise’s BSOL, which previously held the record for most significant debut. Much to everyone's surprise, within the first 30 minutes of trading, XRPC hit $26 million in volume, indicating substantial initial interest.

In comparison, BSOL brought in $10 million within the same initial window, climbing to $33 million by midday. Ultimately, the BSOL investment product finished with $57 million in volume, leaving all other launches this year in its wake.

Data from SoSoValue reveals that Franklin’s XRPZ and Grayscale’s GXRP debut with remarkable inflows of $62.6 million and $67.4 million, respectively—surpassing the record set by Canary’s XRPC and marking them as the top ETF launch performances of 2025 thus far.

XRP ETFs Shine Amidst the Competition

The launch of Grayscale and Franklin Templeton’s ETFs stands out, but the XRP category as a whole has outperformed other sizeable ETFs on Monday. This includes the most prominent cryptocurrencies like Bitcoin (BTC), Ether (ETH), and Solana (SOL).

Canary Capital’s XRPC along with Bitwise’s XRP ETF each contributed $16.4 million, cumulatively accumulating $164 million in net inflows for the entire XRP ETF sector on November 24. Following this, ETH ETFs saw inflows of $96.6 million, with BlackRock’s ETHA taking the lead, while Solana-focused funds attracted $58 million, continuing their 20-day streak and totaling $568 million in inflows, according to data from Farside Invest.

It's important to note that the spot XRP ETFs have achieved cumulative net inflows of $586.8 million, marking an impressive eight-day positive streak that exceeds the total inflows reported for Solana ETFs.

Conversely, Bitcoin ETFs have performed the least well among leading cryptocurrency funds. In November, they have seen a shaky trend, starting the week with a significant $151 million in outflows, largely driven by BlackRock’s IBIT.

As of the time of this report, XRP is trading at $2.18, representing a 1.6% decrease in the daily timeframe.

XRP, XRPUSDT
XRP performance on the one-week chart. Source: XRPUSDT on TradingView