On November 29, 21Shares will introduce its XRP Spot ETF (TOXR), expanding the roster of institutional-grade investment options for XRP and marking a significant development in the asset’s acceptance among major financial players. This ETF, which directly tracks XRP’s market price, provides investors with a regulated and transparent way to gain exposure to the cryptocurrency, setting itself apart from futures-based alternatives.
The debut of TOXR comes after regulatory green lights for similar products from industry leaders like Franklin Templeton and Grayscale. This trend highlights the growing integration of digital assets into traditional financial systems, as more mainstream institutions embrace cryptocurrencies.
XRP’s renewed momentum follows the conclusion of its prolonged legal dispute with the U.S. Securities and Exchange Commission (SEC). The $125 million settlement reached in August 2025 removed a significant obstacle, paving the way for a surge in ETF launches. Franklin Templeton’s XRPZ ETF and Grayscale’s GXRP Trust, both of which began trading on NYSE Arca in late November, have already attracted substantial capital—XRPZ saw $179.6 million in weekly inflows, while GXRP recorded $164 million in a single day. Bitwise’s XRP ETF, which launched earlier in November, added $118 million in assets, underscoring the asset’s growing appeal.
The pace of investment in XRP ETFs has exceeded expectations, with total inflows reaching $587 million since late October—outpacing Solana’s $568 million in a shorter period. This rapid growth is partly driven by aggressive fee incentives, such as Franklin Templeton’s 0.19% sponsor fee (waived on the first $5 billion in assets) and Grayscale’s three-month fee waiver. These measures have helped position XRP as a favored alternative asset among institutional investors, who increasingly view it as a cornerstone for global settlement solutions.
XRP’s influence in the market has become more pronounced, with the token climbing 8–9% after the ETF launches, surpassing the $2 mark and testing previous resistance levels. Blockchain data reveals that ETFs are absorbing between $50 million and $100 million in daily inflows, creating steady demand that could help stabilize prices. Analysts point out that this sustained demand differs from Solana’s experience, where ETF inflows have softened but not reversed a significant price drop.
The momentum is further supported by new offerings. CME Group has announced it will introduce spot-quoted XRP and Solana futures on December 15, providing lower-margin trading options that cater to institutional needs. These derivatives, alongside ETFs, offer a comprehensive suite of tools for risk management and portfolio diversification, reinforcing XRP’s growing role in mainstream finance.
As of November 26, institutional adoption of XRP is gaining speed. With four major ETFs now available and the potential for $33.6 billion in annual inflows, XRP is poised to strengthen its position within the digital asset landscape. Nevertheless, challenges remain, including regulatory uncertainties in markets outside the U.S. and the inherent volatility of cryptocurrencies. For now, the combination of regulatory progress, institutional innovation, and competitive pricing signals that XRP is entering a new era of widespread acceptance.