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XRP News Today: XRP Stands Strong Amid Crypto Downturn as ETFs Attract Unprecedented Investments

XRP News Today: XRP Stands Strong Amid Crypto Downturn as ETFs Attract Unprecedented Investments

Bitget-RWA2025/11/24 20:52
By:Bitget-RWA

- XRP surged 8% to $2.03 as Franklin Templeton's XRPZ ETF and Grayscale's GXRP ETF launched, signaling institutional confidence in the cryptocurrency. - XRP-focused ETFs attracted $422M in inflows since November, outperforming Bitcoin and Ethereum amid broader crypto market volatility. - Franklin Templeton's XRPZ offers 0.19% fee waivers up to $5B and daily liquidity, while Grayscale's GXRP provides zero fees for three months. - XRP's growth is attributed to cross-border payment utility and Ripple's $2.7B

XRP jumped by more than 8% over the last day, reaching close to $2.03, following the launch of Franklin Templeton's

exchange-traded fund (ETF) and regulatory clearance for Grayscale's (GXRP). These introductions highlight increasing institutional trust in , with experts predicting strong capital inflows and a possible transformation in the crypto ETF sector .

Franklin Templeton's XRPZ, designed as a grantor trust that holds XRP tokens, seeks to give investors regulated access to the asset, along with daily liquidity and transparency

. The fund waives its 0.19% sponsor fee on the first $5 billion in assets through mid-2026, making it a competitively priced choice for institutional clients . Analyst Chad Steingraber projected that trading volume on the first day could hit $30 million, fueled by new investments rather than pre-existing liquidity .

This ETF launch comes after a series of XRP-centric offerings, such as Bitwise's and Canary Capital's spot XRP ETFs, which have

in net new investments since November 14. Despite recent turbulence in the crypto sector, XRP ETFs have outperformed their and peers, which together experienced $1.7 billion in outflows . Canary Capital's , the first spot XRP ETF in the U.S., attracted $250 million on its opening day, setting a new record for 2025 launches .

XRP's latest price surge stands out against the broader market downturn, as the token brought in $89.3 million in net inflows last week, while Bitcoin and Ethereum saw notable outflows

. Analysts link this divergence to XRP's role in international payments and Ripple's investments in infrastructure, including $2.7 billion spent on custody and stablecoin acquisitions . "XRP serves as a core component in global settlement systems," stated Roger Bayston, Franklin Templeton's digital assets lead .

Recent regulatory changes have further propelled XRP's momentum. The U.S. Securities and Exchange Commission (SEC) has approved the Bitwise 10 Crypto Index ETF, which allocates 4.97% to XRP

. At the same time, Grayscale's and Dogecoin Trust ETF (GDOG) debuted on NYSE Arca, with GXRP offering no management fees for the first three months . These regulatory green lights point to a broader acceptance of crypto assets, though the sector remains risky due to price swings and ongoing compliance issues .

Looking forward, the ETF market may see heightened rivalry between single-asset and index-based products. Although institutional interest in XRP is rising, larger economic trends—such as Federal Reserve policies—are expected to shape overall market direction

. For now, XRP's strong showing highlights its expanding significance as a regulated, utility-focused asset within the evolving crypto landscape.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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