Grayscale and Franklin Templeton’s newly launched XRP ETFs made a thunderous debut, each pulling in over $60 million in day-one inflows — a performance that outpaced the launch metrics of BTC, ETH, and SOL ETFs. In a week marked by ETF outflows and market volatility, XRP’s surge is more than a headline — it’s a signal.

Institutional Momentum Behind XRP

While Bitcoin ETFs bled billions and Ethereum struggled to hold narrative ground, XRP ETFs quietly flipped the script. The timing couldn’t be sharper: fee waivers, Kraken’s IPO filing, and renewed interest in crypto custody by U.S. banks created a perfect storm for XRP to shine.

Grayscale and Franklin Templeton are backing XRP with institutional-grade vehicles, and the $60M+ inflows each fund received on day one eclipsed the launch volumes of BTC, ETH, and SOL ETFs, according to The Block. This happened in a market where BTC was trading below $90K, the Fear & Greed Index sat at 14, and crypto ETFs saw a $3.5B bleed.

A Shift in Market Sentiment

This isn’t just about inflows — it’s about validation. XRP has long been a polarizing asset, often sidelined in institutional circles. But these ETFs suggest a shift in perception.

High inflows signal confidence and tradability. XRP is no longer the underdog — it’s becoming a portfolio staple. As one post put it, “Institutions unload bullets, retail just bought the ammo.”

Looking Ahead

With XRP ETFs trending across social platforms and outperforming legacy crypto ETFs, the question isn’t whether XRP is back — it’s how far it’ll go. Expect increased coverage, deeper liquidity, and possibly more ETF issuers joining the fray.