Spot XRP ETFs draw nearly $1B and Franklin Templeton Says XRP Is Entering Its ‘Institutional Breakout Phase’

Spot XRP ETFs have accumulated nearly $1 billion in cumulative inflows within weeks of launch and have locked more than 400 million XRP. On December 4 the ETFs recorded $12.84M in net inflows (Franklin Templeton XRPZ $5.70M; Bitwise $3.76M) and $28.8M in total daily volume across issuers. Early issuers Canary, Bitwise and Franklin Templeton led growth (Canary ~$245M net inflows; Bitwise ~$105M early inflows). New offerings and approvals cited include 21Shares’ TOXR and a 2x leveraged XRP ETF from REX/Tuttle. The story notes a shift of capital from BTC and ETH into XRP ETFs despite XRP trading near $2.15 (down ~31% over two months) and mentions Ripple’s regulated RLUSD stablecoin and institutional interest as demand drivers.
AI Analysis
Nearly $1B of cumulative inflows and >400M XRP locked in weeks, specific daily net inflow and volume figures for Dec 4, and leading fund inflow tallies (Canary, Bitwise, Franklin) are concrete fund-flow facts that plausibly increase buying pressure on XRP and outpace early BTC/ETH ETF uptake.