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Which ETFs recorded XRP launch inflows?

Published 342 words 2 min read

TLDR

All four US spot XRP ETFs recorded net inflows at launch: Grayscale (GXRP), Franklin Templeton (XRPZ), Bitwise (XRP), and Canary Capital (XRPC).

  1. Grayscale GXRP: about $67.4 million on day one, per a market report from The Block day-one flows.
  2. Franklin Templeton XRPZ: about $62.6 million on day one, cited alongside peers in coverage of the launch Franklins first-day flows.
  3. Bitwise XRP and Canary XRPC: roughly $105 million and $245 million on their respective first days Bitwise day one, Canary debut.

Deep Dive

1. Grayscale GXRP

Grayscales GXRP launched on NYSE Arca and drew about $67.4 million in day-one net inflows, indicating solid initial demand for regulated XRP exposure day-one flows. Grayscale framed the listing as expanding access to XRPs ecosystem, with additional product details disclosed around launch timing and structure launch note.

What this means

Early institutional interest was real on launch day. If you track adoption, monitor whether inflows persist beyond the promotional period.

2. Franklin Templeton XRPZ

Franklin Templetons XRPZ also launched on NYSE Arca and recorded about $62.6 million in first-day inflows, in line with peer GXRP Franklins first-day flows. Franklin highlighted XRPs role in settlement infrastructure when announcing the product launch overview.

What this means

Parallel inflows across two large issuers suggest broad allocator interest, not just a single-fund effect. Sustained flows would matter more than a strong debut.

3. Bitwise and Canary XRPC

Earlier launches also drew sizable debuts. Bitwises XRP ETF saw about $105 million in first-day inflows Bitwise day one. Canary Capitals XRPC posted roughly $245 million on its debut, the largest single-day inflow among the group at launch Canary debut. When Grayscale and Franklin joined, the XRP ETF cohort added about $164 million in a single day across funds same-day cohort flows.

What this means

The launch window showed strong appetite across issuers, but leadership rotated by day. For durability, watch cumulative net flows rather than one-day spikes.

Conclusion

Answer: Grayscale GXRP, Franklin Templeton XRPZ, Bitwise XRP, and Canary XRPC all recorded net inflows at launch. The initial spike confirms demand for regulated XRP exposure, but the signal to watch now is whether inflows persist as promotions fade and broader market conditions evolve.

Educational information only. Crypto markets are volatile and this is not financial advice.


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