XRP (XRP) jumped by 8% to reach $2.08 on November 24, 2025, after newly introduced exchange-traded funds (ETFs) attracted $164 million in new investments, marking a significant milestone for the world's third-largest digital asset. This price surge
came on the heels of
the launch of Franklin Templeton’s
XRPZ
and Grayscale’s
GXRP
ETFs, which started trading on Robinhood and NYSE Arca, respectively. Alongside Bitwise’s
XRP
ETF, these funds have attracted considerable interest from both institutional and retail investors, with XRP-centric funds
posting $179.6 million
in inflows just this week—standing in stark contrast to the $1.94 billion withdrawn from the broader crypto sector.
The introduction of these ETFs has sparked renewed discussion among investors regarding the best ways to gain exposure to XRP.
Industry specialists point out
that while ETFs provide ease of access and liquidity, they also involve management fees and do not grant direct ownership of the underlying asset. On the other hand, holding XRP directly allows for full use of the token and potentially lower long-term expenses, but comes with challenges such as custody risks and tax considerations.
Supporters of
XRP’s core value believe that the recent 45% drop from its highs is exaggerated, referencing increased institutional participation and the development of regulated trading platforms.
Grayscale’s GXRP ETF, which launched on NYSE Arca with an introductory 0% fee, has already
accumulated $423 million
in total inflows as of November 21. The fund currently holds more than 6 million XRP tokens and
reflects a growing pattern
of asset managers transforming private trusts into public ETFs to satisfy the demand for alternative cryptocurrencies. Other players like Franklin Templeton and Bitwise have also entered the market, with Bitwise’s XRP ETF
attracting $11 million
in daily inflows on November 21. CME Group
revealed intentions
to introduce spot-based XRP and
Solana
(SOL) futures on December 15, aiming to equip institutional investors with new hedging options as ETF activity increases.
Current market trends indicate that XRP’s ETF-fueled momentum could continue.
Crypto analyst Zach Rector
, outlined scenarios in which ETF inflows might propel XRP’s price to between $40 and $168, drawing on Bitcoin’s post-ETF performance as a reference. By applying a 46-fold market cap increase seen in Bitcoin’s ETF rally, Rector
estimated that $50 billion
in ETF investments—potentially achievable over several years—could push XRP into the triple-digit price range. These forecasts are further supported by JPMorgan and Canary Capital, who expect initial inflows of $4–10 billion within the first few months.
Nevertheless, volatility remains a concern. Despite the positive sentiment around ETFs,
XRP’s value dropped 8%–9%
after Canary Capital’s XRPC ETF debuted, drawing in $250 million on November 13. This downturn underscored the fragile balance between new inflows and liquidations in the derivatives market, with
28 million XRP positions
closed within the first day. Analysts attribute the decline to profit-taking and broader corrections in the crypto market, also noting that
Bitcoin
ETFs experienced $3.1 billion in outflows this month as retail traders pulled back.
The landscape for XRP ETFs is still developing.
With CME’s futures products
and new ETFs from companies like Leverage Shares entering the market, XRP’s appeal to institutional investors is growing. However, obstacles such as regulatory ambiguity and the necessity for ongoing inflows to offset periodic withdrawals persist. For now, XRP’s recovery from major support levels and the $164 million ETF inflow point to increasing confidence in its place within diversified crypto portfolios.
