XRP Spot ETFs Record $4.74 Million Weekly Net Inflows Led by Franklin Templeton
AI Market Summary
SoSoValue data show XRP spot ETFs recorded $4.7439M of net inflows over Sep 28–Oct 2, led by Franklin Templeton’s XRPZ (+$4.065M weekly; $505M cumulative) and Canary’s XRPC (+$0.7809M weekly; $490M cumulative). Continued net creations indicate incremental institutional demand and improving liquidity in regulated wrappers, supporting near-term risk appetite around XRP-linked products.
Impact level
● Medium
Affected assets
XRP/USDT+1.44%
AI Insight · XRP/USDTAI Insight
▲ Bullish
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According to data from SoSoValue, XRP spot ETFs recorded a total of $4.7439 million in net inflows during the trading week spanning Sept. 28 to Oct. 2, Eastern Time. Franklin Templeton’s XRPZ emerged as the primary driver of this growth, securing $4.065 million in weekly net inflows and pushing its cumulative net inflow to a significant $505 million. Canary’s XRPC followed as the second-highest performer, capturing $780,900 in net inflows for the period, which brought its total cumulative net inflow to $490 million. These figures highlight a steady institutional interest in XRP-based investment products despite broader market volatility. The data underscores the competitive landscape between major asset managers as they vie for dominance in the burgeoning XRP exchange-traded fund sector.
