XRP News Today: XRP ETF Surpasses Rivals as Investor Inflows Signal Market Shift
The XRPXRP-- ETF market has erupted into a high-stakes race, with Canary Capital's XRPCXRPC-- fund surging past all rivals to claim dominance in a crowded field. XRPC's assets under management (AUM) surpassed $336 million, outpacing the combined total of every other U.S. spot XRP ETF, a feat that has left issuers scrambling to recalibrate their strategies. This rapid ascent, driven by concentrated investor inflows of $9.07 million in a single day, underscores a shift in market dynamics where capital is no longer dispersing across multiple products but consolidating into a clear leader. Canary Capital CEO Steve McClurg emphasized that the gap reflects a "validation of where investor demand is heading," highlighting the product's ability to capture attention amid broader crypto market volatility according to reports.
The surge in XRPC's popularity coincides with a wave of institutional-grade XRP ETF launches. Franklin Templeton's XRPZXRPZ-- and Grayscale's GXRPGXRP-- debuted with a combined $164 million in first-day inflows, pushing total XRP ETF AUM to $628 million across four products. These figures, the second-largest single-day inflows since the ETFs' launch, signal growing acceptance of XRP as a regulated asset class. Franklin Templeton's XRPZ, offering a 0.2% sponsor fee waived until May 2026, has positioned itself as a low-cost entry point, while Grayscale's GXRP led with $67.36 million in inflows. Bitwise and Canary Capital further solidified their roles, with the latter's XRPC reaching $306 million in total investments since its November 21 launch.
Market participants are also watching XRP's price trajectory closely. The token rebounded over 7% in 24 hours, reaching $2.19, and gained 24% week-to-date, recovering from a $1.81 monthly low. This resurgence aligns with ETF-driven institutional accumulation, as open interest in XRP futures hit $4 billion, reflecting fresh capital positioning in derivatives markets. Analysts like Chad Steingraber draw parallels to BitcoinBTC-- ETF growth, predicting XRP ETFs could see billion-dollar inflow days within months. "If we assume 12 active funds and $1 billion in daily inflows, that's just over $83 million per fund," he noted, projecting a potential absorption of 2.2 billion XRP in under a week.
The momentum shows no signs of slowing. With 21Shares and CoinShares preparing additional XRP ETFs, the market is bracing for further expansion. However, the current hierarchy-XRPC's unchallenged lead despite Bitcoin and EthereumETH-- dominating headlines-suggests a structural shift in investor behavior. As McClurg observed, "The hierarchy did not budge," and the pattern appears to be a trend rather than a temporary anomaly according to reports.
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