XRP News Today: XRP ETFs Bridge Crypto-Traditional Finance Divide

The New York Stock Exchange (NYSE Arca) has approved the listing of the Franklin Templeton XRP Spot ETF (XRPZ), marking a significant milestone for XRP as it gains regulated access to U.S. markets. The ETF, which charges an annual fee of 0.19%, will waive fees for the first $5 billion in assets until May 31, 2026, a move aimed at attracting institutional and retail investors. This approval follows a surge in crypto ETF activity, with the NYSE also greenlighting Grayscale's XRP and Dogecoin (DOGE) ETFs, which are set to launch on November 24, 2025 under tickers GXRP and GDOG.

With the rise of XRP spot ETFs, the cryptocurrency is gaining broader recognition and accessibility in traditional investment portfolios. These ETFs provide a regulated avenue for investors to gain exposure to XRP without directly handling the underlying digital asset. The growing institutional interest in XRP is further fueled by the potential for reduced circulating supply and price appreciation, which many analysts believe could be driven by ETF inflows.

The XRP ETF landscape is rapidly expanding, with multiple issuers entering the fray. Canary Capital's XRPC ETF, the first U.S. XRP spot ETF, garnered $250 million in inflows on its debut in early November. Bitwise, 21Shares, and WisdomTree have since launched competing products, while Amplify's XRPM ETF offers a 3% monthly yield according to CoinPaprika. Analysts predict strong demand for these funds, with JPMorgan estimating $4–8 billion in cumulative inflows for XRP ETFs in their first year according to CoinFomania. Such inflows could reduce XRP's circulating supply and drive long-term price appreciation, particularly as institutional investors seek diversified exposure to crypto assets.

The regulatory environment has shifted dramatically, enabling this wave of approvals. The SEC's September 2025 guidance on digital-asset ETFs removed a decade-long bottleneck, allowing multi-asset crypto ETFs to list without bespoke approvals. This framework has already facilitated listings for Bitcoin and Ethereum spot ETFs, and now extends to altcoins like XRP and DOGE. Grayscale's conversion of its XRP trust into an ETF structure highlights this trend, offering investors a familiar vehicle to access the fourth-largest cryptocurrency.

Market reactions have been mixed. While XRP ETFs are expected to boost liquidity and legitimacy, the token has declined by ~18% since November 1, according to CoinGecko. Analysts attribute this to short-term profit-taking ahead of ETF launches rather than fundamental weakness. Eric Balchunas, a senior ETF analyst at Bloomberg, noted that institutional demand often causes delayed price surges, citing Bitcoin's post-ETF trajectory as a precedent.

The approvals also signal broader institutional adoption. Franklin Templeton's XRPZ ETF, with its fee waiver and custodial partnerships (Coinbase as primary custodian), is positioned to attract billions in assets. The firm's influence across 13,000 advisory firms could accelerate mainstream XRP adoption, while Grayscale's $35 billion in assets under management provides further credibility. Meanwhile, DOGE's transition to an ETF format underscores its growing acceptance beyond its meme origins, with derivatives volume surging 30% ahead of the launch.

As the U.S. crypto market matures, these ETFs represent a bridge between speculative digital assets and traditional finance. With XRP now accessible via regulated vehicles, the focus shifts to inflow patterns and long-term demand. For now, the NYSE's approvals have set the stage for what analysts call "the most significant growth period of XRP".