XRP Spot ETF Market Records $1.8B in Weekly Activity, Bitwise Leads Institutional Push

The XRP spot ETF landscape witnessed significant capital reallocation last week, with net inflows totaling $1.8446 million across major platforms, as reported by ChainCatcher. The market dynamics reveal a clear divergence among providers, with some institutions accumulating positions while others trimmed exposure to the Ripple-backed asset.

Bitwise Spearheads Growth Among XRP Spot Offerings

Bitwise’s XRP ETF dominated the inflow performance, pulling in $2.5213 million to lead competitors with the strongest institutional demand. The fund has now accumulated $364 million in historical net inflows, establishing itself as the preferred vehicle for spot XRP exposure. This commanding position suggests that Bitwise’s product design and competitive fee structure have resonated strongly with capital allocators seeking XRP market participation.

Franklin Maintains Solid Momentum in Secondary Position

Franklin’s XRPZ offering demonstrated respectable institutional adoption with weekly inflows of $1.5296 million. The fund’s historical total has reached $330 million, positioning it as a credible alternative in the expanding XRP ETF ecosystem. While trailing Bitwise, Franklin’s consistent performance indicates sustained investor interest in diversified spot ETF options.

Grayscale Faces Headwinds in Market Consolidation

The Grayscale XRP Trust GXRP experienced notable redemptions, recording outflows of $2.2062 million during the period. Despite the weekly pullback, the fund maintains a respectable historical net inflow position of $129 million, suggesting that repositioning rather than fundamental loss of confidence drove the recent outflows.

Market Maturation Signals Growing Institutional Legitimacy

The combined XRP spot ETF market has grown substantially, with total net assets reaching $1.02 billion. The cumulative historical inflow of $1.23 billion demonstrates the asset class’s maturation, while the 1.18% ETF net asset ratio relative to XRP’s total market capitalization indicates that spot-based institutional vehicles remain an important but still-developing segment of the broader XRP ecosystem.