XRP ETFs Spark Institutional Interest as Inflows Surpass Bitcoin Outflows

The launch of XRP exchange-traded fund products has witnessed substantial institutional capital flows, with analysts anticipating that inflows could exceed those seen during the recent surge in Bitcoin ETFs. Initial filings from prominent players like Grayscale, Bitwise, Franklin Templeton, and Canary Funds have attracted significant investments, while major asset managers such as BlackRock and Fidelity remain on the sidelines. This initial wave of XRP ETF products is anticipated to be a mere prelude to larger asset managers filing applications for the token.