The XRP ETF market is witnessing a remarkable surge with inflows exceeding $666 million within just 30 days of launch. The growth is fueled by the increasing demand from institutional investors who are seeking exposure to this cryptocurrency. Notably, none of the existing ETFs have reported outflows, suggesting a robust and sustained buying momentum. The emergence of 21Shares as the fifth U.S. spot XRP ETF adds to this dynamic trend, joining products from Grayscale and Franklin Templeton which also experienced strong initial demand. However, this new influx isn’t simply about competition; it reflects the market’s overall shift towards institutional adoption. Locked ETF custody is tightening liquidity on exchanges by storing XRP in cold vaults instead of circulating supply, leading to a gradual reduction in readily available XRP, and fueling further growth for these funds. The market now stands at an unprecedented level, poised for continued expansion with even more products on the horizon. 21Shares’ launch follows closely after another $22.68 million entered the fund yesterday, continuing its uninterrupted inflow trend. This surge in inflows has been a defining characteristic of the XRP ETF market over recent weeks, surpassing expectations and demonstrating the growing interest from institutional investors.