A wave of new XRP-related Exchange Traded Funds (ETFs) is set to launch this month, with five prominent firms securing approvals for their products. These funds are expected to attract over $5 billion in institutional inflows upon arrival, potentially making them among the largest debut events in US history. These ETFs will be listed on the US Depository Trust & Clearing Corporation and boast backing from major players like Franklin Templeton and 21Shares. Companies involved include Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares, each seeking final SEC approval for their applications. The surge in trade volume (up 169%) already reflects the strong anticipation from institutional investors regarding this new market development.