XRP ETFs Surge with $164 Million in First-Day Flows, Outshining All Other Crypto Assets

XRP exchange-traded funds (ETFs) witnessed a historic first-day surge, exceeding all other crypto asset inflows. Grayscale and Franklin Templeton ETFs secured impressive $67.4 million and $62.6 million in inflows on the NYSE Arca, respectively, setting new records for ETF performance in the nascent cryptocurrency market. The combined total of these funds reached a staggering $164.1 million. This surpasses all other major crypto assets and signifies a significant shift in institutional interest towards XRP-based investments.