What to Know:
- XRP ETFs have quickly surpassed Solana ETFs in attracting investment, signaling strong institutional interest.
- Aggressive fee waivers by issuers like Franklin Templeton are driving significant capital inflows into XRP ETFs.
- XRP ETF inflows are fueling price breakouts, contrasting with Solana, where inflows are acting defensively against price corrections.
XRP is emerging as a frontrunner in the altcoin ETF market, showcasing impressive performance metrics since its recent launch. The new US spot XRP ETFs have rapidly accumulated approximately $587 million in inflows in under 10 trading days. This positions XRP as a primary choice for investors seeking exposure beyond Bitcoin and Ethereum.
Franklin Templeton’s XRPZ fund, with its waived fee on the first $5 billion in assets through May 2026, is a key driver. Grayscale’s GXRP has also adopted a similar strategy, waiving fees for the initial three months. This has created a zero-cost opportunity for institutional allocators, attracting significant capital.
Solana ETFs initially led the altcoin ETF race, logging consecutive days of net inflows. However, XRP has compressed this trajectory into a hyper-accelerated window, absorbing institutional dollars at almost double the daily rate of its rival. The momentum behind XRP is being fueled by a structural “race to the bottom” on costs.
Unlike Solana, where ETF flows have acted as a dampener amid price corrections, XRP flows are fueling a breakout. XRP’s ability to turn a historical resistance level into an accumulation floor highlights the strong demand and potential for further price appreciation. This dynamic underscores XRP’s growing appeal within the digital asset space.
As XRP ETFs continue to attract substantial inflows, market observers are recalibrating their year-end projections. If the current trend persists, XRP ETFs could challenge the $1.5 billion mark by year-end, potentially even approaching $2 billion in AUM. The cryptocurrency market will be closely watching XRP’s performance as it continues to evolve.
Source: Original article
