Grayscale and Franklin Templeton’s new US-based spot XRP ETF‘s began trading on NYSE Arca on Monday and outperformed other cryptocurrency ETF categories, attracting over $60 million in investment on its opening day. Grayscale’s GXRP ETF attracted $67.4 million in net inflows, while Franklin Templeton’s XRPZ ETF attracted $62.6 million, according to SoSoValue data.
XRP ETFs Outperform the Competition
The total performance of two giant ETFs is compared to Canary Capital’s XRPC and Bitwise. XRP funds also contributed. Thus, spot XRP ETFs reached a net inflow of $164.1 million on the first trading day. While total inflows have increased to $586.8 million since launch on November 13, there have been no days of negative flows yet. David Mann, Head of Product and Capital Markets at Franklin Templeton ETF, said XRP is a fundamental part of the global payment infrastructure. cryptocurrency He emphasized that it was. In contrast, BlackRock has attracted attention by not yet being involved in XRP or other new cryptocurrency ETFs. The company currently operates Bitcoin 
$88,099.54 and Ethereum 
$2,924.25 It maintains its dominant position in ETFs.
The price of XRP coin increased by approximately 8.6 percent in the last 24 hours, reaching $2.20. This increase in investor interest shows that both individual and institutional investors are turning to XRP again within the framework of regulation.
Outperforming BTC, ETH, and SOL ETFs
On the same day, there was a net outflow of $151.1 million in US spot Bitcoin ETFs. Ethereum $96.6 million to ETFs, solana There was a net inflow of 58 million dollars to ETFs. Solana ETFs have maintained their positive flow for 20 days since launch, reaching total inflows of $568.3 million.
Grayscale also has its first spot in the US on Monday dogecoin 
$0.151317 It launched its ETF (GDOG) but no inflows were recorded on the opening day. NovaDius President Nate Geraci described the DOGE ETF launch as symbolic of the fundamental transformation in cryptocurrency regulation. According to Geraci, the development represents the beginning of a new era at the intersection of traditional finance and the cryptocurrency market.
