The cryptocurrency market experienced notable excitement as XRP-linked exchange-traded funds (ETFs) recorded a substantial surge in activity at the start of the week. Monday's trading session indicated a sharp rise in institutional engagement, suggesting a shift in momentum within the broader digital asset landscape. This market sentiment points to renewed confidence in XRP's role in regulated financial products.
Chad Steingraber brought this activity into focus through a detailed post on X. His update highlighted an impressive concentration of volume across four major XRP funds. The figures quickly spread across the crypto community and sparked conversations about liquidity, institutional demand, and market direction.
Monday Close
Bitwise XRP – 1,452,944 / $36,599,659
Franklin XRPZ – 965,203 / $23,666,777
Canary XRPC – 783,825 / $18,772,608
Grayscale GXRP – 152,566 / $6,717,480Total – $85,756,524 For 1 Day / 4 Funds https://t.co/207aSkgUax
— Chad Steingraber (@ChadSteingraber) November 24, 2025
Rising Interest in XRP ETFs
The recent introduction of multiple XRP spot ETFs has established a new avenue for capital inflow. Investors who previously avoided cryptocurrency exchanges now have access to regulated instruments for exposure. This development has strengthened market depth and broadened XRP's appeal, with Monday's results reflecting this shifting trend and indicating broader participation.
Detailed Breakdown of Monday’s Figures
Bitwise led the session with 1,452,944 shares traded, valued at $36,599,659. Franklin Templeton's XRPZ followed with 965,203 shares, worth $23,666,777. Canary Capital's XRPC recorded 783,825 shares, totaling $18,772,608. Grayscale's GXRP contributed 152,566 shares, translating to $6,717,480 in value. Collectively, these four funds generated $85.7 million in a single trading day.
Why the Performance Matters
This concentrated activity signifies a growing preference for institutional-grade XRP exposure. The inflows also suggest that liquidity providers are effectively meeting strong market demand. Such dynamics can contribute to maintaining stable prices and alleviating supply pressure during periods of high trading volumes. The market typically responds positively to sustained activity demonstrated by ETFs.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
Market Implications
While the current momentum is encouraging, short-term market movements remain subject to rapid shifts. Traders are closely monitoring regulatory developments and overall market sentiment. Nevertheless, the consistent growth in XRP ETF participation indicates a maturing investment environment. If these flows persist, XRP could benefit from enhanced liquidity and broader institutional trust.
Monday's combined performance, exceeding $85 million across four XRP funds, garnered significant attention for valid reasons. The figures shared by Chad Steingraber underscored robust institutional engagement at a crucial juncture for the asset. The future trajectory of XRP in the coming months will depend on whether this trend strengthens or moderates.