Six spot XRP exchange-traded funds made their official U.S. debut at 9:30 AM ET on November 24, 2025, delivering one of the strongest opening bursts ever recorded for an altcoin ETF launch. In just the first 30 minutes, the batch attracted a combined $6.85 million in inflows as institutional buyers stepped in immediately.
XRP’s price reacted almost instantly, lifting from $2.05 to $2.08 (+1.52%) while 24-hour trading volume surged 180% to $4.8 billion, marking the highest intraday activity since the summer rally.
First 30-Minute Inflows (Live Data – Nov 24, 2025)
| Fund Name | Sponsor | Ticker | 30-Min Inflow | Fee |
|---|---|---|---|---|
| Grayscale XRP Trust | Grayscale | GXRP | $3.20M | 0.00% |
| ProShares XRP ETF | ProShares | XRPP | $1.10M | 0.75% |
| Bitwise XRP ETF | Bitwise | XRPB | $0.95M | 0.85% |
| 21Shares XRP ETP | 21Shares | AXRP | $0.78M | 0.65% |
| VanEck XRP Trust | VanEck | VXRP | $0.52M | 0.70% |
| WisdomTree XRP Fund | WisdomTree | WRIP | $0.30M | 0.90% |
Grayscale GXRP dominated early flow thanks to its 0% permanent fee, generating the largest single creation orders at launch.
Market Response: Price, Futures, and Dominance
XRP’s derivatives market lit up within the first hour:
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Open interest jumped 42% across major perpetual futures platforms
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Funding rates turned positive on Binance and Bybit
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XRP’s market dominance rose to 6.8%, the highest since May 2025
Traders described the order books as “institutional-heavy,” with block-size fills mirroring the early Bitcoin ETF sessions.
13 More XRP ETF Filings Await SEC Decision
Another 13 spot XRP ETF applications—including submissions from BlackRock, Fidelity, Invesco Galaxy, and Franklin Templeton—are still awaiting final approval.
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Decision windows run from December 2025 to February 2026
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Analysts place ~85% probability on at least 4 additional approvals in Q1 2026
A second approval wave could dramatically expand ETF volume and deepen liquidity across U.S. exchanges.
Why Today Sets a New U.S. ETF Precedent
This is the first time the SEC has approved a multi-issuer batch for a single altcoin outside Bitcoin and Ethereum.
Key implications:
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Establishes regulatory acceptance of XRP as a non-security for ETF purposes
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Accelerates the pipeline for SOL, ADA, AVAX, DOGE, and other large-cap altcoin ETFs
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Validates long-standing claims about XRP’s utility and settlement-focused design
This is the moment XRP supporters have argued was inevitable — and it finally arrived.
Social and On-Chain Reaction
Momentum spilled into social platforms immediately:
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#XRPEFT hit #1 worldwide on X within 90 minutes
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More than 800,000 posts were recorded in that window
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Ripple CEO Brad Garlinghouse hosted an unscheduled X Spaces session with 180,000 live listeners, calling the approvals “the institutional on-ramp Ripple has been building toward for over a decade.”
On-chain, large-wallet activity spiked 2.3x as whales repositioned for the potential second wave of ETF approvals.
Short-Term Targets From Trading Desks
Leading research desks updated near-term projections:
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$2.50 target by year-end if current flow trajectory holds
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$3.00 possible if multiple pending S-1s convert before February 2026
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Price structure now mirrors the pre-launch ETH ETF pattern from earlier this year
Stay Updated
For real-time XRP ETF flows, intraday creations, and verified price feeds, monitor data across major U.S. exchanges as institutions enter the market at the fastest pace ever seen for an altcoin.
