XRP News Today: Clearer Regulations and Institutional ETFs Drive XRP to 8% Surge

XRP Jumped 8% as Franklin Templeton and Grayscale ETFs Began Trading, Signaling a Major Turning Point in Institutional Embrace

The

climbed 8.25% over the past day after two leading institutional firms, Franklin Templeton and Grayscale, rolled out their exchange-traded funds (ETFs) on NYSE Arca on November 24, 2025. This development marked a key step in XRP’s path to broader adoption, with the token’s value on the back of increased regulatory certainty and investor excitement.

Grayscale Investments, the largest digital asset manager with more than $35 billion under management, launched its XRP Trust ETF (ticker: GXRP) with a special 0% management fee for the first three months or until the fund amasses $1 billion, whichever happens first

. The ETF, holding about 6 million XRP worth $11.67 million, is securely held by Coinbase Custody Trust Company . Christa Lynch, Grayscale’s senior vice president for ETF capital markets, described the launch as a move to broaden access to the XRP ecosystem .

Franklin Templeton’s debut in the XRP ETF market was equally significant. The company’s XRP Trust (ticker: XRPZ) introduced the lowest fee at 0.19%, with the first $5 billion in assets fully fee-free until May 31, 2026

. David Mann, Franklin Templeton’s head of ETF product and capital markets, called XRP a “cornerstone for global settlement infrastructure,” emphasizing its importance in international payments . The ETF’s launch coincided with Grayscale’s, joining a growing lineup of XRP ETFs from Bitwise, Canary Capital, and others .

The competition among XRP ETFs grew fiercer, with four such products now available in the U.S. Bitwise’s XRP ETF charges a 0.34% fee, waiving it for the first month on up to $500 million in assets, while Canary Capital’s XRPC comes with a 0.50% fee

. Total inflows into XRP ETFs hit $423 million as of November 21, with Bitwise’s fund leading daily inflows at $11 million .

Regulatory developments were crucial for these ETF launches. The U.S. Securities and Exchange Commission (SEC) gave the green light to Franklin Templeton’s and Grayscale’s products after a lengthy legal dispute with Ripple, which ended in August 2025 with a $125 million settlement

. The decision clarified that secondary-market XRP transactions are not considered securities, removing a major barrier for institutional involvement.

The market responded quickly. XRP’s price broke out of a prolonged consolidation, reclaiming the $2.05 mark and posting a 7% daily increase. The token’s market cap surged to $127.43 billion, with 24-hour trading volume reaching $4.73 billion

. Institutional investors rushed into the new ETFs, with Franklin’s XRPZ on its opening day. Meanwhile, Grayscale’s recorded $1.13 million in first-day trading volume .

Experts linked the rally to a broader reallocation of capital. With

and ETFs drawing $238.4 million and $55.7 million in net inflows respectively on November 21, XRP’s spot ETFs positioned the third-largest crypto as a strong option for portfolio diversification . Roger Bayston, head of digital assets at Franklin Templeton, pointed out that XRP’s low correlation with traditional assets makes it a valuable “foundation” for crypto portfolios .

The launches also highlighted the rising institutional appetite for crypto infrastructure. XRP’s blockchain, recognized for its speed and low transaction costs, has seen increasing adoption by banks for international settlements

. By offering regulated access to XRP, ETFs simplify the process for both retail and institutional investors, reducing the challenges of self-custody .