XRP ETF Race Heats Up as Multiple Issuers Enter the Market

[bonk]

Grayscale’s XRP ETF will debut Monday alongside a competing product from Franklin Templeton, with WisdomTree’s version still pending. The competition follows Canary Capital’s November launch of XRPC, the first U.S. spot XRP ETF, which pulled in more than $250 million on day one. Bitwise, 21Shares and CoinShares have also rolled out XRP ETFs this month, intensifying the crowded race.

[Nahid Hossen]

Competition between issuers could make XRP ETFs more accessible.

[Abdul Khan]

ETF expansion shows strong institutional interest building.