On the very first day of trading on the NYSE Arca, XRP’s Spot ETFs outshone Solana, Ether & Bitcoin combined.
Ripple’s XRP coin just restored the $2.20 resistance level, mostly driven by a high demand on the ETF markets. Franklin Templeton, a $1.5 trillion dollar digital asset manager, dropped their Ripple Spot price-tracking ETF on Monday, pulling in $67.4 million.
Franklin & Grayscale Push Ripple ETFs Beyond Limits
Storming into the exchange-traded fund (ETF) markets together, Franklin Templeton’s XRPZ & Grayscale’s GXRP garnered $130 million combined in the first trading day. With smaller counterparts from Canary Capital & Bitwise trading for quite a few weeks, this bumps the cumulative Ripple ETF inflows to $140 million a day, according to SoSoValue.
To compare, Solana’s (SOL) & Ethereum’s (ETH) ETF trades pulled in $58 million & $97 million, respectively. Yet, only the apex digital asset Bitcoin (BTC) saw negative flows on the opening trading day this week, slimming the balance sheets by $151 million. However, Bitcoin (BTC) recouped most of the deficit the following day, picking up $128.7 million on Tuesday.
Is This a Sign Of a Big Price Rebound For XRP Coin?
With the ETF markets going green in spite of the uncertain market conditions and extreme fear still prevalent, market analysts believe XRP has hit rock bottom at $1.88 on November 21, 2025. The OG altcoin’s price trajectory shifted upwards since XRP coin’s price retested the supposed bottom line on November 22, 2025, this time a little bit higher at $1.90, CoinGecko says.
Meanwhile, popular crypto trader Ali Martinez notes XRP’s price mid-point at $2.60 as the next target. Ripple’s native crypto traded well above this range coming into October, then managed to restore the checkmark on October 25, 2025. Nevertheless, November has struck with two rejections at this mid-point for XRP’s price, so a drop below $2 would invalidate Ali’s theory.
With a cumulative $622.11M netflow, Ripple’s Spot price-tracking ETFs have a tendency to outshine Solana (SOL) & even Ether (ETH) on most days so far. Market watchers cite XRP Ledger’s institutional appeal & RippleNet’s 300+ traditional banking partnerships as the main reason behind this growth. At press time, XRP’s price trades at $2.15, sliding back 2.9% in 24 hours.
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