Franklin’s XRPZ Becomes Second XRP ETF to Hit $500M Inflow Milestone
Franklin Templeton's XRP ETF (XRPZ) reached $500M in cumulative net inflows, driven by a strong inflow on Sept. 25. The fund, launched in late 2025, has attracted over $258M in 2026 despite XRP's price struggles. XRPZ is now the second-largest XRP ETF, behind Bitwise's XRP ETF (XRP) with $676.29M in inflows.
How this was made

The 30-second read
Why it matters
The milestone may attract additional capital and support the ETF’s price, while also signaling investor confidence in regulated XRP exposure.
Market read
First report of a significant inflow milestone for a spot XRP ETF, indicating fresh capital flows into regulated crypto products.
What to watch
Regulatory scrutiny on XRP and broader crypto market volatility could dampen future inflows.
Background
The article reports fresh inflow data for the Franklin XRP ETF, noting its first $500 million cumulative net inflow and comparing it to peers.
Ticker impact
Franklin Templeton’s XRP ETF (XRPZ) crossed the $500 million cumulative net inflow milestone with a $4.26 million inflow on Sept. 25, marking its first time above $500 million.
upward pressure as the market prices in renewed demand for the ETF
Milestone inflows are fresh data and represent a material capital shift; traders may buy the ETF on the expectation of continued inflows.
Market effects
Highlights growing investor interest in regulated crypto ETFs, potentially boosting the broader crypto‑ETF sector.
U.S. spot crypto ETF market sees net inflows, reinforcing demand for XRP exposure.
May influence global crypto investors to consider regulated XRP products.
Counterpoint
If XRP price remains stagnant, inflows could taper, limiting upside for the ETF.
Key entities
- Asset ManagerFranklin Templeton
Issuer of the XRPZ spot XRP ETF.
- Asset ManagerBitwise
Operator of the leading spot XRP ETF (ticker XRP).


