XRP ETF Absorbs 80M Tokens, AUM Hits $778M

As reported by Bijiawang, XRP's newly launched ETF absorbed nearly 80 million tokens on Monday, surpassing the initial inflow of Solana's ETF. According to XRP Insights, the rapid capital inflow has driven its total assets under management (AUM) to $778 million. Grayscale and Franklin Templeton's XRP ETFs attracted $130 million in funding at launch. Continued ETF inflows, rather than just opening demand, will determine XRP's structural advantage in price recovery. XRP has formed a bullish flag pattern, but technically remains in a bearish trend below key EMAs. Grayscale's GXRP attracted $67.4 million on November 24, while Franklin Templeton's XRPZ raised $62.6 million, pushing XRP ETF AUM over $628 million on the same day. Nearly 80 million XRP tokens were absorbed within 24 hours, outpacing Solana's ETF inflow, while Bitcoin continued to see outflows. Currently, four XRP ETFs are listed, with Canary's XRPC on Nasdaq leading with $331 million in net inflows, followed by Bitwise's XRP ETF with $168 million. ETF demand directly affects circulating supply, and sustained inflows will be key to XRP's long-term performance. XRP supporter Chad Steingraber remains optimistic, noting that continued inflows could drive FOMO-driven volume, making the ETF a potential market influencer. 21Shares' TOXR is expected to list on Cboe BZX on November 29 after S-1 and 8-A approvals, with a 0.50% fee and a $500,000 seed capital target to expand U.S. spot XRP exposure.