XRP News Today: Institutional Embrace Grows as XRP ETFs Enter Regulated Markets in Large Numbers

Bitwise Asset Management will introduce its

ETF tomorrow, representing a significant milestone in the evolution of regulated crypto investment vehicles. The ETF, which has obtained a Bloomberg terminal listing under the prestigious ticker XRP, , according to Bloomberg’s James Seyffart. This development is part of a coordinated launch plan alongside other leading asset managers such as Grayscale and Franklin Templeton, whose XRP ETFs are also anticipated to go live on November 24 .

This simultaneous rollout highlights the swift pace of institutional adoption for digital assets. Grayscale, which has already updated its XRP Trust documents to convert it into a spot ETF,

. Likewise, Franklin Templeton is preparing its own XRP ETF for release on the same date, aligning with the broader industry trend. that this unified strategy—similar to previous and ETF launches—is designed to enhance both liquidity and market influence.

The XRP ETF sector is witnessing remarkable growth, with

between November 18 and November 25. Franklin Templeton’s debut on November 18, backed by $1.5 trillion in managed assets, is expected to attract considerable institutional interest. This builds upon the company’s earlier achievements with Bitcoin and Ethereum funds, while European players like 21Shares and CoinShares are poised to broaden the product’s international presence. with their launches on November 25, further cementing XRP’s role in mainstream finance.

The expanding ETF landscape is already boosting both liquidity and price movement for XRP.

, recognized as the first U.S. spot XRP ETF, saw $58 million in trading volume on its opening day, November 13, and has since attracted $243 million in net inflows. Meanwhile, in the market’s shift from a bearish trend to a growth phase, attributing this to clearer regulations and rising institutional participation.

Market experts estimate that daily trading volumes for XRP ETFs could reach between $150 million and $200 million by November 26,

its record high of $3.80. The asset has established a bullish range between $2.40 and $2.65, with a breakout anticipated as ETF investments increase.

The November 24 launches will also feature Grayscale’s DOGE ETF,

of established asset managers expanding their crypto portfolios. This approach signals growing trust in digital currencies as a recognized asset class, with and blockchain technology further strengthening its attractiveness.