The cryptocurrency market is currently experiencing a significant uptick in institutional interest, particularly with the imminent launch of nine new XRP exchange-traded funds (ETFs) scheduled between November 18 and November 25. This rapid introduction of investment vehicles represents a remarkable acceleration in the availability of products linked to a single cryptocurrency.
The first of these ETFs, XRPC, was launched by Canary Capital on November 13, achieving an impressive $58 million in trading volume on its inaugural day. This makes it the largest ETF launch recorded for 2025 thus far, setting a high bar for subsequent offerings.
On November 18, Franklin Templeton is set to unveil its eagerly awaited XRP ETF, designated as EZRP. With a substantial portfolio of over $1.5 trillion in assets under management, the firm is poised to generate significant interest among investors. Experts in the industry anticipate that EZRP could potentially surpass XRPC”s initial trading volume.
Following Franklin Templeton, Bitwise plans to launch its XRP ETF on November 20, targeting institutional investors such as hedge funds and family offices that are increasingly familiar with the cryptocurrency landscape. The firm has established a reputation for its expertise in the digital asset domain.
European firms 21Shares and CoinShares are also set to join the fray, launching their respective XRP ETFs on November 21 and November 22. Their entry is expected to attract international capital, further enhancing the XRP ETF market”s appeal.
As the rollout progresses, Grayscale and WisdomTree will conclude the launch sequence with their products on November 25. Grayscale is well-known for catering to a large base of crypto investors, while WisdomTree brings experience from its established track record in commodity and currency ETFs.
By November 26, seven XRP ETFs will be operational, and analysts forecast that daily trading volumes could soar between $150 million and $200 million. This staggered approach to launching the ETFs is strategically designed to maintain investor interest and consistent media coverage throughout the month.
Each ETF provider will require substantial amounts of XRP to back their shares, which is likely to stimulate ongoing buying activity of the cryptocurrency. Currently, XRP is trading around $2.42, having dipped from $2.60 following the debut of XRPC. Key price levels to monitor include resistance at $2.60, $2.70, and $2.88, with support identified at $2.38 and $2.20. Analysts note that a breakout above $2.60 may indicate bullish momentum, while a fall below $2.38 could signal bearish trends.
