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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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  • 2 minutes read

XRP ETF Report: Bitwise Holds the Lead as Four Funds Hit $85 Million on Monday

  • currency-symbol XRP $ 2.18 (1.13%) top gainer
Story Highlights
  • XRP ETFs hit $85.7M Monday, led by Bitwise; Franklin Templeton gains, Canary steady, Grayscale lags behind.

  • XRP bounces from $1.99-$2.25 support; analysts eye $2.69-$2.84 for trend reversal amid ETF-driven momentum.

XRP ETFs ended Monday’s session with strong combined volume, but the competition between the four funds is already showing clear winners and losers. Bitwise stayed well ahead, Franklin Templeton accelerated through the day, Canary held steady, and Grayscale delivered a disappointing start. Together, the four funds closed Monday with more than $85 million in trading.

XRP ETFs Reach $85.7 Million by Monday Close

By the end of Monday’s trading session, the four XRP ETFs generated a combined $85,756,524 in total volume. Bitwise led comfortably with 1,452,944 shares traded for $36,599,659. Franklin Templeton followed with 965,203 shares traded for $23,666,777. Canary came in third with 783,825 shares traded for $18,772,608. Grayscale finished far behind, trading only 152,566 shares for $6,717,480.

Analyst Explains XRP’s Daily Pattern During ETF Hours

According to one analyst, XRP may follow a repeating pattern linked directly to ETF trading hours. During market hours, the price tends to move up slightly, often $0.10 to $0.20, which boosts the daily performance of the ETFs. After hours, the price often goes flat or dips. The analyst says this pattern could build momentum over several weeks, setting up a stronger price breakout later.

XRP Price Reacts to Support and Eyes Higher Levels

XRP bounced off the micro support area between $1.99 and $2.25. It touched the 38.2% retracement at $2.22 and moved up as expected. Analysts say XRP still needs to break above the $2.69 to $2.84 zone to confirm a larger trend reversal. Any pullback should ideally hold above $2.27 to $2.18 to keep the bullish structure intact.

With more than $85 million traded on Monday alone, XRP ETFs have entered the market with strong momentum, and the next sessions will show whether demand grows even further.

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FAQs

What are XRP ETFs and how do they work?

XRP ETFs are funds that track XRP’s price, letting investors trade shares without directly holding the cryptocurrency.

How does XRP price behave during ETF trading hours?

XRP often rises $0.10–$0.20 during ETF market hours and flattens or dips after hours, following a repeatable pattern.

Why does XRP price often rise during U.S. market hours but flatten after?

Analysts see a repeating pattern: XRP tends to climb $0.10–$0.20 during ETF trading hours (9:30–4 pm ET) from buying pressure, then goes flat or dips after close.

Which XRP ETFs are currently available to trade?

Four spot XRP ETFs launched: Bitwise, Franklin Templeton, Canary Capital, and Grayscale—Bitwise and Franklin are seeing the strongest early flows.

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