Early trading hours often pass quietly with the launch of new exchange-traded products. This session did not follow that pattern. Within 2 hours and 30 minutes of the U.S. market opening, XRP-based ETFs posted notable trading activity. Crypto commentator Xaif (@Xaif_Crypto) shared the figures in a post on X, highlighting the massive trading volume. The numbers told a clear story of competitive flows and institutional interest in XRP . XRP ETF Market Update As of Now (2h 30m Since U.S. Market Open) Daily Volume Leaderboard (Total: $16.05M) 1⃣ Canary Capital — $4.67M 2⃣ Franklin Templeton — $4.24M 3⃣ Bitwise — $4.09M 4⃣ Grayscale — $1.64M 5⃣ REX–Osprey — $1.40M Institutional money is rotating fast… the… https://t.co/NDF3orP0Ev pic.twitter.com/uwIwbZFoey — Xaif Crypto | (@Xaif_Crypto) November 28, 2025 XRP ETF Volume Snapshot Xaif reported a combined daily trading volume of $16.05 million across five XRP ETFs. Canary Capital led the group with $4.67 million. Franklin Templeton followed closely at $4.24 million. Bitwise ranked third at $4.09 million. Grayscale recorded $1.64 million, while Rex Osprey posted $1.40 million. Canary Capital has been a notable force in the ETF market since its launch. It hit a record volume of $58 million on its launch day. However, Franklin Templeton and Bitwise are also making notable waves in the market. The tight spread at the top shows that all three funds are trading within a narrow band. That pattern showed no single issuer had locked up liquidity. Xaif summed up the action with a short remark. “Institutional money is rotating fast,” he wrote. He added that “the XRP ETF race is only getting louder.” What to Expect from ETFs Xaif’s data focused strictly on what had already traded. Another market participant added a forward-looking note. Chad Steingraber, who had previously analyzed the market’s performance, predicted that the funds could reach $50 million before the halfway point of the trading session. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 At the start of the week, these funds closed with a total volume of over $85 million . That value excluded the Rex Osprey ETF, and the current pace suggests it could surpass that volume before the end of the current session. Expansion Still Ahead These five ETFs represent only the first wave. Several issuers continue to prepare additional XRP-related products. Some filings target different fee structures. Others aim at alternative custody or liquidity arrangements. Some experts have suggested that up to 12 XRP ETFs are ready to launch . As more products reach the market, volume will likely spread further before consolidating again. The early session numbers show one thing clearly. XRP ETFs have entered an active phase. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP ETF Market Update (2h 30m Since U.S. Market Open) appeared first on Times Tabloid .
