$592M Asset Manager Buys into Franklin XRP ETF Amid Rising Institutional Interest

An Ohio-based investment adviser managing $592 million has acquired 12,958 shares of the Franklin XRP ETF, signaling growing institutional interest in XRP investment products.

This move follows other firms increasing their XRP ETF holdings, reflecting expanding adoption among professional investors despite smaller allocations compared to Bitcoin ETFs.

The total assets in U.S. XRP ETFs have reached about $683.66 million, with strong inflows highlighting sustained demand.