Franklin Templeton's XRPZ Surpasses Canary Capital as Second-Largest Spot XRP Fund

The Franklin XRP ETF (XRPZ) has overtaken the Canary Capital XRP ETF (XRPC) to become the second-largest spot XRP fund by cumulative inflows. According to recent data, XRPZ recorded $6.5 million in inflows on September 23, making it one of only two XRP ETFs to record inflows that day.

The Franklin Templeton XRPZ now has a cumulative inflow of $491.7 million, leaving it just $8.3 million short of the $500 million mark. Bitwise's XRP ETF (XRP) remains the largest spot XRP fund, with a cumulative inflow of $649 million.

The recent inflows have pushed the total cumulative net inflows across the market to $1.75 billion, setting a new all-time high. The overall ETF market continues to attract capital, with September on track to become the third-best month for XRP ETF inflows this year.