Leisure Capital Adds Franklin Templeton's XRP ETF Amid Institutional Investor Shift

Franklin Templeton's XRP ETF has been added to Leisure Capital Management's portfolio. This move follows recent data showing that US institutional investors are rotating capital into XRP spot ETFs, with daily net inflows reaching $5.66 million in the same period.

Meanwhile, Hyperliquid (HYPE) funds lost $698,040 during this time, according to SoSoValue data. This shift in investor interest has led some analysts to view the decline in XRP whale deposits to Binance as a bullish sign, with the level dropping to its lowest point in two months.

Brad Garlinghouse, CEO of Ripple, recently argued that XRP exposes institutions to lower transaction risk compared to traditional SWIFT transfers. However, his claim was met with controversy and criticism from some quarters.