U.S. Wealth Advisers Flock to XRP Exchange-Traded Funds
U.S. wealth advisers are increasingly showing interest in XRP exchange-traded funds (ETFs), according to recent disclosures from Gerber and Gallacher Capital Management.
Their new positions in Franklin and Canary XRP ETFs, among others, contribute to a growing professional investor base engaging with regulated XRP products.
Since their launch in November, U.S. spot XRP ETFs have attracted about $1.5 billion in net inflows, with Franklin Templeton’s XRPZ fund managing over $254 million.
The continued adviser participation and positive inflows suggest expanding institutional demand for XRP ETFs, which could support the asset's price going forward.