The rush toward the XRP Exchange-Traded Fund (ETF) has intensified as new institutional funds move closer to launch. Early data and analysts’ commentary point to a rapidly expanding ETF landscape that could significantly tilt the market toward cryptocurrency. With multiple XRP ETFs now live and more still set to launch, the market narrative is shifting towards major inflows and accelerating demand.
Over 12 XRP ETFs Still Awaiting Launch
Popular crypto analyst JackTheRippler recently highlighted that more than a dozen XRP ETFs are still lined up for launch, reinforcing expectations that institutional interest in the cryptocurrency is still expanding rapidly. Currently, XRP is already dominating the ETF market, with its inflows surpassing those of Solana and Dogecoin.Â
Among the investment products still awaiting launch is the 21Shares Core XRP Trust ETF, which is expected to go live this month if final regulatory approvals align. WisdomTree also has an XRP ETF pending as part of its plan to offer a range of digital asset funds. CoinShares is in a similar position, with its XRP ETF application still under review.Â
While more issuers are looking forward to a confirmation, a few have already made their market debut. The Bitwise Spot XRP ETF went live on November 20 and quickly drew attention as demand for its spot product dramatically rose. Canary Capital’s XRP ETF launched earlier on November 13, setting a historic record of $58 million on the first day of trading.Â
The market expanded further when Grayscale and Franklin Templeton rolled out their XRP ETFs on November 24. Moreover, REX Osprey’s product, which launched in September 2025, was the first-ever XRP ETF approved in the US.Â
With over 12 XRP ETFs still unreleased, JackTheRippler predicts that the market could soon see massive adoption. He also expects the complete launch of all XRP ETFs and the potential surge in demand and inflows that could follow to be incredibly bullish for the cryptocurrency’s price.Â
The Effect Of ETFs On XRP’s Supply
JackTheRippler has also revealed in a post on X that the combined XRP ETF inflows are already approaching $1 billion within the first month of activity. Current data from SoSoValue shows inflows have reached approximately $643.9 million in just 10 days, indicating that demand has surged as rapidly as many anticipated. Should inflows continue at their present momentum, XRP ETFs could reach the $1 billion milestone within weeks.Â
As more ETFs rapidly accumulate XRP to back their products, the available circulating supply on exchanges is tightening. JackTheRippler believes that if this continues, it could trigger a supply shock for XRP. Typically, when a shock like this occurs, it puts upward pressure on prices as demand outpaces the number of tokens available for trading, potentially leading to a rally.
