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Altcoins & DeFi

Franklin Templeton Buys XRP Dip Through ETF Amid Ongoing Market Volatility

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TL;DR Franklin Templeton’s XRP ETF recorded $3.55 million in net inflows during the latest trading session, despite the downturn in the crypto market. The fund added exposure to approximately 2.71 million XRP and was the only XRP ETF to attract net capital inflows during the session. Demand for XRP-linked exchange-traded products continues, although inflows have slowed and the token’s price remains under pressure. Franklin Templeton recorded fresh inflows into its XRP ETF as the token’s price continued to face market volatility. The fund attracted $3.55 million in net inflows during Thursday’s trading session, according to data published by SoSoValue . That amount represents approximately 2.71 million XRP and came on a day when other ETFs tracking the token recorded no net capital flows .

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