Franklin Templeton leads $8 million XRP ETF inflow with largest single-day purchase

Leading asset managers Franklin Templeton and Bitwise have increased their holdings in XRP, responding to renewed activity in the XRP ETF sector after several days of subdued trading. Recent data from SosoValue revealed that XRP ETFs saw combined inflows surpassing $8 million during their latest trading session. Only two institutional participants, Franklin Templeton and Bitwise, contributed to this inflow, with Franklin Templeton taking a clear lead in total purchases. Franklin Templeton acquired approximately 4.34 million XRP, valued at about $5.57 million, making it the largest investor in XRP ETFs for the day. This significant purchase follows a period of reduced activity, as the fund had not recorded new inflows for five consecutive days before this latest move.

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