Bitwise and Franklin ETF clients buy $7.24 million in XRP

Clients of the Bitwise and Franklin Templeton spot XRP ETFs bought another $7.24 million worth of XRP. In ETF land, that counts as a quiet day.

A steady drip, not a firehose

On September 23, 2026, combined net inflows into the two funds totaled $18.04 million. Bitwise accounted for $11.54 million of that, while Franklin Templeton brought in $6.50 million.

Two days later, the pace picked up. On September 25, combined net inflows reached approximately $22.65 million, with Bitwise responsible for around $18.39 million.

Total inflows across XRP ETFs have climbed to around $1.79 billion. Net assets sit somewhere between $1.7 billion and $1.8 billion, nearing that upper figure.

Bitwise leads the pack, with cumulative net inflows in a range of $613 million to $677 million. Franklin Templeton trails but is closing in on the $500 million mark.

How XRP ETFs got here

Bitwise and Franklin Templeton launched their US spot XRP ETFs in November 2025. The pitch was simple: give investors XRP price exposure without making them manage the token themselves.

The products have also benefited from a friendlier regulatory backdrop around Ripple and XRP. XRP ETFs have since become a popular diversification pick, often sitting in portfolios alongside Bitcoin and Ethereum exposure.

Inflows up, price not so much

The token has been trading under pressure near the $1.5 level, even as ETF money keeps arriving. Inflows into these funds have not tracked neatly with XRP’s price moves.

What this means for XRP and the ETF market

Bitwise’s cumulative inflows outpace Franklin Templeton’s, and its daily contributions have been larger in recent sessions. Franklin Templeton is approaching $500 million in cumulative inflows.

What to watch next: whether daily inflows return to the $18 million to $22 million range seen in late September, whether cumulative inflows push past the $1.8 billion area, and whether XRP can hold or reclaim ground around $1.5.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.