Clients of the Bitwise and Franklin Templeton spot XRP exchange-traded funds purchased an additional $7.24 million worth of XRP — a relatively quiet session by ETF standards. Net inflow figures measure the balance between the money clients put into the funds and what they take out, so even a modest positive number still represents net new buying rather than exits.

A Steady Drip, Not a Firehose

The latest purchases followed several stronger days. On September 23, 2026, combined net inflows into the two funds totaled $18.04 million, with Bitwise accounting for $11.54 million and Franklin Templeton bringing in $6.50 million. Two days later, the pace picked up: on September 25, combined net inflows reached approximately $22.65 million, of which Bitwise was responsible for around $18.39 million.

Cumulative inflows across XRP ETFs have climbed to roughly $1.79 billion, while net assets sit between $1.7 billion and $1.8 billion, approaching the upper end of that range. Bitwise leads the field with cumulative net inflows of $613 million to $677 million. Franklin Templeton trails but is closing in on the $500 million mark — a milestone for the trailing product.

How XRP ETFs Got Here

Bitwise and Franklin Templeton launched their US spot XRP ETFs in November 2025. The proposition was straightforward: give investors exposure to XRP's price through fund shares that trade like any other listed security, without requiring them to manage the token directly. The products have also benefited from a friendlier regulatory backdrop around Ripple and XRP. Since their debut, XRP ETFs have become a popular diversification holding, often positioned in portfolios alongside Bitcoin and Ethereum exposure. With close to a year of trading on record, the daily and cumulative flow figures now serve as a running gauge of client demand for XRP exposure through these products.

Inflows Up, Price Not So Much

XRP has been trading under pressure near the $1.5 level even as ETF money continues to arrive. Inflows into these funds have not tracked neatly with XRP's price movements, a split that underlines how ETF demand is only one of the forces at work in the token's market.

What This Means for XRP and the ETF Market

Bitwise's cumulative inflows outpace those of Franklin Templeton, and its daily contributions have been larger in recent sessions. Franklin Templeton is approaching $500 million in cumulative inflows. The nearby thresholds — $1.8 billion in combined inflows and Franklin Templeton's $500 million — give observers concrete markers for judging whether client demand holds up over time.

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.

Source: CryptoBriefing