Bitwise Overtakes Franklin Templeton as XRP ETF King as More Than as 100M RLUSD Floods the XRP Ledger

Bitwise Dominates with $13.7M Daily Volume as XRP ETFs See Another Massive Trading Day

XRP ETF momentum is accelerating, and Bitwise is leading the charge. According to market analyst Diana, Bitwise posted a standout $13.71 million in daily volume, far surpassing competitors and cementing its growing dominance in the rapidly expanding XRP ETF market.

Bitwise’s XRP ETF fund ended the day with 549.7K shares traded, firmly outpacing all rivals and signaling surging demand for XRP-linked financial products as markets pivot toward tokenization, real-world asset integration, and high-liquidity digital instruments.

Franklin Templeton’s XRPZ ETF followed with a solid $10.40 million in daily volume. And while Bitwise widened the gap today, Franklin Templeton’s steady performance underscores sustained institutional appetite for regulated XRP exposure.

Canary Capital XRP ETF trailed with a solid $7.40 million, further strengthening its presence in the sector. REX-Osprey posted $4.50 million in steady activity, while Grayscale’s GXRP ETF closed with $2.71 million, signaling modest yet consistent investor participation.

Notably, the total XRP ETF volume surged to $38.7 million, marking another strong milestone for the asset’s growing market presence. After years of regulatory uncertainty, rising ETF activity signals a clear shift in sentiment and expanding interest from both institutional and retail investors.

 With ETFs providing a familiar, compliant entry point into crypto, demand for diversified exposure continues to accelerate. As Bitwise widens its lead and the market logs yet another multi-million-dollar trading day, XRP ETFs are cementing their position as a rising force in the digital asset investment landscape.

Institutions Quietly Ramp Up RLUSD Activity on the XRP Ledger — Over 100 Million Minted in a Single Month

Renowned market analyst X Finance Bull highlights a surge in institutional activity on the XRP Ledger largely unseen by retail investors. 

Over the past month, more than 100 million RLUSD, Ripple’s institutional-grade stablecoin, has been minted, signaling a major shift in Ripple and XRP’s growing institutional adoption.

RLUSD isn’t your typical public stablecoin, its issuance is strictly institutional. Only regulated entities can mint or redeem, ensuring every on-chain dollar reflects genuine settlements, treasury operations, liquidity moves, or cross-border flows. No speculation. No hype. Pure institutional capital.

The XRP Ledger amplifies these dynamics. RLUSD flows on a permissionless, borderless, and ultra-efficient on-chain network. Institutions aren’t waiting for retail trends, they’re harnessing blockchain for high-volume, practical operations. This is the hidden engine of crypto: quiet, infrastructure-level adoption the public rarely sees.

Therefore, X Finance Bull notes that while the market debates prices and regulations, Ripple quietly onboarded institutional partners, letting chain data speak. Each RLUSD mint underscores trust in XRPL’s speed, security, and liquidity, proving institutions view blockchain as a present-day operational advantage, not a future experiment.

Well, the minting of over 100 million RLUSD this month is a notable milestone and signal that institutional crypto adoption is accelerating, and XRP is emerging as the settlement layer global finance has long needed.

Conclusion

Record-breaking trading volumes underscore XRP ETFs’ rising prominence in crypto investing. Bitwise’s commanding lead reflects both its market influence and growing investor confidence in regulated, exchange-traded crypto products. 

With daily volume approaching $39 million, XRP ETFs are transitioning from niche instruments to mainstream financial tools, driving liquidity, accessibility, and institutional participation. As demand surges, these ETFs are set to play an increasingly pivotal role in shaping the future of digital asset investment.

On the other hand, the RLUSD minting surge signals a pivotal shift: real crypto adoption isn’t retail hype, it’s institutions moving serious capital on-chain. Ripple and the XRP Ledger are quietly proving their value as a scalable settlement network, bridging traditional finance with blockchain efficiency. 

As more institutions leverage RLUSD, XRP’s role as a backbone for global capital flows becomes undeniable. In this silent revolution, the numbers speak louder than words, pointing to blockchain as essential infrastructure for global finance.