Franklin Templeton XRP Spot ETF Tops 100M XRP, Holdings ~$193M
Franklin Templeton’s spot XRP ETF (XRPZ) has surpassed the 100 million XRP milestone, now holding roughly 101.55–105.9 million XRP (est. $192.7m–$200m). The inflows appear steady and methodical, driven by regulated institutional and compliance-focused demand rather than short-term speculative buying. ETFs acquire XRP from open markets and place tokens into custody, removing supply from exchange balances. With exchange reserves falling and substantial amounts moving into long-term custody and ETF vehicles, circulating supply tightens — a dynamic that can amplify price pressure if demand increases. Analysts view this as growing institutional adoption: ETFs provide regulated access for retirement accounts, brokers and compliance-conscious investors and may support more stable, lower-volatility demand compared with retail-driven rallies. Key details: ETF ticker XRPZ, holdings above 100M XRP, estimated value near $193M, and implications for supply dynamics and trading volume. Disclaimer: not financial advice.
Bullish
The ETF passing 100M XRP and accumulating roughly $193M of tokens is bullish for XRP price prospects. Mechanically, ETFs purchase on open markets and move coins into custody, reducing exchange reserves and tightening circulating supply — a supply-side squeeze that can amplify upward price pressure if demand stays constant or rises. The inflows are described as steady, regulated, and institutional, which tends to produce more persistent buying than short-lived retail rallies, potentially lowering volatility over time. Short-term impact: likely positive price support and periodic upward momentum as ETF buys continue and exchange balances decline. However, magnitude depends on ongoing demand; if inflows slow, the immediate price effect may be muted. Long-term impact: greater institutional adoption via regulated ETFs may improve market liquidity, legitimacy, and steady demand, supporting a structurally more bullish outlook for XRP compared with purely retail-driven moves. Risks: large ETF redemptions or broader market sell-offs could reverse gains; regulatory or legal developments specific to XRP remain a variable.