XRP ETF Inflows Hit $164M As Ripple Targets JPMorgan’s Position

TLDR

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XRP ETFs gained $164M in one day, marking the second-largest daily inflow since launch.
Teucrium CEO says Ripple could rival JPMorgan and SWIFT with a banking license.
Analyst says 12 XRP ETFs absorbing 2.2B XRP in 5 days is possible with $1B inflows.
XRP price surged over 8% after ETF inflows and institutional buying grew sharply.

Ripple’s XRP has gained attention after Teucrium Trading’s CEO described Ripple as a fast-rising competitor to JPMorgan and SWIFT. This comes as spot XRP ETFs continue to record high inflows, including a $164 million surge in a single day, suggesting accelerating institutional interest in the token.

Ripple’s XRP Sees Rising Institutional Demand Through ETF Inflows

The XRP price climbed over 8% following a $164 million single-day inflow into spot XRP ETFs. This marks the second-highest inflow day since launch, indicating growing institutional interest in the digital asset.

Data from SoSoValue shows that Grayscale’s GXRP fund led the day with $67.36 million in inflows. Franklin Templeton’s new XRPZ fund followed with $62.59 million. This also marked the seventh consecutive day of net inflows into XRP ETF products.

Franklin Templeton launched its XRP ETF just one day before the spike. Canary’s XRPC fund has now reached $306 million in total assets under management. These developments continue to boost XRP’s profile among traditional investors.

Ripple Positioned to Rival JPMorgan and SWIFT

Teucrium Trading CEO Sal Gilbertie expressed strong support for Ripple and its potential role in global finance. In an interview with Paul Barron, Gilbertie called Ripple a highly connected ecosystem that could challenge traditional financial institutions.

He explained that Ripple is building a financial system that mirrors major banks in structure and scale. Gilbertie said, “Ripple is a machine,” referencing the company’s operational efficiency and disciplined team.

Ripple is reportedly seeking a national banking license from the Office of the Comptroller of the Currency (OCC). If approved, it would be one of the first crypto-native firms to obtain such a license in the U.S.

Gilbertie emphasized that XRP is not meant for sale by Ripple but is a strategic asset intended to gain value through usage in the Ripple ecosystem.

XRP ETF Momentum May Mirror Bitcoin’s Inflow Trends

Crypto analyst Chad Steingraber suggested XRP ETF trends could replicate Bitcoin ETF inflow patterns seen months after their respective launches. He cited multiple days where Bitcoin ETFs saw over $1 billion in inflows per day.

Using that model, Steingraber projected that with 12 active XRP ETFs, each receiving roughly $83 million, over 2.2 billion XRP could be absorbed in just five trading days.

“The only variable that changes the equation is price,” said Steingraber, stating that such demand would require XRP to rise in value.

New XRP ETFs Set to Launch Amid Growing Demand

New XRP ETFs are scheduled to go live in the coming days. 21Shares received automatic approval from the SEC through an 8-A filing, allowing its ETF to list on the Cboe BZX Exchange.

CoinShares has also filed updates to its S-1 registration, confirming its XRP ETF ticker ahead of its Nasdaq debut. Its fund is now listed on the DTCC platform, signaling readiness for launch.

As more ETFs enter the market, analysts believe the available circulating XRP could be absorbed in less than a year if current trends continue. Large asset managers entering the space could shorten that time to six months.