The cryptocurrency market is buzzing with excitement as major developments unfold around XRP exchange-traded funds (ETFs). November 2025 is shaping up to be a pivotal moment for the XRP ecosystem, especially with key players launching innovative investment products that bring more accessibility and credibility to digital asset trading.
Grayscale’s Anticipated GXRP ETF
Grayscale has taken a significant step by updating its S-1 filing on November 3, which triggered a 20-day countdown. If the U.S. Securities and Exchange Commission (SEC) does not intervene, Grayscale’s GXRP ETF will go live on November 24. This groundbreaking fund will be listed on NYSE Arca, providing investors direct exposure to XRP. The entry of traditional finance giants into the crypto ecosystem is a signal of rapidly increasing mainstream adoption.
Franklin Templeton’s XRP ETF in the Pipeline
Adding to the excitement is Franklin Templeton, which recently filed Form 8-A, signaling its XRP ETF is nearing launch. Analysts predict both Grayscale and Franklin Templeton will debut their ETFs on November 24, making it one of the most anticipated days for the XRP and crypto communities.
Bitwise’s Official Launch of XRP ETF
On November 20, Bitwise successfully launched its XRP ETF, marking a significant milestone for cryptocurrency traders. The fund, listed under the ticker $XRP on the New York Stock Exchange (NYSE), offers spot exposure to XRP, making it an attractive option for investors looking to diversify their portfolio with digital assets. To celebrate this launch, Bitwise hosted a live Twitter Space featuring Ripple CTO David Schwartz, Bitwise CIO Matt Hougan, and journalist Eleanor Terrett. Discussions spanned the journey to launch and the importance of XRP in shaping the future of financial payments.
Key Highlights of Bitwise’s XRP ETF
Bitwise made headlines by seeding the ETF with an impressive 1.11 million XRP, valued at approximately $2.27 million. The fund carries a 0.34% management fee, which is waived for the first month on the initial $500 million invested—a significant incentive for early adopters. Market analysts are now closely monitoring whether Bitwise’s fund will surpass the opening-day volume achieved by Canary’s XRPC ETF, which recently recorded $58.5 million in trading volume and $245 million in net inflows on its debut.
XRP Price and Market Analysis
As of November 20, XRP is trading at about $2.12, slightly down for the day due to ongoing market pressure across major altcoins. Industry experts highlight that the critical support level to watch is $2.10. Should XRP dip below this level, it could potentially retreat to $1.95. However, the growing interest in XRP-based ETFs could provide price stability and spark bullish momentum in the coming weeks.
Enhance Your Knowledge with Cryptocurrency Resources
For those looking to dive deeper into cryptocurrency investments, tools like the Ledger Nano X hardware wallet can enhance your trading journey by securely storing your digital assets. Stay informed and conduct thorough research before making investment decisions to ensure you’re navigating this dynamic market responsibly.
As the cryptocurrency landscape continues to evolve, XRP ETFs are a promising step toward broader institutional participation and mainstream acceptance of digital assets. Stay tuned for the upcoming launches, as they could redefine the market dynamics for XRP and beyond.
