List of XRP ETFs Launched in the Fourth Week of November 2025

2025-11-21
List of XRP ETFs Launched in the Fourth Week of November 2025

The cryptocurrency market witnessed a historic flurry of institutional activity in late November 2025, specifically during the fourth week of the month. Following the trailblazing debut of Canary Capital’s fund just days prior, a wave of major asset managers rushed to list their own XRP exchange-traded funds (ETFs). 

This rapid succession of launches has officially cemented XRP’s status as a mainstream financial asset in the United States, offering investors multiple regulated avenues to gain exposure to the token.

This unprecedented "ETF rush" has reshaped the landscape for digital asset investment, with products ranging from pure spot exposure to sophisticated income-generating strategies hitting the exchanges of CBOE and NYSE in a matter of days. 

Below is a detailed breakdown of the list of XRP ETFs launched in the fourth week of November.

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List of XRP ETFs Launched in the Fourth Week of November 2025

While the initial spark came from Canary Capital slightly earlier in the month, the fourth week of November (November 17–23, 2025) saw the momentum accelerate with heavyweights entering the ring.

1. Franklin Templeton XRP ETF (EZRP)

  • Launch Date: Tuesday, November 18, 2025
  • Exchange: CBOE
  • Ticker: EZRP

As a traditional asset management giant with over $1.5 trillion in assets, Franklin Templeton’s entry was highly anticipated. 

The fund provides direct spot exposure to XRP. Its launch on Tuesday marked the beginning of the week’s heavy institutional flow, positioning it as a direct competitor to Canary’s earlier offering.

2. Amplify XRP 3% Monthly Premium Income ETF (XRPM)

  • Launch Date: Tuesday, November 18, 2025
  • Exchange: CBOE (BATS)
  • Ticker: XRPM

Launching alongside Franklin Templeton, Amplify introduced a unique twist to the market. 

Unlike a standard spot ETF, XRPM is an income-focused strategy. It targets a 36% annual option premium income by writing weekly out-of-the-money call options on its XRP holdings.

This product appeals to investors looking for yield rather than just pure price appreciation, diversifying the list of XRP ETFs launched this week.

3. Bitwise XRP ETF (XRP)

  • Launch Date: Thursday, November 20, 2025
  • Exchange: NYSE
  • Ticker: XRP

Bitwise, a specialist in crypto-native asset management, launched its fund later in the week. Notably, it secured the ticker symbol XRP itself, a powerful branding move. 

Read Also: Bitwise XRP ETF: What It Is and Why It Matters for Investors

The fund launched with a competitive management fee of 0.34%, which the firm waived for the first month on the first $500 million in assets, signaling an aggressive push to capture early market share.

XRP ETF Week Momentum

XRP ETFs Launch this November

The momentum for an XRP ETF launch this week was set by the record-breaking performance of Canary Capital’s XRPC, which had debuted just before this week’s wave. 

Canary’s fund saw a staggering $58 million in trading volume on its first day and pulled in approximately $250 million in inflows within its first 72 hours.

This success created a "fear of missing out" (FOMO) environment for issuers. As the fourth week of November rolled in, the narrative shifted from "if" to "how many." 

The simultaneous arrival of Franklin Templeton and Amplify on Tuesday, followed by Bitwise on Thursday, created a dense cluster of liquidity events. 

Analysts noted that this "staggered launch" schedule kept XRP in the headlines daily, sustaining media attention better than a single bulk approval would have.

However, the rush isn't over. Grayscale also announced its intention to convert its Digital Large Cap Fund component or trust into a dedicated ETF (Ticker: GXRP), with trading expected to commence at the start of the following week (November 24), keeping the XRP ETF launch November 2025 narrative alive and kicking.

Impact on XRP Crypto Price

Despite the bullish news and the clear institutional appetite, evidenced by hundreds of millions of dollars in inflows, the immediate price action for XRP was paradoxical.

  • "Sell-the-News" Reaction: Instead of skyrocketing, XRP’s price experienced a pullback, dropping approximately 12% during the launch week to trade around the $2.00–$2.15 level.
  • Whale Profit-Taking: On-chain data revealed that large holders (whales) and long-term investors seized the liquidity provided by the ETF launches to book profits. Reports indicated that over 200 million XRP were sold by whales within 48 hours of the initial ETF debuts.
  • Market Mechanics: This phenomenon is not uncommon; Bitcoin experienced a similar correction following its own ETF debut in early 2024. The inflows from ETFs (buying pressure) take time to settle and reflect on-chain, while the speculative selling (selling pressure) is immediate.

Read Also: XRP Prediction: Ripple (XRP) Price Forecasts for 2025-2050

Future Expectation

The list of XRP ETFs launched is expected to grow, with other major players like 21Shares, CoinShares, and WisdomTree reportedly having products in the pipeline. The market is closely watching for:

  1. Normalization of Inflows: Once the initial "sell-the-news" volatility subsides, the consistent daily buying from these ETFs (to back their shares) is expected to create a supply shock.

  2. The "Turkey Trot" Rally: Ripple CEO Brad Garlinghouse optimistically referred to the momentum as a "pre-Thanksgiving rush" or "Turkey Trot." Traders are hopeful that this institutional foundation will support a price recovery heading into December.

  3. Regulatory Clarity: The successful launch of these funds on major exchanges like NYSE and CBOE signals a definitive end to the regulatory ambiguity that plagued XRP for years.

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Final Note

The list of XRP ETFs launched in the fourth week of November 2025 represents a watershed moment for the cryptocurrency industry. 

With Franklin Templeton, Amplify, and Bitwise successfully bringing their products to market, institutional investors now have diverse and regulated ways to access the XRP ledger's potential. 

While immediate price action has been muted by profit-taking, the long-term structural impact of these vehicles cannot be overstated. 

As the dust settles on this historic week, the stage is set for XRP to potentially enter a new phase of maturity and growth.

FAQ

What XRP ETFs launched in November 2025?

Several major asset managers launched XRP ETFs in November 2025. The most notable launches in the fourth week included the Franklin Templeton XRP ETF (EZRP) and the Amplify XRP 3% Monthly Premium Income ETF (XRPM) on November 18, followed by the Bitwise XRP ETF (XRP) on November 20. These followed the earlier debut of Canary Capital's XRPC fund.

When did the Bitwise XRP ETF start trading?

The Bitwise XRP ETF began trading on Thursday, November 20, 2025. It is listed on the NYSE under the ticker symbol $XRP. The fund launched with a 0.34% management fee, which is currently waived for the first month on the first $500 million in assets to attract early investors.

Is there a Franklin Templeton XRP ETF available?

Yes, Franklin Templeton officially entered the market with the Franklin Templeton XRP ETF, which trades under the ticker EZRP. It launched on the CBOE exchange on November 18, 2025, providing investors with direct spot exposure to the price of XRP through a traditional regulated brokerage account.

Why did XRP price drop after the ETF launch?

Despite record-breaking inflows, the XRP price experienced a "sell-the-news" event immediately following the ETF launches. Analysts attribute this drop to long-term holders and "whales" taking profits into the high liquidity provided by the launch buzz, causing a temporary price correction despite the positive long-term signal.

What is the difference between EZRP and XRPM ETFs?

The main difference lies in their strategy. EZRP (Franklin Templeton) is a spot ETF designed to track the price of XRP directly. In contrast, XRPM (Amplify) is an income-focused strategy that holds XRP but also writes weekly call options to generate cash flow, targeting a 3% monthly distribution (approx. 36% annually) for investors seeking yield over pure growth.

Disclaimer: The content of this article does not constitute financial or investment advice.

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