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Franklin Templeton's XRP Spot ETF Holdings Surpass 63 Million in First Week
[Bitpush] Franklin Templeton’s XRP spot ETF has delivered a pretty good performance just one week after its launch. The latest data shows that as of December 5, this ETF has accumulated nearly 63 million XRP (to be exact, 62,994,999.475 XRP), all of which are held in custody by Coinbase Custody. Based on the price at that time, the market value was approximately $127.8 million.
What’s even more noteworthy is that the ETF’s total net asset value has reached $125.6 million, and the outstanding shares have expanded to 5.7 million. Judging by this growth rate, the market’s acceptance of the XRP spot ETF seems to be better than expected. Traditional financial institutions entering the crypto ETF sector are driving a strong wave of capital inflow.