Bitwise Tops Franklin Templeton as XRP ETF Leader Amid $100M RLUSD Minting
Bitwise is leading the XRP ETF market with $13.7M in volume, surpassing Franklin Templeton ($10.4M), as ETFs become a stable, regulated channel for institutional exposure to Ripple’s token. The overall XRP ETF market hit $38.7M, showing growing liquidity and strong institutional demand.
Behind the scenes, over $100M in RLUSD—Ripple’s institutional stablecoin—was minted in a single month by regulated entities. RLUSD isn’t for retail trading; it’s used for treasury, payments, and cross-border operations. This reveals that institutions are quietly integrating XRPL for low-latency, programmable financial infrastructure.
The trend shows XRP moving beyond retail speculation into real-world corporate adoption, with ETFs providing a regulated entry point and RLUSD powering enterprise-grade blockchain operations.
