WisdomTree withdraws XRP ETF application, but institutional funds continue to flow into spot products

2026-01-07 11:40:11

【Crypto World】WisdomTree recently withdrew its registration application for an XRP spot ETF with the U.S. Securities and Exchange Commission. The company stated that this was due to “current” strategic considerations and decided to temporarily halt the project.

Interestingly, despite WisdomTree’s decision to exit, the enthusiasm for XRP spot ETFs has not cooled down. Major institutions such as Grayscale, Franklin Templeton, Canary, and Bitwise have seen a combined net inflow of over $1.25 billion into XRP spot ETF products recently, with Franklin Templeton’s XRPZ performing the best, attracting $7.35 million in a single week; Canary’s XRPC followed closely, bringing in $6.49 million; Bitwise’s XRP fund also received $3.54 million.

However, from a price performance perspective, XRP’s market has been somewhat disappointing. Despite the increasing demand for ETFs, XRP’s current price remains below its peak reached in 2025. This phenomenon is similar to the trend seen after the launch of Bitcoin and Ethereum ETF products—approval of the product does not necessarily mean the coin’s price will immediately skyrocket.

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ImpermanentTherapist

· 20h ago

WTF WisdomTree backed off, but big institutions are疯狂扫货, this signal is a bit绝 1.25 billion投入进去, this really shows strong confidence in XRP Franklin Templeton had over seven million inflow in a single week, which is outrageous Institutions are bottom-fishing, are you still hesitating? However, WisdomTree's withdrawal is indeed a bit strange, what's the underlying logic? Institutions are冲, should retail investors跟还是该怂? Feels like the SEC might be showing some signs of松动 How high can XRP go in this wave?

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alpha_leaker

· 01-07 12:10

WisdomTree exit? But then again, it doesn't really have much impact. Large institutions have been pouring money in continuously for a long time, and just looking at this week's inflow data shows how hot the market is...

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StealthDeployer

· 01-07 12:10

WisdomTree backed down, but major institutions are still aggressively buying, this pace is really incredible. Franklin's 7.35 million weekly inflow is telling us that XRP is not out of the game yet.

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ReverseTradingGuru

· 01-07 12:09

A retreat bringing in more people rushing in, WisdomTree's move is really interesting. Big institutions are frantically piling into XRP, something feels off... Franklin 735k in a single week? They must be very optimistic, we need to think in the opposite direction. Did WisdomTree's exit actually accelerate the rush? I almost believed it. Is the XRP ETF really that attractive? Major institutions are rushing to buy. The inverse indicator tells me to be cautious—Is this hype truly hot or just a false fire?

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WalletDetective

· 01-07 11:59

WisdomTree backed down, but it doesn't matter. Major institutions are still aggressively buying, and that's the real signal. Franklin's XRPZ bought over 7 million in a week. The buying momentum... no wonder XRP has been so strong lately.

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ChainDoctor

· 01-07 11:54

WisdomTree is really outrageous. Seeing major institutions all in on the gains, and you just withdraw directly? This "temporary" pause might have to wait until the Year of the Monkey... Speaking of which, Franklin's ability to attract 7.35 million in a week is truly impressive. The institutional recognition of XRP in this wave seems extraordinary.

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FOMOSapien

· 01-07 11:53

WisdomTree backed down, but that doesn't stop big institutions from aggressively buying XRP. They directly poured in $1.25 billion, with Franklin's side seeing a weekly inflow of $7.35 million... What's going on here? Are they buying the bottom or what?

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