Clients of Bitwise and Franklin Templeton bought another $7.24 million worth of XRP through their spot ETFs (funds designed to track XRP directly). Combined net inflows reached $18.04 million on September 23, 2026, with Bitwise accounting for $11.54 million and Franklin Templeton for $6.50 million. The pace increased on September 25, when inflows totaled approximately $22.65 million, including around $18.39 million for Bitwise. Total XRP ETF inflows have risen to about $1.79 billion, while net assets range from $1.7 billion to $1.8 billion and are nearing the upper end. Bitwise leads with cumulative net inflows of $613 million to $677 million, while Franklin Templeton is approaching $500 million. The two U.S. spot XRP ETFs launched in November 2025, offering investors XRP price exposure without requiring them to manage the token directly. The funds have also benefited from a friendlier regulatory backdrop around Ripple and XRP and have become a popular diversification choice alongside Bitcoin and Ethereum. XRP, however, has been trading under pressure near $1.5, with ETF inflows not consistently tracking its price movements. Investors are watching whether daily inflows return to the $18 million-to-$22 million range seen in late September, whether cumulative inflows exceed $1.8 billion and whether XRP holds or reclaims ground around $1.5.