Anand Sinha Wed, November 26, 2025 at 5:25 AM GMT+8 2 min read In this article: - XRP-USD BTC-USD ETH-USD
The crypto market staged a modest recovery on Nov. 25, with the total market cap hitting $3 trillion.
While nearly all the cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), rose in the last 24 hours to return to the green territory, XRP staged a remarkable comeback.
The fourth-largest cryptocurrency by market cap, XRP jumped as much as 5% to hit $2.2551.
Related: Ripple is building a 'JPMorgan rival,' says Wall Street CEO
Launch of XRP ETFs sparks rally
The token owes the recent rally to the launch of two exchange-traded funds (ETFs) on NYSE Arca on Nov. 24:
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Franklin Templeton’s XRP ETF (XRPZ)
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Grayscale XRP Trust ETF (GXRP)
Franklin Templeton's head of ETF product and capital markets, David Mann, said, “XRPZ offers investors a convenient and regulated way to access a digital asset that plays a foundational role in global settlement infrastructure, through the transparency and oversight of an ETF.”
Krista Lynch, Senior Vice President, ETF Capital Markets at Grayscale, said, “GXRP is designed to offer efficient tracking and straightforward exposure to XRP for investors.”
Canary Capital's XRP ETF (XRPC) already went live earlier this month. Other issuers like Bitwise Asset Management and Canary Capital have also joined the queue to launch their XRP products.
More News:
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XRP gets legal recognition as 'property'
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Ripple CEO weighs in on XRP staking debate
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Ripple CEO says ‘turkey trot’ for XRP ETFs starts now
XRP looking 'very bullish,' analyst says
Crypto analyst Mikybull Crypto commented on the XRP rally following the launch of the two ETFs, calling the price trend "very bullish."
Mikybull Crypto highlighted the surge in on-balance volume (OBV) which indicates that buyers are indeed interested in XRP.
XRP was exchanging hands at $2.20 at the time of writing, up barely 0.4% in a day. Its price is still more than 15% lower than a month back.
However, if one looks over the last year, the cryptocurrency has surged more than 50%.
This story was originally published by TheStreet on Nov 25, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
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