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$592M asset manager buys Franklin XRP ETF amid rising institutional interest in XRP products.

Market News
29 Jul 2026
Tokenpost
View Source
Bullish
$592M asset manager buys Franklin XRP ETF amid rising institutional interest in XRP products.

Gerber, an Ohio-based investment adviser managing $592 million, recently acquired 12,958 shares of the Franklin XRP ETF, signaling growing institutional interest in XRP investment products. This move follows other firms increasing their XRP ETF holdings, reflecting expanding adoption among professional investors despite still smaller allocations compared to Bitcoin ETFs. The total assets in U.S. XRP ETFs have reached about $683.66 million, with strong inflows highlighting sustained demand. This trend suggests XRP ETFs are becoming a more significant part of the digital asset investment landscape.

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