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XRP ETFs See Record Inflows as $2B Exits Crypto ETPs, DeepSnitch Presale Tops $555K

Institutional demand concentrates in XRP products alongside a retail pivot to high‑beta presales.

Overview

  • Franklin Templeton launched its EZRP spot XRP ETF on the CBOE, marking a new entry by a major sponsor into XRP-focused products.
  • Canary Capital’s XRP ETF recorded a standout debut with $58 million in first‑day trading volume and more than $250 million of inflows, aided by in‑kind creation mechanics noted by ETF analysts.
  • CoinShares reported roughly $2 billion in weekly outflows from crypto ETPs, with the U.S. accounting for about 97% of withdrawals, including ~$1.4 billion from Bitcoin products and ~$700 million from Ethereum.
  • DeepSnitch AI’s presale funding has risen to more than $555,000 after short‑term gains of roughly 54%–58%, with publishers citing project claims of live AI agents, completed audits by Coinsult and SolidProof, and active staking with token locks.
  • Analysts highlight contrasting risk profiles between small, utility‑focused presales like DeepSnitch AI and large, prolonged raises such as BlockDAG’s reported $435.1 million two‑year presale that could concentrate sell pressure at launch.