Polymarket Approved to Resume US Operations as Grayscale and Franklin XRP ETFs See $60M+ Debut Inflows
A major regulatory breakthrough and strong institutional demand have combined to create an impactful day for crypto markets. On Tuesday, decentralized prediction platform Polymarket received approval to resume operations in the United States, ending months of restricted access. Meanwhile, two major asset managers — Grayscale and Franklin Templeton — reported more than $60 million each in debut inflows to their newly launched XRP exchange-traded funds (ETFs).
Together, these events mark a significant shift in U.S. crypto policy, institutional engagement, and market structure.
Polymarket Cleared to Return to U.S. After Regulatory Compliance Milestones
Polymarket — the popular on-chain prediction platform known for markets covering politics, economics, sports, and global events — has been given the green light to resume offering services to U.S. customers.
Why It Matters
Polymarket previously faced regulatory scrutiny from the CFTC related to offering event contracts without proper registration. After reaching a settlement and implementing new compliance infrastructure, the platform is now permitted to re-enter the U.S. market.
✔️ Key Points:
- Polymarket completed all required compliance upgrades.
- U.S. users can once again legally access the platform.
- Industry analysts see this as a major win for prediction markets in America.
- The approval may pave the way for regulated event contracts to become a mainstream asset class.
This is the first time in years that a blockchain-based prediction market has received direct U.S. compliance approval — a signal that regulators may be warming to decentralized financial primitives when proper guardrails are in place.
XRP ETFs See Strong Institutional Demand: $60M+ Inflows Each
Two newly launched spot XRP exchange-traded funds — one from Grayscale and another from Franklin Templeton — saw massive first-day inflows, each exceeding $60 million.
This marks the strongest debut performance for an XRP-based financial product to date and reinforces institutional interest in XRP as a settlement layer for payments and tokenized assets.
✔️ Grayscale XRP Trust (GXRP) Inflows:
$61 million on day one
Grayscale’s brand strength and existing investor relationships helped attract significant early demand.
✔️ Franklin Templeton XRP ETF (FXRP) Inflows:
$62 million in first-day subscriptions
Franklin’s competitive fee model likely contributed to strong inflows.
Why Institutions Are Now Turning to XRP ETFs
The inflow surge reflects several macro tailwinds:
1. Legal clarity around XRP
After Ripple’s high-profile courtroom victories against the SEC, institutions have renewed confidence in XRP’s regulatory standing.
2. Interest in blockchain settlement layers
XRP’s strength as a fast, low-cost payments network has renewed appeal amid rising demand for tokenized assets and real-time settlement rails.
3. ETF-fueled liquidity
Spot XRP ETFs offer direct exposure without custody challenges, making them attractive to:
- Hedge funds
- RIAs
- Pension allocators
- Multi-asset portfolios
4. Rotation into non-Bitcoin, non-Ethereum assets
With BTC and ETH ETFs facing outflows this month, institutions may be diversifying into alternative L1 settlement assets.
Market Impact and Broader Implications
Polymarket’s U.S. return
Could legitimize crypto-based prediction markets, enhance liquidity, and set the stage for more regulated event-trading platforms.
XRP ETF inflows
Signal rising institutional appetite for diversified crypto exposure — especially assets tied to real-world payments and financial infrastructure.
Together, these developments reflect a maturing crypto regulatory landscape where compliant platforms and institution-ready products are gaining traction in the United States.







