XRP spot ETFs near $1B AUM amid sustained institutional demand

US spot XRP exchange-traded funds (ETFs) are rapidly approaching $1 billion in assets under management (AUM), positioning XRP as the fastest crypto spot ETF to reach this milestone since Ether. The ETFs, which launched in mid-November, have seen a 15-day streak of inflows, accumulating $897.4 million in net inflows, according to SoSo data. Major demand is being driven by institutional investors through funds managed by Canary Capital, Grayscale, Bitwise, and Franklin Templeton. Ripple CEO Brad Garlinghouse noted that this milestone was achieved in under four weeks, attributing the success to increased access via traditional brokerage and retirement accounts, allowing investors to gain exposure without direct blockchain interaction. The success of XRP ETFs highlights the accelerating institutional adoption of regulated, off-chain crypto investment vehicles.

(Source：Crypto Briefing)