XRP Becomes Fastest US Crypto ETF to Reach $1 Billion Since Ethereum

$XRP spot ETFs reached $1 billion in asset value in less than four weeks, becoming the fastest US crypto fund to reach this milestone since Ethereum-based ETFs. This surge reflects a strong wave of demand from institutional players seeking regulated investment in $XRP.

Ripple CEO Praises $XRP and Vanguard's Participation

Ripple CEO Brad Garlinghouse praised the rapid rise, emphasizing that momentum has increased since Vanguard opened access to its 50 million clients. He noted that this move attracts investors focused on long-term stability.

Garlinghouse emphasized that $XRP's durability, deep liquidity, and long-standing market presence make it increasingly attractive to both institutions and retail buyers. The CEO also emphasized that $XRP's established role in global payment flows continues to set it apart.

ETF Strength Shows Growing Appetite for $XRP

Notably, four spot $XRP ETFs now operate in the US. Since their launch, they have yet to experience a single day of net outflows. This consistent accumulation has propelled them beyond the early growth rate of many Bitcoin and Ethereum ETFs.

Garlinghouse noted that the regulatory clarity surrounding $XRP has unlocked previously sidelined capital, allowing inflows to increase with remarkable consistency. They also noted that $XRP's practical use in cross-border payments is one reason the asset continues to gain traction even in a cautious market environment.

The rapid rise of $XRP ETFs to $1 billion is one of the clearest signals of increasing confidence in its long-term benefits.