XRP exchange-traded funds are rapidly nearing the $1 billion milestone, attracting bullish commentary from Ripple’s CEO.
The momentum builds on strong institutional demand and a wave of new listings from major traditional-finance players. Meanwhile, Ripple CEO Brad Garlinghouse says this is only the beginning, arguing that crypto’s share of the global ETF market is still “extraordinarily early.”
Ripple CEO: ETF Demand Is Just Getting Started
Speaking at Binance Blockchain Week in Dubai, Garlinghouse pushed back against claims that interest in XRP ETFs or broader crypto products may be cooling. He noted that XRP ETFs did not exist until recently due to U.S. regulatory obstacles. But once approved, pent-up demand poured in.
According to him, over the past “two or three weeks,” more than $700 million has flowed into XRP ETFs, representing investors seeking exposure without the need for self-custody.
He noted that crypto ETFs currently make up just 1–2% of the global ETF industry, and that number will almost certainly grow.
Garlinghouse explained that institutions that previously sat on the sidelines due to regulation, risk concerns, or internal policies are now cautiously entering the market. Ripple’s own prime-brokerage platform is seeing this shift firsthand, with clients “crawling, then walking, then running.”
In other words, institutional appetite is strengthening, not weakening.
Vanguard’s Policy Reversal Accelerates XRP Adoption
A major catalyst behind the latest wave of inflows came from Vanguard, the $11 trillion asset-management giant. After years of rejecting crypto products outright, Vanguard has now listed a full suite of XRP spot ETFs on its brokerage platform.
This marks one of the most significant policy reversals in traditional finance. Analysts believe it could amplify mainstream access to digital assets in the same way gold ETFs transformed precious-metals investing.
Indeed, this shift is gradually unfolding for XRP ETFs, which are now approaching the $1 billion milestone.
XRP ETFs Near $1B in Assets With Zero Outflows
Updated market data shows that XRP ETFs now hold $906.46 million in total assets. This follows 14 trading days that attracted $874.28 million in total net inflows. During this period, XRP ETFs recorded zero days of outflows since launch.
Yesterday, The Crypto Basic reported that XRP became the second fastest crypto to reach $800 million in ETF inflows. Major spikes include $243 million on November 14 during Canary Capital’s debut and $164 million on November 24 with new funds from Franklin Templeton and Grayscale.
In the latest inflow cycle on Wednesday, XRP ETFs logged $50.27 million in new investments from Canary Capital (AUM $355M), Grayscale ($209M), Bitwise ($194M), and Franklin ($129M).
Meanwhile, 21Shares secured approval for its spot XRP ETF on Cboe BZX, with trading set to begin shortly.
With nearly $1 billion now parked inside XRP ETFs and Vanguard’s adoption boosting confidence, sentiment across the ecosystem is turning increasingly bullish. Garlinghouse believes the real growth will unfold over the next few years as crypto moves from 1% of the ETF market toward mainstream allocations.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
