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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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  • 2 minutes read

Ripple CEO Brad Garlinghouse Breaks Silence as XRP Becomes Fastest Spot ETF to Hit $1B

  • currency-symbol XRP $ 2.06 (-1.03%) top looser
Story Highlights
  • XRP Spot ETFs surpass $1B AUM, marking the fastest crypto ETF growth since Ethereum as institutions accumulate and supply tightens near the $2 level.

  • Garlinghouse says XRP ETF demand is just beginning, boosted by Vanguard’s crypto access and rising long-term accumulation that could trigger a supply squeeze.

XRP Spot ETFs have crossed $1 billion in assets under management, making XRP the fastest crypto Spot ETF to reach the milestone in the United States since Ethereum. Canary, Grayscale, Bitwise, and Franklin are driving most of the activity, with steady demand coming from institutional desks.

ETF inflows show strong interest from long-term buyers who are adding XRP to regulated portfolios. This new pool of capital is expanding even as spot market sentiment remains mixed.

Garlinghouse Says Demand Is Only Getting Started

Ripple CEO Brad Garlinghouse said the pace of growth points to a larger shift. He said that more than forty crypto ETFs have launched in the United States this year, showing how much pent up demand exists for regulated crypto exposure. 

He added that Vanguard’s decision to open its retirement and trading accounts to crypto ETFs means millions of Americans can now access digital assets without needing deep technical knowledge.

Garlinghouse said longevity, stability, and community are becoming key themes for this new wave of “offchain” crypto holders who prefer simple investment products instead of direct token management. XRP’s track record is helping it stand out among recent ETF launches.

“There’s pent up demand for regulated crypto products, and with Vanguard opening up access in traditional retirement / trading accounts for Americans..crypto is now accessible to millions more people who don’t need to be experts in the technology,” he wrote on social media.

Supply Tightens as Investors Accumulate

Institutional interest is also affecting supply. As ETF issuers continue to buy XRP to meet inflow demand, circulating supply on exchanges is slowly tightening. The token has held close to the $2 level for several sessions, which analysts say could set the stage for a supply shock if buying pressure continues.

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FAQs

What is an XRP Spot ETF and why is it important?

An XRP Spot ETF is a regulated investment fund that holds real XRP, allowing investors to gain exposure to the cryptocurrency through traditional stock exchanges without needing to manage the tokens themselves.

Which companies are leading the XRP Spot ETF market?

Major asset managers like Grayscale, Bitwise, Franklin Templeton, and 21Shares (Canary) are driving most of the activity, offering these ETFs to both retail and institutional investors.

Could XRP’s supply decrease due to ETF demand?

Yes, as ETF issuers buy more XRP to meet investor inflows, the available supply on exchanges is tightening, which could lead to upward price pressure if this institutional accumulation continues.

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