XRP has reached a new milestone, surpassing $1 billion in assets under management (AuM). The Ripple CEO, Brad Garlinghouse, shared this achievement following the launch of the Canary Capital XRP ETF (XRPC) in November 2024. XRP has become the fastest asset to reach this milestone since Ethereum, setting a new standard for altcoin ETFs.
The XRP ETFs, which include products from Canary Capital, Grayscale, Bitwise, and Franklin Templeton, reached $1.23 billion in total net assets. According to Garlinghouse, this success came in less than 4 weeks, underscoring strong demand for regulated crypto assets.
“The speed at which XRP ETFs hit this milestone is a clear sign of market interest,” Garlinghouse said in his recent post on X.
<4 weeks, and XRP is now the fastest crypto Spot ETF to reach $1B in AUM (since ETH) in the US.
With over 40 crypto ETFs launched this year in the US alone, a few points are obvious to me:
1/ there’s pent up demand for regulated crypto products, and with Vanguard opening up…
— Brad Garlinghouse (@bgarlinghouse) December 8, 2025
In the days following the launch, XRP’s assets surged, with a $30 million inflow reported on December 8, 2024. As of now, the XRP ETFs hold 597.093 million XRP tokens, valued at $1.23 billion based on the current price of $2.06 per XRP. The four XRP ETFs have gained traction, despite initial delays in launching their products.
The largest portion of XRP’s total net assets comes from Canary Capital’s XRP ETF, which holds 335.889 million XRP tokens. At current market prices, this represents $691.93 million or 56.2% of the total assets across all four funds. Grayscale follows with 104.381 million XRP, valued at $215 million, accounting for 17.47% of the total.
Bitwise’s XRP ETF holds 93.827 million XRP tokens, valued at $193.28 million, or 15.7% of the total. Franklin Templeton’s XRP product has the smallest share, with 62.99 million XRP worth $131.83 million. The success of the XRP ETFs highlights the growing interest in crypto assets and the increasing number of products approved by the U.S. SEC.
The surge in XRP’s assets under management underscores the growing demand for crypto-based investment products. As the number of crypto ETFs continues to rise, XRP is emerging as a key player in the space. The latest influx of capital shows that investors are increasingly drawn to regulated crypto ETFs, making the future of XRP look even more promising.
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