XRP ETFs Push Past $1B AUM Amid 'Familiarity' Factor: Exec
XRP exchange-traded funds have surpassed $1 billion in assets, driven by the token's longstanding recognition among mainstream investors and strong multi-year price performance. XRP has seen about 417% growth since 2022, though it is down 22.81% since the beginning of the year. More than $423 million flowed into spot XRP ETFs since mid-November, with total assets managed by key issuers like 21Shares and Grayscale reaching $1.14 billion. In comparison, spot Ether ETFs have experienced five straight days of outflows totaling $533.1 million, while spot Bitcoin ETFs have seen volatile inflows and outflows recently. Interest is also rising in Solana spot ETFs, which have attracted $102.8 million in net inflows over the past nine days, reflecting growing investor understanding of Solana's utility and ecosystem. This shift comes amid high volatility in Bitcoin and Ethereum ETF trading.
