Ripple CEO Brad Garlinghouse Breaks Silence as XRP Becomes Fastest Spot ETF to Hit $1B
XRP just pulled off a Wall Street heist—grabbing the crown for the fastest spot ETF to smash through the $1 billion barrier. While traditional finance was busy debating spreadsheets, the digital asset sprinted past the finish line.
The CEO Speaks
Brad Garlinghouse broke his silence, framing the milestone not as a surprise, but as validation. His comments cut through the usual corporate fog, pointing directly to institutional demand finally catching up with the technology's promise. No vague platitudes—just a clear signal that the waiting game is over.
What The $1B Mark Really Means
Forget slow-and-steady. This velocity bypasses the typical ETF adoption curve. It screams mainstream accessibility, pulling capital from investors who wouldn't touch a crypto wallet but understand a ticker symbol. The flow is real, and it's institutional-grade.
A New Benchmark for the Sector
The record redefines success for crypto-based financial products. It pressures other projects to perform and proves that regulatory clarity, once achieved, unlocks torrents of capital. The market is voting with its wallet—and the tally is decisive.
One cynical take? Traditional finance spent a decade dismissing this asset class, only to now race to package it into the very funds they control. The rebellion gets a management fee. But for XRP, the message is delivered: it's not just surviving the system—it's starting to beat it at its own game.
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.
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.
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.
