Ripple CEO Announces XRP Surpasses $1 Billion in Assets Under Management

XRP just crossed a major institutional threshold—$1 billion in assets under management. Ripple's CEO confirmed the milestone, signaling growing confidence from professional investors.

What This Number Actually Means

Forget the hype. In traditional finance, $1 billion in AUM is the entry ticket to the institutional big leagues. It's the benchmark where asset managers stop being niche players and start getting taken seriously by pension funds and endowments. For XRP, it's a quiet but powerful signal that real money—not just retail traders—is building a position.

The Institutional On-Ramp Is Open

This isn't about day-trading volatility. This capital represents funds allocated for the long haul, often through regulated vehicles like trusts and ETFs. It means Wall Street's compliance departments have signed off, and the infrastructure to hold and move XRP at scale is now operational. The pipes are built; the money is flowing.

A Reality Check for the Skeptics

Let's be cynical for a second: in the grand scheme of global finance, a billion dollars is a rounding error in a mega-bank's quarterly report. But in crypto, it's a credibility stamp. It moves the conversation from 'if' institutions will adopt digital assets to 'how' and 'which ones.' This milestone suggests XRP is answering that question for a growing pool of capital.

The takeaway? While speculators chase the next meme coin, institutional portfolios are being methodically built. That $1 billion figure isn't just a number—it's a footprint.

TLDR

• XRP ETFs have surpassed $1 billion in assets under management in less than four weeks.

• The milestone was reached following the launch of the Canary Capital XRP ETF in November 2024.

• Ripple CEO Brad Garlinghouse highlighted the growing interest in regulated crypto asset products.

• The total net assets of XRP ETFs now stand at $1.23 billion, with 597.093 million XRP tokens held.

• Canary Capital’s XRP ETF holds the largest share, with 335.889 million XRP worth $691.93 million.

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.

XRP ETFs Soar to $1 Billion in Less Than Four Weeks

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.

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.

XRPC Dominates the XRP ETF Market

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.