XRP ETFs Fastest To Hit $1B, Ripple CEO Confirms Rising Retail Demand

Ripple (XRP) is undoubtedly one of the most promising cryptocurrency coins to take over the domain as of now. Alongside that, XRP ETFs have now managed to hit $1B in inflows, faster than any other crypto ETF, reinstating the fact that the retail demand for XRP ETFs is on a high rise.

Also Read: XRP ETFs Hit $1 Billion, But Price Continues To Struggle

Ripple CEO Confirms Soaring Crypto Products Demand

In one of his latest tweets, Brad Garlinghouse, CEO of Ripple, shared the details of how XRP ETFs have become the fastest to hit $1B AUM in the US. Moreover, Garlinghouse was quick to add additional insights, stating how the domain is now encountering a rising crypto ETF demand.

“👀 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 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.”

The Ripple CEO later shared how off-chain crypto holders now value themes like longevity, stability, and community, asserting this confidence in this new phase of on-chain finance.

“Longevity, stability, and community are all underrated themes that matter to this new set of ‘off-chain’ crypto holders.”

The Future Ambitions

According to Skipper, a notable cryptocurrency expert, the XRP price chart is showing a new price pattern, similar to the one it flashed in 2017. After this pattern, a breakout was confirmed in 2017, helping the day rise 7000% in due time. Skipper was quick to outline how this pattern seems to be2017, re-emerging now, with a breakthrough momentum building slowly and steadily.

“#XRP’s 2017 price pattern appears to be repeating and aligning closely for 2025. During the 2017 cycle, it saw a rally of more than 7,000%. $10 is the target or higher this time around!”

Also Read: ‘Short’ Positions in XRP Go Aggressive: A Major Price Drop Next?