XRP ETFs Cross 1 Billion XRP Milestone Amid Growing Institutional Exposure

XRP exchange-traded funds (ETFs) have crossed the 1 billion XRP milestone, demonstrating significant institutional exposure to the token. As of September 29, U.S. XRP funds held approximately 1.13 billion XRP worth $1.68 billion, representing a 16.6% growth in dollar value over the past month.

This achievement highlights how quickly XRP has established itself as a meaningful ETF category since U.S. spot products began launching. However, when compared to Bitcoin and Ethereum, the gap remains enormous.

Bitcoin ETFs, for example, currently hold around 1.29 million BTC worth roughly $108 billion, accounting for more than 6% of Bitcoin's maximum 21 million supply. BlackRock's IBIT alone accounts for over 800,000 BTC, giving a single Bitcoin ETF vastly more assets than the entire XRP ETF market.