Ripple XRP ETF Frenzy: Wall Street’s Billion-Dollar Whisper

Reece Merrick, Ripple‘s Senior Executive Officer and Managing Director for the Middle East & Africa, tilts his gaze toward XRP ETF growth in a tweet that sounded like a sly wink at a ceiling full of numbers.

“XRP ETFs, Number dont lie,” Merrick wrote, a boast wrapped in velvet and crowned with a three-point aria.

XRP ETFs – The numbers don’t lie 📈

🟢 U.S. spot XRP ETFs did not record a single net outflow day in their maiden month.

🟢 By December 16, 2025, cumulative inflows had crossed $1 billion, making XRP the swiftest digital asset to reach that milestone since Ethereum‘s ETF debut…

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– Reece Merrick (@reece_merrick) April 18, 2026

The first point, in plain, almost confessional terms, is that U.S. spot XRP ETFs passed their inaugural month without a single net outflow. The second point hums that by December 16, 2025, inflows leapt beyond $1 billion, crowning XRP as the speediest asset to kiss that milestone since Ethereum’s ETF debut. The third-the tall, stately cousin-tells us that by early March 2026 inflows had grown to over $1.50 billion, with five spot XRP ETFs trading in the U.S. and more than 769 million XRP tokens securely hoarded across their shared custody arrangements.

Institutional curiosity spoke in hushed, almost conspiratorial tones through OTC desks and private placements; Ripple now hints that the era of whispered faith has evolved into a swaggering, headline-snubbing new dawn.

New era begins

Toward the end of 2025, XRP took on the role of a voracious, well-tailored participant in the regulated spot ETF marketplace, drawing capital from some of the most influential names in traditional finance and staking its claim in the foyer of institutional allocation.

CME-listed XRP futures, which debuted in May 2025, became the fastest-ever CME cryptocurrency futures contract to reach $1 billion in open interest, a small but gleaming badge of institutional appetite for XRP.

In March 2026, Goldman Sachs disclosed a $153.8 million position in spot XRP ETFs through its Q4 2025 13F filing, making it the single largest known institutional holder of XRP ETF shares in the United States. Goldman accounts for roughly 73% of the top 30 institutions’ XRP ETF exposure, a tidy little monopoly of interest.

Ripple believes this might merely be the opening act, as JPMorgan’s forecast of $4-8.4 billion in first-year inflows has yet to be tested by a full bull cycle, and the product landscape will continue its evolutionary pirouette.

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2026-04-19 17:52