Ripple CEO: Total assets under management of XRP spot ETFs in the market have exceeded $1 billion.

According to Odaily Planet Daily, Ripple CEO Brad Garlinghouse stated in an article on the X platform that the total assets under management of the listed XRP spot ETF surpassed the $1 billion mark in less than four weeks. XRP has become the fastest cryptocurrency to reach this milestone since the launch of the ETH spot ETF. By 2025, more than 40 cryptocurrency ETFs will be launched in the US, indicating a huge demand for regulated cryptocurrency products. With Vanguard opening up cryptocurrency trading channels for traditional retirement/trading accounts, millions of ordinary users who are not technical experts can now access cryptocurrencies. For new "off-chain" cryptocurrency holders, stability and community are undervalued but crucial themes.