XRP ETFs Draw $1.12 Billion in a Weak Market as Asset Managers Outline a Third Adoption Model

On 21 December 2025, XRP exchange-traded funds had already accumulated about $1.12 billion in assets under management during a broadly weaker crypto market. Asset managers argue this trajectory differs from Bitcoin and Ethereum ETFs, with institutions testing XRP for its perceived infrastructure role and diversification potential rather than pure cycle-driven speculation.