XRP Spot ETFs Surge Amidst Growing Payment Infrastructure
- Four XRP spot ETFs are trading in the US with combined assets of $941.7 million as of December 18.
- Grayscale’s GXRP holds $148.1 million, while Canary Capital’s XRPC has $373.6 million.
- Ripple’s On-Demand Liquidity (ODL) processed over $15 billion in cross-border payments during the previous year.
- XRP Ledger (XRPL) recorded an average of approximately 1.8 million transactions per day in Q3, up about 9% from the previous quarter.
- The market cap for tokenized real-world assets on XRPL reached $347 million by the end of Q3, a significant increase of nearly 193% quarter-on-quarter.
The surge in XRP ETFs reflects strong regulated demand, but the sustainability of this interest hinges on XRP’s performance in cross-border payment flows and liquidity stability beyond ETF investments.
With ODL processing over $15 billion and XRPL handling around $293 million in RLUSD, XRP’s adoption is increasingly tied to its infrastructure capabilities rather than just ETF trends.
