Ripple CEO reacts to $1.4 billion XRP ETF inflows since launch

Cryptocurrency Mar 12, 2026

Ripple Labs’ CEO Brad Garlinghouse has expressed curiosity, on March 12, about the positive performance of the United States-based spot XRP Exchange-Traded Funds (ETFs) since their launch.

Garlinghouse replied to an X post shared by James Seyffart, a Bloomberg reporter, that revealed a cumulative $1.44 billion in assets under management in spot XRP ETFs since their launch to March 4, 2026, with a shifty eyes emoji.

Notably, the spot XRP ETFs had a total of $150 million in net assets on November 13, 2025 when they launched.

👀 https://t.co/g1uLPj6o3a
— Brad Garlinghouse (@bgarlinghouse) March 12, 2026

Who are the holders of spot XRP ETFs?

The largest disclosed institutional holder of spot XRP ETFs based on 13F filings is Goldman Sachs Group, which reported $153.8 million worth of XRP ETF exposure to date, according to data from Bloomberg Intelligence. The second largest holder of these funds is Millennium Management, which has purchased XRP valued at over $23 million.

Spot XRP ETF holders. Source: Bloomberg Intelligence

Other top holders of spot XRP ETFs include Citadel Advisors, Logan Stone Capital, and Marex Group. The unwavering institutional backing for XRP will influence the asset’s mainstream adoption catalyzed by its regulatory clarity in the United States.

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