XRP ETFs Cross $1B as Investors Favor Familiar Crypto Names
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CF Benchmarks CEO Sui Chung spoke to CNBC on Wednesday. Source: CNBCXRP exchange-traded funds have surpassed $1 billion in assets under management, reflecting growing demand from mainstream investors seeking familiar crypto exposure.
According to CF Benchmarks CEO Sui Chung, XRP’s long history in crypto markets gives it an edge over newer tokens. Many investors are more comfortable allocating capital to assets they recognize, especially amid volatility in Bitcoin and Ether ETFs. This familiarity, combined with solid long-term performance, continues to drive steady ETF inflows.