Ultra-Wealthy Families and Spot XRP ETFs Drive Assets Under Management Near $1 Billion Milestone

A significant shift in sentiment is underway among high-net-worth investors, as major family offices are actively increasing their XRP holdings, viewing the asset as a valuable, uncorrelated hedge. This trend runs parallel to the rapid expansion of assets under management (AUM) for spot XRP Exchange-Traded Funds (ETFs), which, as of early December 2025, are closing in on the $1 billion threshold.

Jake Claver, CEO of Digital Ascension Group, has confirmed that his firm is currently engaged in discussions regarding substantial XRP positions with influential entities. Claver points out a striking disparity in XRP Ledger (XRPL) ownership: of the roughly 8 million wallets on the XRPL, half hold fewer than 100 XRP. He contrasts this with Bitcoin's distribution, noting the low individual holdings. Claver suggests these ultra-wealthy families are positioning XRP as a long-term capital preservation vehicle rather than merely a speculative instrument.

Alongside this private accumulation, regulated institutional adoption is showing robust momentum. Spot XRP ETFs have recorded consecutive days of net capital inflows, experiencing zero days of outflows since mid-November 2025. The total net assets held within these funds have reached approximately $897.35 million, bringing them tantalizingly close to the coveted billion-dollar mark. Analysts consider this growth one of the swiftest among newly launched crypto funds. Since their debut in mid-November 2025, these ETFs have effectively locked up more than 400 million tokens.

Brad Garlinghouse, CEO of Ripple, has commented on the increasing engagement from institutional players who were previously hesitant due to regulatory uncertainty. He highlighted the importance of platforms like Ripple Prime, which became fully operational following the completion of the $1.25 billion acquisition of Hidden Road by October 2025. This strategic purchase established Ripple as the first crypto company to own a global multi-asset prime broker, thereby streamlining institutional access to digital assets through established, regulated clearing systems.

Mr. Claver connects the potential for sustained long-term XRP growth to the activation of sophisticated infrastructure on the XRPL, including treasury systems and new layers of compliance features. This underscores the belief that the current interest from both wealthy families and the ETFs is rooted in confidence regarding the network's future utility for large-scale financial operations. Consequently, by early December 2025, the XRP market is witnessing a convergence of private accumulation by the ultra-rich and public institutional inflow via ETFs, signaling a clear transition for the asset toward deeper integration within traditional financial frameworks.