$XRP ETFs Cross $1B in Assets
XRP-focused ETFs have recently passed $1B in total assets. ETFs allow investors to gain exposure to an asset through regulated financial products, which is why they are often used by institutions.
At the same time, development on the XRP Ledger continues. A Tokyo-based fintech has launched a trade finance platform designed for cross-border settlements and automated escrow.
Notably, the project was built independently of Ripple, showing that third-party teams are also building on the XRPL ecosystem.
Even when prices move sideways, changes in institutional participation and real-world applications can provide useful context for understanding how a crypto network is evolving.