[XRP Spot ETF Attracts Over $1 Billion, Some Institutions Still View It as a Meme Coin] Since its launch in November 2025, the XRP Spot ETF has accumulated over $1 billion in funds. However, some analysts predict that the hype may not last. Brian Huang, co-founder of the investment platform Glider, stated that the lack of ecosystem builders for XRP limits its growth potential. Additionally, most major institutions do not regard Ripple-associated XRP as a serious project and may be unwilling to hold XRP, considering it a Meme coin.