Lookonchain APP

App Store

The XRP Spot ETF has attracted over $1 billion in assets under management. Some institutional investors still remain skeptical and consider it a meme coin.

2026.01.10 11:08:19

January 10 As of January 10, the XRP spot ETF has drawn over $1 billion in inflows since its launch in November 2025—but some analysts warn the current enthusiasm may not last. Brian Huang, co-founder of investment platform Glider, noted: “The core of investing boils down to growth potential and which builders are building on the blockchain. When we look at the builders a16z is betting on, XRP doesn’t even crack the list.” Huang’s skepticism stems from a lack of builders in XRP’s ecosystem. “Builders creating infrastructure and apps drive ecosystem growth and boost the value of the underlying token,” he explained. “Without builders, XRP’s growth will be extremely limited. Most big institutions don’t even view Ripple-linked XRP as a serious project—and the institutional investors who hold most crypto ETFs may be reluctant to add XRP, since they see it as a meme coin.”
Relevant content

Brad Lightcap, head of special projects at OpenAI, is set to depart.

According to a report from The Information, Brad Lightcap, head of special projects and former chief operating officer (COO) of OpenAI, is set to leave the company. Over the past year, Lightcap’s internal responsibilities at OpenAI have undergone multiple adjustments, with his latest role being leading "special projects". A long-time core member of OpenAI’s management team, Lightcap shifted from his COO position to lead special projects in early 2026 during an executive reshuffle, overseeing cross-company matters including complex transactions and strategic investments, and reporting directly to CEO Sam Altman. His departure comes as OpenAI continues to expand its commercialization efforts, advance enterprise business and strategic partnerships. The company has previously implemented multiple rounds of organizational restructuring, including transferring some COO responsibilities to other executives. Brad Lightcap joined OpenAI in 2018, and prior to that held roles at Y Combinator and JPMorgan Chase. He was one of the key operations and business leaders during OpenAI’s transition from a research institute to a commercial AI company.

10 minutes ago

Fed's Goolsbee: The biggest problem facing the economy is inflation

Federal Reserve's Goolsbee said that as long as consumption remains robust, the economy will stay healthy. The biggest problem facing the economy is inflation. (Jinshi)

10 minutes ago

Market News: ZoomInfo Data Now Integrated into Microsoft Copilot Studio

According to market reports, ZoomInfo data has now been integrated into Microsoft Copilot Studio, and is available for use in Microsoft 365 Copilot, Dynamics 365, Excel, and Word.

10 minutes ago

OpenAI Special Projects Lead Brad Lightcap to Step Down

According to a report from The Information, Brad Lightcap, OpenAI’s head of special projects and former chief operating officer, is set to leave the company.

10 minutes ago

US Energy Information Administration: The ongoing disruption to Middle East crude oil production, estimated at around 600,000 barrels per day, is expected to persist until the end of 2027.

The U.S. Energy Information Administration (EIA) forecasts that the ongoing disruption to Middle East crude oil production, at roughly 600,000 barrels per day, will persist until the end of 2027.

10 minutes ago

SpaceX's decline widened to 5%, hitting a new daily low.

According to market data from BIT (bit.com), SpaceX’s price drop has widened to 5%, currently trading at $131.97, hitting a new daily low.

10 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano