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CoinShare's latest 2025 fund flow summary shows that XRP has become the third-largest cryptocurrency by purchase volume through spot ETFs, ETPs, and other investment tools. This achievement is particularly noteworthy—especially considering that XRP spot ETFs only launched in the last two months of 2025. The US market accounts for over 90% of the total trading volume, giving this data more weight. From a fund flow perspective, XRP's ability to rank in the top three reflects investors' actual demand for this asset and market confidence. The launch of ETFs has further lowered the entry barriers for institutions and retail investors and may continue to drive further capital inflows.