Ultra-Wealthy Families Increasing XRP Holdings Amid Growing Interest

Key Insights:

Ultra-wealthy families are increasingly accumulating XRP, as noted by Jake Claver, CEO of Digital Ascension Group. These families view XRP as a form of insurance rather than a means to gain quick profits.
XRP ownership is limited, with only around 8 million wallets on the XRPL, half holding fewer than 100 XRP. This rarity contrasts with the broader ownership of Bitcoin.
Claver predicts that XRP could reach $10,000 by late 2026 or early 2027 if substantial infrastructure, such as institutional-grade utilities and compliance features, becomes active on the XRPL.
Spot XRP ETFs are nearing $1 billion in total net assets, having already absorbed approximately $897.35 million worth of XRP with no recorded outflows.
The growing interest in XRP among institutions indicates a shift, with entities now engaging due to reduced regulatory uncertainty.

This trend reflects a strategic move by wealthy investors to hedge against potential shocks in traditional markets, leveraging XRP's unique position and potential future utility.