21Shares has changed the pricing benchmark for its U.S. XRP exchange-traded fund (ETF) TOXR from the CME CF XRP-Dollar Reference Rate to the FTSE XRP Index, effective August 27. This change affects only the pricing methodology and does not alter the fund’s XRP holdings, custody, or investment strategy. TOXR, which holds about $149.7 million in assets, aims to align with other 21Shares products and simplify operations for institutional investors. The move coincides with growing demand and trading volume for U.S. spot XRP ETFs, highlighting XRP's increasing role in regulated investment portfolios.
XRP's futures market is experiencing intense activity with both bulls and bears facing significant liquidations around the $1.43 to $1.60 price range. Binance traders are heavily leveraged, leading to over $13 million in liquidations in 24 hours, spl...
Rich, host of Common Sense Crypto, considers XRP trading above $3.40 a conservative estimate given upcoming regulatory decisions, tokenization growth, and potential ETF demand. He challenges market cap limits on XRP's price, emphasizing its role in p...
Ripple is urging the XRP Ledger community to withdraw the long-standing XChainBridge (XLS-38) amendment, which was designed to enable cross-chain bridging on the network. The company cites a lack of developer demand and the fact that Axelar's network...
Despite record $1.566 billion inflows into XRP ETFs, XRP's price has pulled back, showing a supply-demand imbalance and cautious investor sentiment. Institutional interest remains, but price fluctuations are driven by ETF flows, whale accumulation, a...
As XRP's price surged to $1.5, AI agents on the XRP Ledger shifted their on-chain transactions towards Ripple's USD stablecoin, RLUSD, increasing its volume by 103% over seven days. This move helps AI systems hedge against XRP's price volatility, mai...
