Bitwise, a leading asset manager, has purchased $15.4 million worth of XRP even as the cryptocurrency's recent price momentum weakens. This continued buying streak highlights sustained institutional interest in XRP, despite its price retreating to around $1.30 and a 2% decline in 24 hours. The move suggests that large investors remain confident in XRP's long-term potential, supported by steady inflows into XRP ETFs. Investors are watching if this institutional demand can help stabilize and boost XRP's price after recent volatility.
XRP's price dropped 2.46% to about $1.38, approaching a key support level at $1.37, despite strong institutional demand through XRP ETFs. U.S. XRP ETFs saw $26.20 million in net inflows on August 28, continuing a nine-day streak and totaling $110.49 ...
Ripple has appointed Joseph Thompson, former senior VP and head of treasury at the London Metal Exchange, to its Trading and Markets team. Thompson will support Ripple's expansion into tokenized real-world assets and integration of blockchain with tr...
Bitwise, a leading asset manager, purchased $15.4 million worth of XRP despite the token's recent price reversal from a bullish rally. This move highlights growing institutional demand for XRP, supported by steady inflows into XRP ETFs over the past ...
U.S. spot XRP ETFs recorded their strongest weekly inflow of 2026, attracting $110.49 million in net inflows during the week ending Aug. 28, more than doubling the previous high. Cumulative inflows reached about $1.66 billion, with total net assets a...
Ripple has appointed Joseph Thompson, a senior treasury executive from the London Metal Exchange, to its Trading and Markets team as it expands into institutional trading, tokenization, and corporate finance. This hire brings expertise from a major c...
