Bitwise's Solana Staking ETF reached $1 billion in assets under management, driven by its 5.8% annual yield from staking. In contrast, XRP ETFs have yet to hit the billion-dollar mark due to the XRP Ledger's lack of native staking and yield generation. XRP ETFs rely solely on spot demand, accumulating $1.44 billion collectively but spread across multiple funds. The growth of XRP ETFs to $1 billion will depend on increased long-term investor interest, as they cannot compete with staking-backed products on yield.
Trader DonAlt highlights Ethereum's clear technical setup, with ETH holding above a crucial $2,400 breakout level after rising about 30% since mid-August. This support level is key to maintaining the recent rally, with resistance near $2,816 offering...
Prediction markets indicate XRP will most likely trade between $1.30 and $1.50 on September 1, with a 45% chance of closing between $1.30 and $1.40 and a 36% chance between $1.40 and $1.50. This suggests traders expect XRP to stay within a stable ran...
After nine days of inflows totaling $3.04 billion, U.S. Spot Bitcoin ETFs recorded $201.81 million in outflows on August 28 as Bitcoin's price fell from $80K to around $78,275. Meanwhile, altcoin ETFs like Ethereum, XRP, and Solana continued to attra...
XRP has maintained its position above the crucial 200-day moving average after a strong rally from around $1.00 to nearly $1.70, currently trading near $1.39. This sustained support suggests a robust bullish trend, as sellers lack the volume to push ...
Ripple has appointed Joseph Thompson, former senior VP and head of treasury at the London Metal Exchange, to its trading and markets team to focus on tokenization strategy and delivery. Thompson brings nearly a decade of experience at LME and over 15...
