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.
XRP's price fell 8.28% over the past week to $1.38, pressured by bearish technical indicators and declining futures activity. The cryptocurrency struggles to hold its key support level around $1.30, with resistance near $1.45–$1.50 and potential reco...
About $803 million in leveraged cryptocurrency positions were liquidated within 24 hours ending early Oct. 13, driven by a sharp semiconductor selloff in Asia that pressured risk assets. Long positions made up 86% of the liquidations, impacting over ...
About $803 million in leveraged crypto positions were liquidated within 24 hours, with 86% of losses from bullish bets as bitcoin briefly dropped below $81,000. SanDisk perpetual futures saw $19.09 million liquidated, surpassing XRP, highlighting inc...
Bitcoin's price fluctuated sharply from $80,850 to nearly $83,500 within hours, causing around $810 million in crypto liquidations and impacting over 173,000 traders. Most liquidations were long positions, showing many bullish investors were caught o...
Bitcoin recovered above $83,000 after briefly dipping below $81,000, decoupling from a sharp sell-off in Asian chip stocks and weakness in Nasdaq futures. Elevated oil prices due to Middle East tensions raised inflation concerns, increasing the likel...
