The ProShares Ultra XRP ETF (UXRP), which aims to deliver twice the daily performance of the Bloomberg XRP Index, has lost more than 94% of its value since its launch in July 2025. As of August 2026, the ETF trades near $10.30, down roughly 95.5% from its 52-week peak of $231.20. This steep decline is due to the ETF's daily leverage reset mechanism, which causes long-term returns to diverge significantly from the underlying XRP asset, especially in volatile markets. Meanwhile, spot XRP ETFs also face pressure, with major products losing over 40% year-to-date amid a prolonged XRP correction, though they still attract modest inflows from investors seeking regulated XRP exposure.
The total value of the crypto market fell 5.41% to $2.29 trillion by Saturday morning, driven by declines in Bitcoin and five other major cryptocurrencies. Bitcoin dropped 3.23% to $66,969, while Ether, XRP, BNB, Solana, and Dogecoin also saw losses,...
Tokens traded in Korea like XRP, ONDO, and WLD have much higher domestic trading shares compared to overseas, with ONDO's domestic share 24 times larger than overseas. Despite strong domestic interest, all top 10 tokens on Korea's interest index post...
Ripple plans to unlock 1 billion XRP from escrow on December 1, marking the last scheduled monthly release for 2026. Although 1 billion XRP will become available, Ripple typically returns much of these tokens to escrow, limiting new XRP circulation. ...
US spot XRP ETFs experienced their largest weekly outflow in 8 months, losing $19.13 million in the week ending November 13, coinciding with XRP's price falling below $1. XRP has declined about 20% so far in November, and historical data suggests Dec...
XRP ETFs have reached their one-year anniversary since launching in the U.S., having accumulated about 1.16 billion XRP. Despite limited price growth, this milestone highlights increasing institutional adoption and interest in XRP investment products...
