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.
XRP whale outflows on Binance have dropped to their lowest level in five years, with the 90-day average falling to $49.7 million, compared to $3.5 billion at the February 2025 peak when XRP traded near $3.30. This decline suggests reduced buying inte...
XRP has launched its official X (formerly Twitter) account and website, managed jointly by Ripple and the XRP Ledger Foundation (XRPLF). This marks the first dedicated social media presence for XRP in over a decade, aiming to provide clear updates, e...
XRP whale outflows from Binance have dropped to their lowest level in five years, with a 90-day moving average of $49.7 million, down nearly 99% from a $3.5 billion peak in February 2025. This decline suggests major investors are holding back, possib...
The dollar value of XRP transferred on the XRP Ledger recently reached about $49.7 billion, significantly higher than previous levels. This large transfer volume suggests potential price recovery but does not confirm actual buying or new money enteri...
Bitcoin's open interest increased by 2.17% to $7.79 billion as of October 19, leading among five major cryptocurrencies. Positive funding rates indicate that traders holding long positions are paying those with short positions, reflecting bullish sen...
