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 is holding steady near $1.36 after a volatile week, supported by strong inflows into U.S.-listed XRP ETFs totaling $18.98 million from Sept. 8-10. This contrasts with Bitcoin and Ethereum ETFs, which saw significant outflows during the same perio...
Clearpool, an institutional lending protocol with over $965 million in loans originated, proposes migrating fully to the XRP Ledger. This includes swapping its CPOOL token for a new CLEAR token and launching RLUSD-denominated credit products backed b...
Ripple will unlock 1 billion XRP from its escrow on October 1, marking the 10th scheduled release in 2026. This monthly process, ongoing since 2017, aims to provide market transparency by releasing tokens on a fixed schedule. However, Ripple typicall...
Teucrium's proposed 2x Short Daily XRP ETF, designed to offer twice the inverse daily performance of XRP, has had its registration effectiveness delayed until October 11, 2026, according to a recent SEC filing. This delay pushes back the official lau...
Ethereum's price briefly surged to $2,665 on September 11, driven by a significant inflow of $216 million into Ethereum ETFs, the highest since late August. This rise occurred despite Goldman Sachs' warning of a likely 25 basis point rate hike by the...
