XRP's price dropped 2.46% to about $1.38, approaching a key support level at $1.37, despite strong institutional demand through XRP ETFs. U.S. XRP ETFs saw $26.20 million in net inflows on August 28, continuing a nine-day streak and totaling $110.49 million for the week, the highest since December 2025. Evernorth, a Ripple-backed company holding significant XRP, received SEC approval for a Nasdaq listing via merger, with a shareholder vote set for September 30. Technically, if XRP falls below $1.37, it could drop further to $1.27, but if buyers hold, a recovery toward $1.57 is possible.
Bitwise, a leading asset manager, has purchased $15.4 million worth of XRP even as the cryptocurrency's recent price momentum weakens. This continued buying streak highlights sustained institutional interest in XRP, despite its price retreating to ar...
Ripple has appointed Joseph Thompson, former senior VP and head of treasury at the London Metal Exchange, to its Trading and Markets team. Thompson will support Ripple's expansion into tokenized real-world assets and integration of blockchain with tr...
Bitwise, a leading asset manager, purchased $15.4 million worth of XRP despite the token's recent price reversal from a bullish rally. This move highlights growing institutional demand for XRP, supported by steady inflows into XRP ETFs over the past ...
U.S. spot XRP ETFs recorded their strongest weekly inflow of 2026, attracting $110.49 million in net inflows during the week ending Aug. 28, more than doubling the previous high. Cumulative inflows reached about $1.66 billion, with total net assets a...
Ripple has appointed Joseph Thompson, a senior treasury executive from the London Metal Exchange, to its Trading and Markets team as it expands into institutional trading, tokenization, and corporate finance. This hire brings expertise from a major c...
