Despite a broad crypto market downturn causing outflows from Bitcoin and Ethereum investment products, XRP funds continue to attract significant capital inflows. XRP ETFs have reached a new all-time high with over $1.43 billion in cumulative inflows, highlighting growing institutional interest. This divergence suggests that some investors view XRP as a more favorable asset during volatile periods, potentially boosting its role in regulated crypto investment products. The competition between fund managers Bitwise and Canary Capital underscores the rising demand for XRP exposure, which may influence future market dynamics.
XRP price rose nearly 4% to $1.1574, reaching a two-week high supported by Bitcoin's strength, whale accumulation, and $5.66 million inflows into XRP ETFs. Whale wallets increased holdings by 2.8%, while smaller holders reduced exposure. Additionally...
Fintech company RedotPay has introduced the RLUSD card, a new payment product powered by the XRP Ledger and linked to the Visa network. This card allows users to pledge XRP as collateral at a 50% loan-to-value ratio to access credit lines settled in ...
XRP has seen a 16% increase in trading volume alongside a surge in derivatives open interest, reaching $2.53 billion across major platforms. This rise in leveraged trading contrasts with a dormant spot market, suggesting traders are positioning for s...
Senate Republicans introduced an updated CLARITY Act aiming to clarify U.S. digital asset regulations, which could significantly benefit XRP and the XRP Ledger ecosystem. The bill maintains clear distinctions between digital assets and securities, en...
XRP has rallied over 3%, supported by whale accumulation and a technical breakout above $1.15, marking its strongest move since May. However, retail investors are reducing holdings, ETF inflows have cooled, and spot trading volumes have dropped signi...
