Jane Street dramatically increased its holdings in the Bitwise XRP ETF by about 60 times in the second quarter of 2026, owning over 1.2 million shares by June 30. Other major institutions like Wells Fargo also disclosed multi-million dollar positions in the same ETF, signaling growing Wall Street interest in regulated XRP products. However, these filings do not clarify whether the investments are long-term bets or short-term trading positions. The broader trend shows expanding institutional distribution of XRP ETFs, which could influence future market demand and price movements if sustained.
XRP's derivatives trading volume surged to $11.37 billion on August 22, the highest since February, coinciding with a 57% price rebound from about $0.90 in mid-August to $1.41 by September 7. This increase in futures activity and leverage, especially...
Ripple has moved 1,363,614.85 RLUSD stablecoins from the XRP Ledger to the Ethereum blockchain by burning the tokens on XRP and minting the same amount on Ethereum. This cross-chain repositioning likely aims to expand RLUSD liquidity across supported...
Open interest in altcoin perpetual futures exceeded Bitcoin's on September 6, 2026, marking the first time since December 2024. This shift is driven by strong gains in mid-cap altcoins like Zcash, whose open interest hit a record $2.4 billion as its ...
XRP is trading near $1.41 with a market cap of $88.47 billion and shows a bullish trend as it holds above key moving averages. Analyst EGRAG CRYPTO's Elliott Wave analysis suggests possible long-term price targets ranging from $6.19 to $27, depending...
XRP futures trading volume reached a 6-month high driven by large investors (whales) accumulating positions ahead of the critical September 15 Senate vote. This surge coincides with institutional inflows into US spot XRP ETFs totaling $18.96 million,...
