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Citadel boosts bullish bets on XRP ETFs, driving XRP price up 10% amid growing institutional interest.

Market News
03 Sep 2026
Coingape
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Bullish
Citadel boosts bullish bets on XRP ETFs, driving XRP price up 10% amid growing institutional interest.

Ken Griffin’s Citadel Advisors significantly increased its holdings and call options in multiple XRP ETFs during Q2 2026, signaling a strong bullish outlook on XRP. The hedge fund added over 215,000 shares in REX-Osprey XRP ETF and increased call positions by over 700% in Volatility Shares’ 2x XRP ETF. This move aligns with broader institutional interest in XRP, supported by Ripple's advancements in tokenization and DeFi infrastructure. XRP price surged nearly 10% to $1.46 following these developments, reflecting growing market optimism.

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