XRP's spot exchange-traded funds (ETFs), led by Bitwise, have attracted over $110 million in weekly inflows, pushing assets under management above $507 million. This institutional demand supports XRP even as its price momentum slows after a strong 37% gain in August following Ripple's regulatory settlement. The token traded around $1.36-$1.37, below the $1.70 resistance level, and fell about 7% in the prior week amid leveraged position unwinding. Investors await a September 11 XRP Ledger upgrade that could enhance network features and potentially boost institutional use, serving as a key catalyst for future price moves.
Hyperliquid (HYPE) has been added to the regulated Nasdaq CME Crypto Index, joining major cryptocurrencies like Bitcoin and XRP following a quarterly rebalancing approved by the SEC. Hyperliquid debuted with a 3.36% weighting, close to Solana's 3.79%...
XRP's price remained stable around $1.38 even as U.S. Treasury yields surged to their highest in 19 months and expectations for a Federal Reserve rate hike in September increased to 68%. Despite strong institutional demand with record weekly inflows ...
Institutional investments in spot XRP ETFs have surged to $1.6 billion with nine consecutive days of inflows, even as XRP's price dipped nearly 6% this week to $1.37. This trend reflects growing institutional interest in altcoins following the approv...
In September, Ripple unlocked 1 billion XRP from its escrow accounts through three transactions, reducing the active escrow balance to about 31.28 billion XRP from 32.28 billion. This monthly unlocking is part of Ripple's scheduled release under time...
Despite a traditional market selloff triggered by the Fed's hawkish stance, crypto whales are rotating capital from Bitcoin into altcoins like XRP and Solana, with record inflows into their ETFs reaching $110 million and $154 million respectively. Bi...
