A major asset manager overseeing $1.9 trillion is preparing to launch an XRP exchange-traded fund (ETF), enabling retirement and institutional investors who cannot hold XRP directly to gain exposure through a regulated product. This ETF structure allows investors to buy shares representing XRP without managing wallets or crypto exchanges, making it compliant with mandates that restrict direct crypto custody. Experts note that while ETF inflows can boost demand, they do not guarantee price increases, but the entry of such a large retirement-focused firm signals growing institutional interest beyond crypto-native investors. The shift could bring more stable, long-term holders to the XRP market, changing its ownership dynamics.
XRP price recovered to $1.30 on October 25, gaining 1.56% in 24 hours, yet remains nearly 17% lower over the past month. Large XRP holders (whales) have reduced their holdings, with wallets holding 10-100 million XRP dropping from 351 to 339, while e...
XRP and SHIB topped the Korean cryptocurrency interest index at 84.3 points, with XRP accounting for nearly 16% of Korean trading volume. ONDO displayed the highest concentration of trading in Korea relative to global markets, with its Korean trading...
XRP faces potential downside risk as large holders reduce their XRP wallets from 351 to 339, signaling increased selling pressure. Meanwhile, XRP held on exchanges rose by about 50 million tokens, further indicating possible supply growth. Analyst Al...
Open interest decreased over 24 hours for five major cryptocurrencies, with Solana experiencing the largest drop at 3.62%. XRP recorded the highest perpetual-futures funding rate at 0.0100% every eight hours, equivalent to 10.9% annualized, indicatin...
On October 25, XRP's dollar-margin long position share fell by 3.97 percentage points to 66%, marking the largest decline among five tracked assets including Bitcoin, Ethereum, Solana, and Dogecoin. Meanwhile, Ethereum's dollar-margin long account sh...
