Several U.S. wealth advisers, including Gerber and Gallacher Capital Management, have recently disclosed new positions in XRP exchange-traded funds (ETFs), signaling growing institutional interest. These advisers hold shares in Franklin and Canary XRP ETFs, among others, contributing to a broader professional investor base engaging with regulated XRP products. Since their launch in November, U.S. spot XRP ETFs have attracted about $1.5 billion in net inflows, with Franklin Templeton’s XRPZ fund notably seeing fresh inflows and managing over $254 million. Despite some price volatility in the crypto market, continued adviser participation and positive inflows suggest expanding institutional demand for XRP ETFs, which could support the asset's price going forward.
The XRP Ledger is approaching a milestone of 200,000 daily active users, reaching about 190,800 recently. This marks a significant recovery in user engagement after earlier struggles to maintain even 100,000 users following market corrections. Increa...
An analyst suggests banks might integrate Ripple's XRP payment technology within three weeks once regulatory clarity improves, potentially driven by the proposed CLARITY Act. The adoption could involve banks holding XRP for settlement and liquidity, ...
Bitcoin and Ethereum saw modest price increases while their combined market dominance slightly declined, signaling a potential rotation of capital into major altcoins like BNB, Solana, and XRP. Despite a cautious market tone and a drop in derivatives...
Whale transfers of XRP on Binance have sharply declined, with inflows dropping to about 3.6 million XRP monthly, the lowest on record. This reduction in large transactions has eased selling pressure, helping XRP hold above $1.04 despite a 72% drop fr...
Evernorth Holdings, preparing for its Nasdaq listing under the ticker XRPN, disclosed executive pay with 50% target bonuses and multimillion-dollar equity awards. Despite a $38 million impairment loss due to XRP price drops, the company holds 473 mil...
