Grayscale's CoinDesk Crypto 5 ETF reduced its XRP holdings by 27.1% from 16.87 million to 12.3 million tokens in fiscal 2026, as revealed in a recent SEC filing. The fair value of XRP in the fund fell sharply by 67%, from $39.14 million to $12.83 million, driven by fund redemptions, management fees, and a significant unrealized depreciation of $28 million. Despite the decline, XRP remains the fourth-largest asset in the ETF, comprising 4.15% of net assets. This reduction reflects portfolio adjustments and market conditions rather than a strategic exit from XRP by Grayscale, which continues to see potential growth in XRP ETF adoption.
XRP traded in a very narrow range around $1.30 on October 25, reflecting market caution ahead of the US Federal Reserve's interest rate decision scheduled for October 28. This tight trading range, the narrowest in October, indicates that investors ar...
Bitcoin's price slightly increased by 0.07% to $80,490 despite the total cryptocurrency market capitalization falling 3.52% to $2.69 trillion. Bitcoin dominance remains strong at 60%, while Ether and other major tokens like XRP, BNB, Solana, and Doge...
A crypto analyst's chart highlights that XRP's price is at a crucial point near $1.24, where it could either drop further or start recovering. The chart shows XRP recently trading around $1.26, with a bearish scenario if it falls below $1.24, targeti...
David Schwartz, Ripple's CTO emeritus, suggested that XRP could serve as a bridge connecting various Bitcoin representations on the XRP Ledger (XRPL). This means that wrapped or bridged Bitcoin tokens on XRPL might depend on XRP to transfer value bet...
Mastercard is partnering with XRPL Commons for the XRPL AI & Fintech Hackathon in New York, a 36-hour event with over $40,000 in prizes across four innovation tracks. Separately, Mastercard announced plans to support settlement using regulated stable...
