Trading volume in Bitwise's XRP exchange-traded fund (ETF) exceeded $200 million over three consecutive sessions ending August 24, 2026, marking the fund's busiest period since its November 2025 launch. The surge in activity coincided with a sharp recovery in XRP's price, boosted by the U.S. Treasury's announcement to double long-end buyback operations. As of August 23, the fund held about 328 million XRP valued at $484.6 million. While the high trading volume reflects active secondary market turnover, it does not indicate net inflows into the fund. The ETF provides investors access to XRP through traditional brokerage accounts, with shares representing proportional exposure to the underlying digital asset held in custody.
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...
XRP/USD pulled back to $1.2735 from near $1.65, with technical analysis showing a wave 2 decline on Elliott Wave count. The Relative Strength Index (RSI) hit 31.76, indicating the token is near oversold territory but showing a bullish divergence wher...
At the XRPL Commons Hackathon in New York, Mastercard representatives reportedly praised Ripple's RLUSD stablecoin during a partner pitch session, according to an attendee's account. The event, held on October 24–25, featured Mastercard as a partner ...
Twelve large XRP wallets have started distributing their holdings, causing a 50 million token influx on exchanges that threatens the price support established since August. This coordinated sell-off by whales reduces the number of wallets holding 10 ...
