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.
BlackRock has chosen not to launch XRP or other altcoin ETFs, concentrating instead on Bitcoin and Ethereum, which it views as more liquid and profitable. Industry experts consider this a risky move, but BlackRock prefers to wait until the XRP ETF ma...
XRP experienced a 7% price pullback to around $1.40 after a strong 53% rise last week, raising questions about its next move. Large whale outflows from Binance hit a six-month high with 231 million XRP withdrawn, suggesting possible market manipulati...
Mastercard will sponsor the XRP Ledger Hackathon on October 24-25, focusing on payment projects using the XRP Ledger network, just before Ripple Swell 2026. This sponsorship highlights Mastercard's expanding involvement in crypto, including partnersh...
XRP's price fell to around $1.41 after reaching nearly $1.70 last week, though it remains up over 27% in seven days. The decline reflects pressure from high leveraged positions on Binance, which hit a peak since January, and significant long position...
Ripple's RLUSD stablecoin crossed a $2 billion market capitalization less than two years after its December 2024 launch, with nearly half issued on the XRP Ledger and slightly more on Ethereum. The stablecoin is backed by cash reserves held under New...
