Bitwise launched its first tokenized fund, the $259 million Bitwise Crypto Carry Fund (USCC), featuring XRP alongside Bitcoin, Ether, and Solana as equal assets. The fund uses a market-neutral basis trade strategy, buying spot assets and shorting futures to generate yield from price differences rather than price appreciation, currently yielding about 4% annualized over 30 days. Tokenized on the FundOS platform, USCC shares are liquid and accepted by major DeFi protocols, allowing institutional investors to use fund shares as collateral. The fund is private, targeting qualified investors, and complements Bitwise's XRP ETF that attracts traditional Wall Street capital.
GraniteShares ETF Trust filed an amendment with the SEC to delay the effective date for registration changes of eight proposed crypto ETFs, including two linked to XRP, until November 30, 2026. The amendment also covers long and short daily funds tie...
BNY Mellon has expanded its digital asset custody platform to include XRP and Ripple's RLUSD stablecoin, allowing institutional clients to securely hold and manage these assets. This move builds on BNY's existing role as RLUSD's primary reserve custo...
XRP whales, defined as wallets holding at least 10 million XRP, have increased their holdings to 46.87 billion tokens, representing about 73.99% of the circulating supply, the highest since November 2022. This accumulation comes despite a multi-year ...
Robinhood has expanded its partnership with Ripple by integrating Ripple Treasury into its global treasury operations, combining traditional and blockchain-based money management. The deal also introduces RLUSD, Ripple's USD-backed stablecoin, on Rob...
Hyperliquid has nearly matched XRP Ledger's stablecoin inflows, attracting $34.1 million compared to XRP's $34.4 million in 24 hours, signaling fierce competition in tokenized real-world assets. Ripple secured final approval for its national trust ba...
