Daily News 19

Tag: XRP ETFs

  • Wall Street Flocks to XRP as Bloomberg Analyst Reveals Key Findings on Top XRP Investors

    Wall Street Flocks to XRP as Bloomberg Analyst Reveals Key Findings on Top XRP Investors

    Bitcoin and the broader cryptocurrency market rallied sharply in August, with BTC rising above $80,000 for the first time in months. XRP was among the altcoins to post significant gains during the period.

    Data shows that XRP’s price increased by approximately 40% between August 17 and August 31, rising from $0.99 to $1.38. However, total open interest in XRP futures fell by 16%, declining from 2.77 billion XRP to approximately 2.34 billion XRP.

    While open positions across the broader XRP futures market decreased, activity on the Chicago Mercantile Exchange (CME) moved in the opposite direction. CME open positions increased from 284 million XRP to 387 million XRP, representing a gain of approximately 36%.

    According to market analyst Omkar Godbole, the CME’s status as a regulated market used primarily by professional investors and asset managers makes the increase a potential signal of strengthening institutional interest in XRP.

    The shift in futures positioning comes ahead of the expected US Clarity Act vote, which would establish rules for the structure of the cryptocurrency market. The legislation is of particular interest to XRP and other digital assets, while market participants closely monitor the Senate’s procedural vote on the bill.

    Wall Street Interest in XRP ETFs Grows

    Despite continued volatility in XRP futures, US spot XRP ETFs maintained steady inflows.

    Bloomberg ETF analyst James Seyffart announced in a post on August 31 that cumulative net inflows into US spot XRP ETFs had reached $1.8 billion.

    Seyffart also noted that ETF flows have remained mostly positive since their launch, despite fluctuations in the price of XRP.

    Largest Institutional XRP ETF Holders

    After reviewing second-quarter 13F filings, Seyffart identified Goldman Sachs, Jane Street, and Millennium Management as some of the most prominent institutional investors in spot XRP ETFs.

    According to the chart shared by Seyffart, Goldman Sachs held the largest position, with $87.4 million invested in spot XRP ETFs. That represented an increase of $83.1 million from the previous quarter.

    Jane Street Group ranked second with $16.6 million, followed by Millennium Management with $16.2 million, Intesa Sanpaolo with $14.4 million, and Marex UK Holdings with $8.1 million.

    Advisors Lead XRP ETF Investor Groups

    Investment advisors stood out among the major XRP ETF investor groups. Seyffart’s report showed that advisors were among the largest holders of spot XRP ETFs during the second quarter and represented the most active investor group in allocating capital to these products.

    The data indicates that XRP ETFs are attracting interest from both individual investors and traditional financial institutions, suggesting that institutional participation in the products is continuing to expand.

    This is not investment advice.

  • CME Overtakes Binance as Largest XRP Futures Venue

    CME Overtakes Binance as Largest XRP Futures Venue

    CME has overtaken Binance to become the largest platform for XRP futures open interest, marking a notable shift in the cryptocurrency derivatives market.

    The change comes as institutional interest in XRP continues to grow, with sustained inflows into spot XRP exchange-traded funds (ETFs) providing further evidence of rising demand from professional investors.

    Source: cryptonews.net

  • BlackRock Drives $217M Bitcoin ETF Rebound as Altcoin Funds Extend Winning Streaks

    BlackRock Drives $217M Bitcoin ETF Rebound as Altcoin Funds Extend Winning Streaks

    US-listed spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Monday, led by BlackRock, while spot Ether, $XRP and Solana ETFs extended their positive streaks.

    Bitcoin ETFs recorded $216.7 million in net inflows, reversing Friday’s $201.8 million in outflows, according to SoSoValue. Friday’s withdrawals ended a nine-session inflow run that brought more than $3 billion into the funds.

    Bitcoin (BTC) was trading near $78,700 at the time of writing, up approximately 1.5% over the previous 24 hours, according to CoinGecko.

    BlackRock leads US spot Bitcoin ETF inflows

    BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounted for most of Monday’s rebound, attracting $205.9 million in net inflows. The figure represented approximately 95% of the total daily inflows across US spot Bitcoin ETFs, according to Farside Investors.

    Fidelity’s Wise Origin Bitcoin Fund (FBTC) recorded $6.9 million in inflows, while the Bitwise Bitcoin ETF (BITB) added $4.3 million. Morgan Stanley’s Bitcoin Trust attracted $3.6 million, and Grayscale’s Bitcoin Mini Trust recorded $9.4 million in inflows.

    VanEck’s Bitcoin ETF (HODL) was the only fund to post net outflows, recording $13.4 million in withdrawals. The remaining funds reported no flows.

    US spot Bitcoin ETF flows. Source: SoSoValue

    US spot Bitcoin ETF flows per fund. Source: Farside Investors

    Ether, $XRP and Solana ETFs extend inflow streaks

    Spot Ether ETFs attracted $87.7 million on Monday, extending their inflow streak to 11 consecutive trading sessions.

    BlackRock’s iShares Ethereum Trust ETF (ETHA) led the category with $59.9 million in inflows, followed by Grayscale’s Ethereum Mini Trust with $13.5 million and Fidelity’s Ethereum Fund with $9.3 million, according to Farside Investors.

    $XRP ETFs recorded $5.64 million in net inflows, marking their 10th consecutive positive session, according to SoSoValue. The funds have attracted capital during every US trading session since Aug. 18.

    Solana ETFs also posted a 10th straight session of inflows. However, daily inflows fell to $925,010 from $18.1 million on Friday, making Monday’s total the weakest of the current run.

  • Ripple Overtakes Kraken as Top Holding in NYSE-Traded C1 Fund Portfolio

    Ripple Overtakes Kraken as Top Holding in NYSE-Traded C1 Fund Portfolio

    Ripple Labs has become the largest holding in C1 Fund’s portfolio, accounting for 17.49% of net assets and moving ahead of Payward Inc., the parent company of Kraken, at 16.92%.

    C1 Fund had invested $41.3 million across 11 private digital-asset companies as of June 30, 2026, according to the fund’s second-quarter update. The fund trades on the New York Stock Exchange under the ticker CFND and focuses on secondary-market investments in late-stage private companies involved in digital-asset infrastructure and related services.

    Ripple Becomes C1 Fund’s Top Holding

    Ripple’s increased portfolio weighting was partly driven by a company share buyback. C1 Fund said the partial buyback generated a 141.5% return on the portion of its Ripple investment included in the transaction over approximately four months.

    The result reflects the return from the buyback rather than simply indicating that C1 Fund purchased additional Ripple shares during the quarter.

    Interest in private-market exposure to Ripple is also growing among traditional investment firms. Kinetics Internet Portfolio reported holding 1,875 Class A Ripple shares valued at approximately $246,319 as of June 30. The position represented about 0.1% of the fund’s $248.3 million in net assets and was classified as a Level 3 asset because Ripple remains a privately held company.

    Ripple equity and $XRP are separate investments. Ripple shares represent an ownership interest in the private company, while $XRP is a separate digital asset. Institutional participation in both markets nevertheless reflects broader acceptance of crypto-related financial products.

    Institutional Investors Increase $XRP ETF Exposure

    Institutional demand is also expanding through $XRP exchange-traded products. Goldman Sachs disclosed approximately $86.5 million invested across five spot $XRP ETFs as of June 30, after reporting no exposure to $XRP ETFs at the end of the previous quarter.

    The holdings included products from Bitwise, Franklin Templeton, Canary Capital, 21Shares and Grayscale.

    The wider digital-asset sector is also moving closer to the public markets. BitGo completed its initial public offering in January, while Kraken and Blockchain.com have confidentially filed IPO registration statements with the U.S. Securities and Exchange Commission, according to C1 Fund’s update.

  • Crypto ETFs Attract $2.07 Billion as Bitcoin and Ether Lead Weekly Inflows

    Crypto ETFs Attract $2.07 Billion as Bitcoin and Ether Lead Weekly Inflows

    Crypto ETF demand broadened this week as Bitcoin funds recorded $924.48 million in net inflows and Ether funds attracted $824.42 million. Capital also moved into altcoin ETFs, with Solana, $XRP and $HYPE funds posting positive flows in every trading session.

    Bitcoin ETFs record $924.48 million in weekly inflows

    Bitcoin ETFs received $337.56 million on Monday and $314.37 million on Tuesday. Inflows continued with $232.12 million on Wednesday and $242.24 million on Thursday, lifting combined assets above $100 billion for the first time in weeks.

    The streak ended on Friday with a $201.81 million outflow. The withdrawal closed a nine-session run of inflows worth roughly $3 billion and brought the weekly total to $924.48 million.

    BlackRock’s IBIT led the market with $938.3 million in weekly inflows. Grayscale’s Bitcoin Mini Trust added $81.9 million, Fidelity’s FBTC attracted $62 million and Morgan Stanley’s MSBT recorded $25.3 million.

    Outflows included $85.2 million from ARK 21Shares’ ARKB, $77.6 million from Grayscale’s GBTC and $16 million from Bitwise’s BITB.

    Bitcoin ETFs end August with net inflows worth $3.31 billion. Source: Sosovalue

    Ether ETF inflows reach $824.42 million

    Ether ETFs maintained stronger momentum throughout the week. Daily inflows increased from $115.57 million on Monday to $179.80 million on Tuesday, $192.35 million on Wednesday and $234.51 million on Thursday. A further $102 million entered the funds on Friday, taking the weekly total to $824.42 million.

    Macroeconomic conditions remained sensitive to interest-rate expectations. U.S. GDP grew at a 1.5% annualized pace in the second quarter, while July core PCE inflation remained at 3.3% year over year. Personal spending rose 0.2% during the month, keeping inflation data and Federal Reserve policy central to investor decisions.

    Solana, $XRP and $HYPE ETFs attract consistent demand

    The widening demand for altcoin ETFs was reflected in the weekly performance of Solana, $XRP and $HYPE funds.

    Solana ETFs attracted $153.87 million, more than five times the previous week’s $28.34 million and the second-largest weekly inflow since inception. Flows remained positive across all five trading sessions, while weekly turnover more than doubled to approximately $699 million. SOL ended near $103.41, around 14% above the previous week’s level.

    Solana ETFs delivered the second-biggest weekly inflow since inception. Source: Sosovalue

    $XRP ETFs recorded $110.49 million in inflows, compared with $39.78 million a week earlier. Positive creations were reported every day, and weekly trading turnover increased to approximately $363 million.

    $HYPE posted an even sharper acceleration. Weekly inflows reached $56.86 million, up from $3.89 million in the previous period, after five consecutive positive sessions. Assets ended the week near $439 million.

    The sustained daily inflows mark an important development for the altcoin ETF market. Previous weekly gains often relied on one or two strong sessions, but Solana, $XRP and $HYPE funds attracted new capital from Monday through Friday.

    Two consecutive weeks of more than $2 billion in combined crypto ETF inflows have placed institutional demand among its strongest stretches of the year. The latest data also indicates that investors are increasingly allocating capital beyond Bitcoin and Ether.

  • XRP Falls to $1.35: Why Dip Buyers Should Watch This Key Price Zone Next

    XRP Falls to $1.35: Why Dip Buyers Should Watch This Key Price Zone Next

    Ripple (XRP) has recorded a strong streak of inflows into its spot exchange-traded funds (ETFs), with more than $150 million entering the products across nine consecutive trading sessions since August 18, according to SoSoValue data.

    The latest ETF demand has renewed discussion of an XRP “super cycle,” following the cryptocurrency’s rally from $0.98 to $1.70 that began two weeks ago. XRP has since pulled back to approximately $1.35.

    Falling Exchange Reserves Support XRP Accumulation

    XRP reserves held on exchanges have declined steadily since March. The metric recently fell below its July low, signaling that accumulation may still be taking place as investors move tokens away from trading platforms.

    XRP Sharpe Ratio Reaches Highest Level Since August 2025

    The Sharpe Ratio measures an investment’s risk-adjusted return. Data from CryptoQuant shows that XRP’s Sharpe Ratio on Binance has risen to 0.207, its highest level since August 2025.

    The metric had recently remained near -0.3 while XRP traded toward the $1 level. The cryptocurrency’s renewed bullish momentum has contributed to the improvement in risk-adjusted returns.

    However, a stronger Sharpe Ratio does not guarantee a sustained price recovery. Even so, the continued spot ETF inflows and declining exchange reserves provide encouraging signals for XRP bulls.

    XRP Price Structure Turns More Bullish

    Daily XRP price action showed a sharp bullish move. The previously bearish swing structure was invalidated after the token broke above the July high near $1.18, marked by the dotted green line on the chart.

    At the time of writing, XRP was undergoing a pullback toward the $1.13-$1.25 range. This area could become an important zone for determining the cryptocurrency’s short-term direction.

    Short-Term XRP Bias Could Turn Bullish

    Crypto analyst Ali Martinez noted on X that XRP had broken above resistance from a descending trendline. As often happens with triangle patterns, however, the initial bullish breakout has since retraced.

    Despite the pullback, XRP’s short-term bias appears close to turning bullish. The retracement into the $1.13-$1.25 golden pocket remains in progress, while the $1.30 area continues to represent a key long-term support level.

    If XRP successfully tests these demand zones, buyers could regain control and drive the next leg of the price trend.

    XRP’s Sharpe Ratio has improved from approximately -0.3 in July to 0.207, its highest level since August 2025. Strong spot ETF demand, declining exchange reserves and a bullish shift in price structure have strengthened the outlook, with further gains from the $1.30 support area appearing possible.

  • Bitwise CEO Offers Crucial XRP Reality Check as Solana Fund Surpasses $1 Billion Threshold

    Bitwise CEO Offers Crucial XRP Reality Check as Solana Fund Surpasses $1 Billion Threshold

    The $XRP ETF market is expanding steadily, but no individual fund has yet joined the billion-dollar tier of crypto ETFs. The debate over the sector’s size intensified after Bitwise’s Solana Staking ETF (BSOL) reached $1 billion in assets under management (AUM) 10 months after launching.

    BSOL’s growth has been driven in part by its built-in annual yield of approximately 5.8%, generated through staking within the regulated ETF structure.

    Commenting on the milestone on X, Bitwise CEO Hunter Horsley said that only Bitcoin, Ethereum and Solana ETFs had crossed the $1 billion mark. After one commenter suggested the statistic was biased against $XRP, Horsley replied: “I’m not! There’s no $1B $XRP ETF yet!”

    SolanaEthereumBitcoin The only 3 crypto assets in the world with ETFs that have grown to $1B+ so far. https://t.co/wwslT0Ixie

    — Hunter Horsley (@HHorsley) August 30, 2026

    Why Solana ETFs have grown faster than $XRP ETFs

    Horsley’s comment highlights a key technological difference between Solana and the $XRP Ledger. Unlike Solana, the $XRP Ledger does not have native staking. All $XRP tokens were issued upfront, and the blockchain cannot create new tokens to distribute as staking rewards.

    A possible future alternative for funds is the native XRPL Lending Protocol, which is currently undergoing a validator vote. Until then, $XRP ETFs must rely entirely on demand for spot exposure.

    Monthly net inflows and asset growth for the Bitwise $XRP ETF through August 2026. Source: SoSoValue

    Investor demand remains strong. According to SoSoValue, U.S. spot $XRP ETFs have accumulated $1.44 billion in net assets, while cumulative inflows have reached $1.66 billion. By total capital, the $XRP ETF sector is already operating at a level comparable to leading crypto ETF markets.

    However, the lack of yield means that no individual $XRP fund has reached $1 billion in assets.

    Bitwise’s $XRP ETF currently leads the segment, controlling 44% of the market with $632.03 million in assets. Franklin Templeton’s XRPZ follows with $411.39 million, while Canary’s WAXRP holds $234.36 million. The remaining market share is divided between products from 21Shares and Grayscale.

    Recent Form 13F filings have confirmed growing participation by U.S. institutional investors in crypto ETFs. Based on its current assets, Bitwise’s standalone $XRP fund needs approximately $368 million in additional net assets to reach the $1 billion threshold.

    Solana’s performance suggests that pure spot exposure may grow more slowly than products supported by staking income. Whether an $XRP ETF can cross the billion-dollar mark will therefore depend entirely on sustained demand from long-term investors.

  • XRP ETFs Attract $153 Million in 9 Days: Is the Supercycle Still Alive?

    XRP ETFs Attract $153 Million in 9 Days: Is the Supercycle Still Alive?

    Ripple’s $XRP price has lost momentum after rallying alongside the broader cryptocurrency market. The altcoin is trading at approximately $1.38, down more than 8.50% over the past seven days.

    Despite the pullback, substantial inflows into spot Ripple ETFs this month suggest that bullish investors may be positioning for an $XRP supercycle. However, whale sentiment remains divided, with major traders taking both long and short positions.

    Spot $XRP ETFs record nine consecutive days of inflows

    Spot $XRP ETFs recorded nine consecutive days of inflows, including an August single-day high of $28.14 million. The products attracted more than $153.54 million during the streak, bringing total monthly inflows to approximately $157 million.

    With one day remaining before the month ends, $XRP ETFs are on track to record their third-best month since launch. Combined net inflows now represent 1.63% of the altcoin’s circulating supply.

    Source: SoSoValue

    Over the past 24 hours, spot $XRP ETFs recorded $26.20 million in net inflows. Bitwise led the group with $11.17 million, followed by Canary with $3.71 million, Franklin with $2.17 million, and 21Shares with $1.95 million. Grayscale recorded no activity.

    Whales remain divided over the $XRP price outlook

    Although spot Ripple ETF inflows point to the possibility of an approaching $XRP supercycle, large traders remain unconvinced. Data on the largest positions from Hyperliquid Wallet Analysis shows that some whales are betting on further gains while others are shorting the token.

    One whale has an unrealized profit of $8.89 million after purchasing 35 million $XRP with 10x leverage, for a position valued at $48.46 million. The liquidation price was $0.9364, and the position was showing a profit of more than 18%.

    Other long positions in the list were valued at $12.41 million and $9.27 million, both using 20x leverage.

    Source: CoinGlass

    In contrast, another whale opened a short position on 11.06 million $XRP valued at $15 million, using 5x leverage. The top 30 positions on Hyperliquid DEX were predominantly short, and most were profitable unless their entry price was below $1.38.

    Whale positioning indicates that major market participants have yet to reach a consensus on the potential for an $XRP supercycle.

    What do bulls need to do to trigger an $XRP supercycle?

    On the charts, $XRP was trading above a descending trendline and had formed a moving-average cross involving its 20-day and 50-day moving averages. However, the price is approaching those moving averages after falling from a peak of $1.70 to $1.38.

    Transaction volume is averaging 814.35 million $XRP, well below this year’s peak of 3.752 billion $XRP. At the same time, Bull Bear Power (BBP) bars were declining, pointing to weakening momentum.

    Source: $XRP/USDT on TradingView

    For the potential supercycle to remain intact, bulls must hold the price above the moving-average cross at $1.10. The current correction could represent a pause before the broader rally resumes.

    Final summary

    Spot $XRP ETFs recorded nine consecutive days of net inflows, lifting total monthly inflows to $157 million.

    Although $XRP was trading at $1.38, the potential supercycle remained intact unless the price fell below $1.10.