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65M+ Revolut Users Can Now Buy Bitcoin Directly in Trust Wallet

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European crypto users will soon have a faster and more streamlined route to digital assets thanks to a new partnership between Revolut and Binance-owned Trust Wallet. 

The companies announced on Thursday that Trust Wallet users across Europe can now purchase cryptocurrency directly through RevolutPay. This addition builds on existing payment options, which include debit cards, credit cards, and bank transfers.

The integration is designed to simplify on-ramps while preserving user control. According to both firms, funds can be transferred into a user’s wallet instantly. Additionally, depending on the payment method, certain transactions may incur zero fees.

Notably, the system bypasses centralized exchanges entirely, i.e., instead of depositing money into an exchange account, users receive their purchased tokens immediately in Trust Wallet, a self-custodial platform with over 220 million users.

65M+ Revolut Users Can Now Buy BTC on Trust Wallet

In its announcement on X, Trust Wallet highlighted that Revolut’s 65 million users can buy crypto like Bitcoin directly in its leading wallet. In particular, the service supports Bitcoin, Ethereum, Solana, USDC, and USDT at launch. Revolut and Trust Wallet plan to expand this selection over time.

Part of Revolut’s Broader Crypto Push

The initiative reflects Revolut’s broader ambition to deepen its footprint in digital assets. Just last month, the London-based fintech hit a $75 billion valuation in a secondary share sale backed by major investors including Fidelity, Coatue, and NVIDIA’s NVentures.

Around the same time, Revolut secured a MiCA license through Cyprus, granting it regulatory approval to offer crypto services throughout the European Economic Area. The company has also obtained new banking licenses in Mexico and Colombia, extending its global footprint.

These milestones come amid strong financial results. The company reported $4 billion in revenue and $1.4 billion in pre-tax profit for 2024, underlining its rapid global growth.

In November, Revolut partnered with Polygon Labs to support remittances via the Polygon blockchain using USDT, USDC, and POL. This project highlights the company’s interest in cross-border transfers and blockchain infrastructure.

Binance’s CZ: $1M in Bitcoin Beats $1,000 a Week for Life

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A viral story about a 20-year-old lottery champion abandoning a $1 million sum in favor of a $1,000-per-week lifetime annuity has attracted global attention.

Binance founder Changpeng “CZ” Zhao has joined the discussion with a crypto perspective. CZ suggested the young winner would have been “better off” taking the lump sum and investing it in Bitcoin or BNB.

With Bitcoin hovering around $90,000 and BNB at $865, CZ implied that the long-term upside of crypto far outweighs the safety of fixed, modest weekly payments.

The Lottery Winner’s Decision

Notably, the situation centers on Brenda Aubin-Vega, a 20-year-old from Montreal who scratched a Gagnant à Vie (“Winner for Life”) ticket and hit the top prize: $1,000 every week for the rest of her life.

Shocked by the win, she chose the lifetime annuity instead of the $1 million upfront payment. Aubin-Vega said the steady income feels “safer” and provides long-term peace of mind, especially as she hopes to buy a home in the future.

At $1,000 per week, she would reach the $1 million mark in roughly 19 years. By this time, she will be close to 40.

If invested at a modest 5% rate, the weekly payments could accumulate to a future value of $1 million in about 13 years, or even $2 million in 21 years.

Meanwhile, commentators argue that the lump sum offers them immediate control over the prize’s full financial potential.

Crypto Changes the Equation

CZ’s argument centers on opportunity cost. Specifically, holding $1 million in appreciating assets like BTC or BNB could become more valuable over the decades.

His scenario assumes the winner could take the $1 million lump sum, invest it in Bitcoin or BNB, withdraw $1,000 weekly for living expenses, and still end up with a portfolio worth several million dollars over time.

This view relies heavily on the belief that Bitcoin could reach, and surpass, $1 million in the coming years. In particular, industry leaders like Cathie Wood and Michael Saylor have said BTC’s price could reach $1 million per coin by 2030. Saylor even has a 2045 price of $13 million per coin.

Effectively, these projected outcomes could multiply today’s $1 million many times over into tens of millions of dollars.

Security vs. Growth

Indeed, the lottery decision has stirred a major online controversy. Some people say Brenda made the safe, sensible choice by opting for a guaranteed income for life with no stress or investment work. Notably, her decision effectively provides a $4,000 monthly salary for life.

Meanwhile, others argue she gave up the chance to earn far more in the long run, given her young age. Critics also point out that her $1,000 weekly payment could lose purchasing power due to inflation over time.

CZ’s crypto-focused angle suggests that digital assets could offer a more inflation-resistant alternative to a fixed fiat payout.

He also framed her choice in terms of an extremely long time horizon. Assuming she lives another 100 years, withdrawing $1,000 every week amounts to around $5 million total.

In his view, the potential gains from diligently investing a $1 million lump sum in crypto could still surpass that amount.

Coinbase Launches DEX Trading, Allowing 100M Users Access to All Solana Assets

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Solana strikes a major expansion deal with Coinbase, allowing users of the US-based exchange access to trade Solana-native tokens instantly.

The news came in hot at the ongoing Solana Breakpoint conference, with Solana’s official X account confirming this. The partnership gives visibility to every Solana token, enabling Coinbase’s over 100 million users access to them even without an official listing.

Every Solana Token Now on Coinbase

Specifically, Coinbase protocol specialist Andrew Allen announced today the launch of DEX trading, a platform that gives users access to the “millions of tokens” launched on-chain daily. This specific expansion to Solana gives customers early access to all tokens based on the network.

Users can trade Solana-native tokens even without listing, giving them early access. As long as the tokens meet specific liquidity requirements, they will appear on the DEX trading platform accessible to over 100 million Coinbase customers.

Notably, this builds on an earlier decentralized exchange trading rollout for the Base network in October. US users, excluding New York residents, received access to tokens on Base upon launch and before being considered for traditional exchange listings.

Liquidity Boost and Early Trade Opportunities

Importantly, this will provide tons of opportunities for Coinbase, its users, and the Solana ecosystem. For developers, it offers instant liquidity perks, exposing their projects to the large user base of the top exchange. This is particularly beneficial for smaller projects, providing the exposure needed to advance their initiatives.

For Coinbase users, it will give them early access to Solana tokens, allowing them to explore the small-cap opportunities before other exchanges notice. Their incorporation in the Coinbase app also makes this trading experience seamless for users.

Meanwhile, the debut further strengthens Coinbase’s user appeal, positioning it as one of the top exchanges supporting innovations. Its strategic expansion into Solana, one of the most widely used networks in the crypto space, would increase its adoption.

Major Breakpoint Announcements

Notably, the Coinbase announcement is just one of the major disclosures at the ongoing Solana Breakpoint event. 

In addition to this, the Solana Foundation announced a partnership with Blockworks to launch Lightspeed IR. This will be the first dedicated investor relations platform, providing institutions with the analytical tools needed for profitable crypto exposure.

Among others, Solana also disclosed that Marketnode and Lion Global investors will be tokenizing their Singapore-vaulted gold fund on its network. This comes after a similar announcement for Bhutan.

The annual Solana Breakpoint event started today in Abu Dhabi and will run through December 13, featuring top industry figures such as Circle CEO Jeremy Allaire and Bybit CEO Ben Zhou.

Can Bitcoin Rebound After Falling Below Key Fib Support?

Bitcoin has fallen below a key Fibonacci level, but a recent Golden Cross signals potential for a rebound.

Bitcoin (BTC) has experienced a 2.3% drop in the last 24 hours, currently trading at $90,230, with the price fluctuating between $89,623.50 and $94,177.16 during this period. The premier crypto asset has shown a 3.5% decline over the past week. Additionally, Bitcoin’s 30-day performance shows a 14.1% drop, and its one-year performance remains negative, with an 8.0% decrease.

Given the recent price action and the broader market sentiment, Bitcoin is facing key resistance around the $94,000 mark, while the $89,600 level could serve as immediate support.

The market’s reaction to the Fed’s recent interest rate cut suggests that investor sentiment still remains cautious, with Bitcoin and other cryptos struggling to gain traction despite the favorable macroeconomic policy. As Bitcoin continues to trade within this range, it remains to be seen whether it can find support or if it will face further upward pressure.

Will Bitcoin Find Support?

Bitcoin is currently testing key Fibonacci retracement levels that earlier provided support and resistance zones. The price has recently retraced below the 0.236 level at $90,959.88, which acted as immediate support. 

Bitcoin 1-Day Price Chart
Bitcoin 1-Day Price Chart

Notably, the 0.382 level at $88,969.23 serves as the next potential support. A failure to maintain above these levels could push Bitcoin further down, with the 0.5 Fibonacci level around $87,363.58 acting as the next critical support.

Further, the Stochastic RSI reading of 86.94 indicates that Bitcoin is losing momentum, suggesting a possible cooling off or consolidation before any significant upward movement. 

Should Bitcoin close below the 0.236 level, the next major support zone lies around $85,757.92 (0.618 level). On the flip side, a close above the 0.236 level could push Bitcoin toward the higher resistance above $94,000. 

Bitcoin Flushes Another Golden Cross

Elsewhere, analyst Merlijn The Trader highlights that Bitcoin has just flashed another Golden Cross, marking the fifth occurrence of this signal. In his analysis, he points out that the previous four Golden Crosses have resulted in explosive price increases, with Bitcoin seeing significant pumps of 87%, 47%, 78%, and 33%, respectively. 

Bitcoin Price Prediction
Bitcoin Price Prediction

The current setup, according to The Trader, is “louder than ever,” and he believes the breakout play is now obvious. He suggests that while the crowd may be in disbelief, this technical signal is a strong indicator of potential further upside for Bitcoin, targeting levels above $170,000. A run to $170,000 from the current $90,230 would see BTC surge by approximately 88.3%.

Bitcoin Treasury Trend Fades as New Firms Drop from 22 in July to 3 in November

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The ongoing Bitcoin (BTC) downturn has now started weighing heavily on corporate Bitcoin treasury activity as 2025 winds down. 

For context, Bitcoin has struggled ever since it hit its all-time high of $126,272 in October. From this peak, the premier crypto asset has fallen by more than 28% to its current value of $90,166. 

Notably, BTC closed October in the red and then dropped another 17.5% in November, marking its steepest monthly loss since February. With December also starting off weak, Bitcoin is on track for its first three-month losing streak since the Terra collapse in May 2022. 

Decline in New Bitcoin Treasury Firms

This extended slide has carried over into the treasury space, and CryptoQuant now reports that corporate enthusiasm for holding Bitcoin has cooled as accumulation slows.

According to CryptoQuant, a total of 117 companies added Bitcoin to their balance sheets in 2025, but the pace no longer matches earlier levels. The number of new companies reached its high point in July, but quarterly data shows the trend built up and then faded.

Bitcoin Treasury Companies Per Year CryptoQuant
Bitcoin Treasury Companies Per Year | CryptoQuant

Specifically, companies added 16 new treasuries in the first quarter, 39 in the second quarter, and 53 in the third, but only nine so far in the fourth quarter. CryptoQuant linked this slowdown to weakening adoption as the year approaches its close.

Notably, monthly data shows the same trend. The year began with only two new Bitcoin treasury firms in January, then activity picked up until it peaked at 22 in July. After that, the numbers moved down in line with Bitcoin’s price struggles. August saw 16 new firms, September saw nine, October saw six, and November saw only three.

New Bitcoin Treasury Firms Per Month CryptoQuant
New Bitcoin Treasury Firms Per Month | CryptoQuant

Strategy, BitMine Maintain Accumulation While Others Go Silent

Even with the overall increase in 2025, most treasury companies still hold modest amounts of Bitcoin. A large share manages fewer than 500 BTC, while smaller groups hold between 500 and 999 BTC. Only four companies hold between 1,500 and 2,000 BTC. Meanwhile, Strategy stands far apart from everyone else with a massive 660,624 BTC.

CryptoQuant found that Strategy’s buying activity remains strong enough to nearly match last year’s pace. The company purchased $21.48 billion worth of BTC in 2025, coming within $500 million of the $21.97 billion it bought in 2024. 

Bitcoin Investments by Strategy CryptoQuant
Bitcoin Investments by Strategy | CryptoQuant

As Strategy continues to add to its position, Bitmine, the main Ethereum treasury company, also keeps buying, although its activity has slowed sharply. Bitmine purchased $2.6 billion worth of ETH in July, then $4.3 billion in August, $3.47 billion in September, $892 million in November, and $296 million in December, showing a month-to-month drop.

While Strategy and Bitmine continue to buy, others have gone quiet. Metaplanet has not added any Bitcoin for more than two months, and Evernorth, which focuses on XRP, last made a $950 million purchase but has stayed inactive for about a month and a half.

Data from Bitcointreasuries.net shows Strategy maintaining its strong lead with 660,624 BTC valued at $59.56 billion as 2025 draws to a close. MARA Holdings remains in second place with 53,250 BTC worth $4.82 billion and has not added to its holdings since its 400 BTC purchase in mid-October.

Cardano Support Flips to Resistance: Where is ADA Headed?

The latest Cardano support has flipped to resistance, signaling potential further downside as long positions dominate recent liquidations.

Cardano (ADA) has experienced a significant decline of 8.4% in the last 24 hours, currently priced at $0.4231.

Over the past day, ADA fluctuated between $0.4258 and $0.4738, highlighting a notable level of volatility. The 7-day performance shows a 5.7% drop, while the 14-day data reflects a smaller decline of 1.8%. 

Given the recent slump and broader downtrend, Cardano is facing challenges in regaining bullish momentum. The current price range, coupled with a significant loss in the last 24 hours, signals possible further downward pressure or consolidation. Will ADA fall further?

Will Cardano Fall Further?

On the technical end, Cardano is currently trading at the lower end of its range, with the daily chart showing a downward trend from a recent high above $0.48.

The Fibonacci retracement levels show that ADA has retraced below the 0.236 level at $0.44743, with the next key support at $0.37138 (0.0 level).

Cardano 1-Day Price Chart
Cardano 1-Day Price Chart

The 0.382 and 0.5 levels provide potential resistance points at $0.49448 and $0.53250, respectively. 

Currently, the price remains below the 0.236 Fibonacci level, which suggests that further downside is possible unless ADA can regain momentum and break this resistance. This level, based at $0.4474, was considered support when ADA had surged above $0.48, but has now flipped into immediate resistance.

The MACD indicator shows a bullish signal, with the blue line (MACD) above the orange signal line, reinforcing the idea of continued upward pressure. The histogram shows a slight increase in green bars, hinting at potential bullish divergence if the momentum shifts.

If Cardano can bounce and break through the $0.44743 resistance, it may target the higher Fibonacci levels, but a fall below $0.40 could indicate a deeper retracement towards the next support.

Cardano Longs Dominate Liquidations

Looking elsewhere, Cardano’s recent liquidation data highlights growing volatility, with long positions dominating both the 12-hour and 24-hour liquidations. Over the last 12 hours, Cardano has seen significant liquidation activity, with a total of $1.91 million in liquidations. Long positions accounted for the majority of this, at $1.86 million, while short positions were minimal at just $53.23K. 

Cardano Liquidity
Cardano Liquidity

In the last 24 hours, the liquidation volume increased further to $2.24 million. Long positions were still dominant, with $2.02 million in liquidations, while short positions saw just $224.44K liquidated. This indicates that long positions have been hit harder as the market adjusts, signaling potential further pressure or a shift in sentiment.

Expert Presents the Reality Height for the XRP Supercycle

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A market expert has shared what he believes is the reality price height for XRP should the crypto asset slip into a super cycle.

XRP has not fared well over the past few months despite previous chants of an imminent upsurge earlier in the year. With XRP down 3.6% this year, community commentator Zach Rector recently claimed factors such as the late resolution of the SEC case, late launch of XRP ETFs and the delays with the Clarity Act stopped XRP from hitting its 2025 targets.

Now, despite XRP’s near-term struggles, having collapsed 32.64% over the past three months, market analysts like The Block Bull have maintained their bullish stance. In his latest analysis, The Block Bull shared what he believes may be XRP’s “realistic height” if a super cycle emerges, suggesting the token could reach $48.

XRP Price Action Around the Parallel Channel

Notably, the market watcher called attention to a parallel channel that has guided XRP’s price action since 2017. For context, XRP started retesting the upper trendline of this channel in mid-2017 when its price continued to hover around $0.005 to $0.008. Each time it retested the upper trendline, it found solid support until the price eventually surged to the $3.31 peak in January 2018.

XRP 1W Chart The Block Bull
XRP 1W Chart | The Block Bull

The downturn that followed eventually pushed XRP below the upper trendline and inside the channel in late 2018. XRP remained within the parallel ascending channel, as it saw gradual price uptrend despite persistent struggles. Nonetheless, the 2022 bear market, exacerbated by the Terra and FTX implosions, led to a drop below the lower trendline of the channel.

With this, XRP lost the support at the lower end of the channel in 2022 and has continued to trade below the channel since then. However, the November 2024 surge to $2 allowed the price to start retesting the lower trendline, but XRP has faced persistent resistance at this level, failing to break into the channel.

XRP Could Target $40 Once It Re-enters the Parallel Channel

The Block Bull believes XRP has the potential to re-enter the channel, which would lead the price to greater heights. According to the analyst, XRP’s realistic height if the crypto asset slips into a super cycle rests around the $48 mark, which sits at the edge of the channel’s upper trendline. “Parallel Channel gives you greater targets to obtain,” The Block Bull said.

With XRP currently changing hands at $2.05, a rally to $48 would culminate in a 2,241% increase from the current price of $2.05. However, The Block Bull noted that he believes holding to $48 is tough and most investors would start taking profit once XRP reaches $10. Despite the ambitious nature of the $48 target, analysts at Changelly expect XRP to reach that price in 2033.

Cardano Founder Highlights Midnight Success as FDV, Volume Surpass All Other CNT Combined

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Cardano founder Charles Hoskinson has highlighted the Midnight native token’s overwhelming success compared to other CNTs.

NIGHT, the native token of Cardano’s sidechain Midnight, finally made its debut on December 9. After just a day of trading, NIGHT is already outpacing other Cardano native tokens (CNTs) in several metrics.

NIGHT Dwarfs Other CNTs in FDV, Volume

Notably, Hoskinson highlighted this in his recent broadcast, lauding the success of the Midnight native token. He identified an “overwhelming level” of trading volume for NIGHT, using the Cardano-focused analytical platform TapTools.

At the time of his podcast, the NIGHT token had a volume of $9.78 million, which he noted was more than the combined volume of all the other CNTs. The closest to NIGHT is the SNEK meme coin, which has a trading volume of $1.41 million.

Meanwhile, these numbers have spiked since Hoskinson’s disclosure. At press time, TapTools data shows a trading volume of $14.2 million, as more market users continue to show interest in the token.

NIGHT Volume and FDV Against Other Top CNTs
NIGHT Volume and FDV Against Other Top CNTs

This large disparity between NIGHT and other CNTs also extends to the fully diluted valuation (FDV). Currently, it has an FDV of $1.16 billion, down from $1.5 billion when Hoskinson recorded the podcast. Yet, it trounces SNEK’s FDV at $88 million. The Cardano founder stated that it surpasses the combined total of every other CNT.

Hoskinson emphasized that NIGHT is already posting these volumes despite just making its market debut. He noted that “the makers are just starting to turn on” and trading is just beginning. Also, he highlighted that the Japanese market has not started trading NIGHT, and the Midnight mainnet has not even gone live.

This builds on his earlier assertion that Midnight would bring massive traction to Cardano, more than any other ecosystem native token has.

Cardano Can Launch Multi-Billion Dollar Project

Hoskinson noted that this stellar performance suggests that Cardano still has what it takes to create a multi-billion-dollar project and attract leading exchanges. Remarkably, NIGHT reached an over $1 billion valuation yesterday, before recent downsides pushed its market cap to $776 million.

Further, Hoskinson heaped praises on “dominant” Midnight even as it secured Binance’s listing. The leading exchange by trading volume launched NIGHT on Binance Alpha on December 9 before listing it for perpetual trading.

Meanwhile, he also predicted that Midnight would reach greater heights in the near future, including a 10x valuation boost. The Cardano founder stated that NIGHT would become a $10 billion project and grow beyond being a Midnight native token into “something bigger.”

Bitcoin Creator Satoshi Immortalized at NYSE in New Disappearing Statue

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The New York Stock Exchange has unveiled a new “disappearing” statue of Bitcoin creator Satoshi Nakamoto.

The artwork, installed this week by Bitcoin firm Twenty One Capital, reflects the growing overlap between traditional finance and crypto. The NYSE described the piece as a shared space between old financial systems and emerging technologies.

Artist’s Vision Comes to a Major Financial Landmark

This installation also marks an important milestone for artist Valentina Picozzi, known online as Satoshigallery.

In a post on X, she said the placement of her work at the NYSE surpassed her expectations and represented a major moment in her ongoing project.

The statue is the sixth in a planned series of 21, a number that mirrors Bitcoin’s capped supply of 21 million coins. By reaching such a high-profile venue, the project continues to gain global visibility.

The statue’s arrival aligns with the anniversary of the Bitcoin mailing list, which Satoshi Nakamoto launched on December 10, 2008. This event represented one of the earliest milestones in Bitcoin’s development. Additionally, it served as a forum for initial discussions regarding the protocol’s design.

Bitcoin’s Timeline From Genesis to Adoption

Bitcoin’s evolution since then highlights the transformations that brought it to Wall Street’s doorstep. The network’s first block, known as the genesis block, was mined on January 3, 2009, producing the initial 50 Bitcoins.

A year later, Bitcoin entered real-world commerce when programmer Laszlo Hanyecz used 10,000 Bitcoins to buy two Papa John’s pizzas on May 22, 2010.

These moments helped establish the currency’s viability but were followed by years of resistance from banks and policymakers. Some government actions were even described as attempts to restrict the industry through efforts labeled “Operation Chokepoint 2.0.”

Growing Institutional Interest in Crypto

Despite that backdrop, attitudes began to shift as major financial leaders reassessed the technology’s potential. BlackRock CEO Larry Fink, once skeptical, has become one of several institutional figures embracing Bitcoin-focused products.

As interest grew, large institutions launched exchange-traded funds (ETFs) and began holding Bitcoin directly in their corporate treasuries.

According to data referenced from Bitbo, public and private entities, as well as ETFs, collectively hold over 3.7 million Bitcoins. The total value of these holdings exceeds $336 billion. This institutional participation adds context to the NYSE’s decision to host the new statue.

A Global Network of Satoshi Sculptures

The NYSE installation also expands Picozzi’s international footprint. She has already placed Satoshi sculptures in El Salvador, Switzerland, Vietnam, Japan, and Miami, each contributing to a global tribute to Bitcoin’s anonymous creator.

Last year, Picozzi said the design evokes a sense of presence through absence, reflecting how Satoshi exists today only in lines of Bitcoin code.

The statue depicts a hooded hacker with a laptop, honoring developers who have helped in building the Bitcoin ecosystem. Picozzi cites transparency and freedom as core values behind the sculpture’s design.

Top Portfolio Manager Calls XRP ‘Diamond in the Rough’

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Portfolio manager Michael Gayed has once again captured the attention of the XRP community, but now in a far more unexpected way. 

In a late-night post, Gayed bid the “XRP Army” goodnight and revealed that he had written a song titled “Diamond in the Rough (XRP Version),” which he dedicated to the community.

The lyrics highlight XRP’s potential in global finance. Lines such as “You’re a diamond in the rough… it’s your time to shine” echo XRP’s narrative of resilience and eventual breakthrough. 

Specifically, the video touches on themes of doubt, self-reflection, and the challenges XRP has faced, including the SEC lawsuit, price crashes, and periods of uncertainty. It ends with a repeated reminder that every “diamond in the rough” eventually shines.

A Follow-Up to His Recent XRP Hint

Gayed’s artistic gesture comes just days after he hinted at a possible move into XRP. Last week, the influential portfolio manager tweeted that he “might do something related to XRP.” 

The comment gained traction because Gayed is widely followed for his ETF research and macro commentary. More importantly, he had never commented on XRP before, despite frequently sharing strong opinions on Bitcoin and gold.

As a result, his earlier tweet triggered welcoming reactions across the XRP community. Influencers like Zach Rector and Tony Edward amplified the post. They describe Gayed’s interest as another sign that traditional finance is steadily warming up to XRP.

Why Gayed’s Interest Matters

Gayed has built a reputation as a sharp market critic, particularly toward Bitcoin ETFs. Last month, he called ETFs “the worst thing to happen to Bitcoin.” 

He has also dismissed gold as unable to “save holders,” suggesting he doesn’t follow the usual safe-haven narratives. When asked about his critical views, Gayed explained that he is not anti-crypto. Instead, he opposes narratives that lack coherence.

Meanwhile, many observers now see his increasing interest in XRP as a sign that traditional finance voices are reassessing XRP’s role in tokenization, real-world asset settlement, and global payments.

Institutional Interest Surges as XRP ETFs Near $1B Inflows

Notably, Gayed’s XRP-themed song also arrives as XRP ETFs approach a major milestone. As of the latest session, XRP ETFs have recorded $954 million in cumulative net inflows. Yesterday alone, the products attracted $10.2 million in fresh investment led by Bitwise’s $7 million and Grayscale’s $3.24 million.

XRP inflow data
XRP inflow data

Ripple CEO Brad Garlinghouse called the inflows “just the beginning,” noting that crypto ETFs still make up only 2% of the global ETF market. 

While the price of XRP has not yet reflected these investments from ETFs, market observers like Jake Claver and Zach Rector believe a supply shock is brewing. They believe XRP could experience a ‘violent’ reprice soon as ETF inflows continue.