CoinShares’ XRP ETF Filing Signals Strong Institutional Confidence in XRP’s Future

In a significant development for the cryptocurrency market, CoinShares has filed updated documentation with the SEC for a Nasdaq-listed XRP ETF, underscoring growing institutional demand for XRP. The ETF, designated with the ticker XRPL, will be custodied by BitGo and includes Valkyrie Funds among its seed investors. Notably, the fund will not participate in staking rewards, a decision that hasn't deterred market optimism. This move comes amid increasing interest in XRP as a viable institutional investment, potentially paving the way for broader adoption and price appreciation. The filing marks a pivotal moment for XRP and the broader crypto ETF landscape, as institutional players continue to enter the space with confidence.

CoinShares Files for XRP ETF on Nasdaq, Signaling Institutional Demand

CoinShares has submitted updated documentation to the SEC for a Nasdaq-listed XRP ETF, marking a pivotal moment for institutional crypto products. The filing designates XRPL as the ticker and reveals BitGo as custodian, with Valkyrie Funds among seed investors. Notably, the fund will forego staking rewards—a structural choice that hasn't dampened market enthusiasm.

The MOVE capitalizes on swelling interest in XRP investment vehicles, though management fees remain undisclosed. U.S. Bancorp and Paralel Distributors will handle administrative and marketing roles respectively, creating an institutional-grade framework for digital asset exposure.

Ripple CEO Criticizes Wall Street as XRP Struggles for Recognition

Ripple CEO Brad Garlinghouse has taken aim at Wall Street banking lobbyists, accusing them of blocking crypto firms from accessing the US banking system. Speaking at DC Fintech Week, Garlinghouse argued that regulated digital asset companies complying with AML and KYC standards deserve equal treatment, including access to a Fed master account.

XRP's price has shown resilience, holding above the $2 support level after a prolonged legal battle with the SEC. However, the cryptocurrency continues to face challenges in achieving parity with traditional assets. Meanwhile, investor attention is shifting toward emerging projects like Bitcoin Hyper, whose presale has raised $23.8 million amid growing Optimism in the altcoin market.

XRP Price Stabilizes Near $2.45 as Supertrend Alignment Hints at Historic Breakout Potential

XRP's price has found footing around $2.45 after recent volatility, with technical analysts highlighting a critical Supertrend alignment that preceded major rallies in 2017 and 2021. The convergence of momentum indicators mirrors previous cycle breakouts, suggesting potential for upward acceleration if key resistance levels are breached.

A decisive move above the $2.80-$3.00 range could propel XRP toward $4.00-$5.00 territory, according to chart patterns. While macro headwinds and capital rotation into other large caps present near-term challenges, the technical setup has drawn increased attention from traders anticipating a potential inflection point.

Current consolidation between $2.40-$2.60 maintains support above $2.25, with the 50-day and 200-day moving averages forming a bullish alignment on both daily and weekly timeframes. Market participants are watching for confirmation of this historically significant technical formation.

Ripple Acquires GTreasury in $1B Deal to Expand into Corporate Finance

Ripple has made a strategic move into corporate finance with its $1 billion acquisition of GTreasury, a Chicago-based treasury management software provider. The deal, announced Thursday, combines Ripple's blockchain settlement infrastructure with GTreasury's liquidity and risk management tools, enabling real-time handling of both digital and fiat assets.

The acquisition marks Ripple's continued expansion following previous purchases of prime brokerage firm Hidden Road and stablecoin payments platform Rail. By integrating blockchain technology into traditional treasury operations, Ripple aims to help corporations unlock trapped capital, process instant payments, and improve working capital efficiency.

GTreasury will operate as a subsidiary, maintaining its existing customer base while giving Ripple direct access to the multi-trillion-dollar corporate treasury market. This positions Ripple to compete with established players like Kyriba and SAP Treasury in revolutionizing how multinationals manage global liquidity and payments.

Ripple Acquires Treasury Management Firm GTreasury for $1 Billion to Streamline Crypto Corporate Finance

Ripple has made its third major acquisition this year with the $1 billion purchase of GTreasury, a corporate treasury management software provider. The deal follows Ripple's earlier acquisitions of prime brokerage Hidden Road and stablecoin platform Rail, signaling aggressive expansion into institutional crypto infrastructure.

The acquisition aims to bridge traditional treasury operations with blockchain-based solutions. GTreasury's platform helps corporations optimize cash FLOW management—a capability Ripple plans to integrate with its enterprise crypto liquidity solutions. "For too long, money has been stuck in slow, outdated payments systems," said Ripple CEO Brad Garlinghouse, positioning the move as a challenge to legacy financial infrastructure.

This strategic play targets the multi-trillion-dollar corporate treasury market, where XRP's on-demand liquidity solution could gain traction. The deal underscores crypto's accelerating institutional adoption, with major players building end-to-end financial ecosystems that merge traditional and blockchain-based finance.

XRP Whale Activity Sparks Market Volatility as Investors Pivot to CLS Mining

XRP's price rebounded sharply to $2.50 within 24 hours following whale-driven volatility, with trading volume surging as institutional confidence remains unshaken. The REX-Osprey XRP ETF continues to hold over $90 million in assets, underscoring long-term bullish sentiment.

Meanwhile, CLS Mining has seen increased adoption as investors seek stable yields. The platform's AI cloud computing model generates 3,000 XRP daily for users, creating a hedge against market fluctuations. A $63 million XRP transfer to Binance temporarily rattled markets, but savvy buyers capitalized on the dip.

Market analysts highlight the resilience of XRP's ecosystem, noting that volatility events are increasingly being viewed as accumulation opportunities. CLS Mining's $15 sign-up bonus and flexible computing contracts are attracting both retail and institutional participants.