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XRP ETFs Hoard 1.18 Billion XRP as Ripple Readies a 1 Billion Unlock

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: U.S. spot XRP exchange-traded funds (ETFs) now hold nearly 1.18 billion XRP after another week of inflows, a stockpile roughly the size of the 1 billion XRP that Ripple’s escrow can release on Oct. 1. The Number on the Dashboard Across seven funds, custodians hold 1,179.62 million XRP, equal to 1.18% of the fixed 100 […] Crypto Insight Analysis: Direction: Bullish XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ETF inflows signal institutional demand, but unlock may pressure price.

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XRP ETFs Hoard 1.18 Billion XRP as Ripple Readies a 1 Billion Unlock — Crypto Insight