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2.78 Billion XRP Committed as Price Heads for Major Bounce-Back
GameFi Guides

2.78 Billion XRP Committed as Price Heads for Major Bounce-Back

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With XRP strongly holding above $3 on September 16, the leading altcoin is flashing bullish signals in major on-chain metrics. Data from Coinglass shows that XRP has maintained a steady movement in its open interest over the last day.

Amid the broad crypto market rebound, which has seen leading cryptocurrencies post notable daily gains, XRP has also resumed its uptrend, and its open interest has presented a positive outlook for the token’s price.

While investors have shown optimism regarding XRP’s short-term potential, it appears they may be exercising caution in futures activities, as no notable changes have been recorded in this on-chain metric over the last day.

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Notably, the data shows that the amount of tokens committed to the XRP futures market has increased by only 0.49% in the last 24 hours, standing at 2.78 billion XRP as of writing.

It is important to note that open interest measures the volume of futures contracts yet to close on XRP. Currently, investors have left over $8.48 billion worth of XRP futures contracts open, signaling continued confidence in further upside potential.

Where is XRP headed?

Although XRP has just recovered from a brief price decline that saw its price lose resistance at $3 and drop as low as $2.70, the modest resurgence in open interest suggests that a bigger move may still be ahead.

With the first U.S. XRP ETF set to go live this week, investors remain confident that XRP is still on track for the long-anticipated $3.60 breakout.

With billions of XRP staked in the asset’s futures market, the key on-chain metric suggests that while some investors may be cautious, a majority remain optimistic about a potential price surge.

Further data showcased by the source shows that Bitget users account for 21.32% of the total open interest, marking the highest share across all supported exchanges. This was followed by Binance and CME, holding 15.39% and 14.85% respectively.



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GameFi Guides

Pundit Drops Bombshell On XRP Circulating Supply, ‘It’s Smaller Than You Think’

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A prominent crypto analyst has suggested that the actual XRP circulating supply is much lower than most realize. With demand for tokens expected to rise from areas such as tokenized debt, gold, and stablecoins, XRP’s seemingly limited supply could tighten even more, leaving the market exposed to a sudden squeeze.

XRP’s True Circulating Supply Limited

Versan Aljarrah, financial strategist and founder of Black Swan Capitalist, has claimed that XRP’s true circulating supply is significantly smaller than widely assumed. He argues that once escrowed holdings and institutional reserves are removed from the equation, the amount of XRP available in the market is grossly reduced. 

According to Aljarrah, this overlooked fact could have enormous consequences once institutional demand from tokenized gold, debt, and stablecoins begins to flood the XRP ecosystem. He added that such a scenario could collapse the remaining market supply overnight. 

Expanding on these concerns, Aljarrah took to YouTube to frame the issue within a much larger context. He explained that XRP’s scarcity is far more than a minor technical detail, describing it as a fundamental element of the cryptocurrency’s long-term role in global finance. 

The Black Swan Capitalist founder pointed to the mechanics of XRP’s supply as further evidence that scarcity will play a major role in its future valuation. With a fixed supply of 100 billion tokens and a small portion burned with every transaction, he says that XRP could become increasingly scarce as usage grows. 

He further argued that meeting institutional scale demand would require XRP’s price to rise significantly, with some forecasts pointing to levels as high as $10,000 or even $1 million—astronomical figures that stand well beyond current market valuations. Central to this thesis is the idea that XRP could function as a world reserve asset and a form of “digital gold.” 

Aljarrah envisions central banks and institutions to tokenize assets like gold, bonds, and debt, using XRP to provide liquidity necessary for instant settlement. He suggests that doing this could effectively position XRP as a reserve currency within a tokenized economy. 

XRP Positioned As Backbone Of Future Global Finance

According to Aljarrah, XRP should not be viewed merely as a speculative cryptocurrency for retail investors. Instead, he positioned it as the core infrastructure of a new financial system designed to replace outdated and failing monetary frameworks. 

In his YouTube video, the financial strategist characterized XRP as “the plumbing of the new financial system,” built to deliver infinite scalability and solve multi-trillion-dollar inefficiencies that plague global finance today. To truly grasp XRP’s value, Aljarrah explained that investors must abandon the traditional retail mindset and instead view the token as the backbone of a tokenized global economy.

He drew attention to the inefficiencies and risks in the current financial landscape, from insolvent banks to an overloaded derivatives market, and presented XRP as the bridge currency that can connect failing systems to a modern, interoperable financial network. He further emphasized that XRP is the key that provides the liquidity and settlement power necessary for seamless cross-border and cross-asset transactions.

XRP trading at $3.03 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

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Crypto Trends

Bitwise Files for Avalanche ETF Ahead of US XRP, Dogecoin Fund Debuts

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In brief

  • Bitwise has filed to debut an ETF giving investors exposure to AVAX, the 19th-biggest digital coin by market cap.
  • The S-1 filing comes as Dogecoin and XRP ETFs are expected to hit the market this week.
  • Asset managers are hoping to get the green light for a number of altcoin ETFs.

Crypto asset manager Bitwise has filed the paperwork to debut an Avalanche exchange-traded fund just as new altcoin investment vehicles are expected to hit the U.S. market. 

A Monday S-1 filing with the Securities and Exchange Commission shows that the “Bitwise Avalanche ETF” would use America’s biggest exchange, Coinbase, to custody the digital assets. 

Avalanche is the crypto network behind AVAX, the 19th-largest digital asset by market cap. Avalanche rivals Ethereum by offering a cheaper and faster blockchain that developers can use to build applications upon.

AVAX was recently trading for over $30 per coin after rising by more than 6% over a 24-hour period, CoinGecko data shows. VanEck and Grayscale have also filed with the SEC to launch AVAX ETFs.

Bitwise’s filing comes as other altcoin ETFs are nearing their U.S. market debut. ETFs giving investors exposure to XRP and Dogecoin are expected to list this week, courtesy of REX Shares and Osprey Funds. 



Unlike the Bitcoin and Ethereum ETFs that hit the market last year in the U.S., or the fund Bitwise wants to debut, these altcoin ETFs will offer investors exposure to Dogecoin and XRP via a subsidiary registered in the Cayman Islands that is wholly owned and controlled by the fund.

The Rex-Osprey funds were registered via the Investment Company Act of 1940, unlike the current crop of Bitcoin and Ethereum ETFs, which were registered like commodity trusts under the Securities Act of 1933.

The Bitcoin and Ethereum ETFs give investors exposure to the two largest digital coins by market cap via the fund managers who hold the cryptocurrencies.

The SEC last year approved Bitcoin ETFs after a decade of denials. The funds had the most successful debut in the history of ETFs. The 12 funds now manage combined assets worth nearly $152 billion, according to SoSoValue data. 

Later in 2024, it gave the green light to fund managers wanting to release Ethereum ETFs. 

Now, the regulator has a long list of altcoin funds to approve from asset managers wanting to debut smaller cryptocurrencies.

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XRP Just Created New Death Cross, $3 Level to Watch Now
NFT Gaming

XRP Just Created New Death Cross, $3 Level to Watch Now

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XRP has created a new death cross following recent market selling pressure, albeit on the short-term chart, the hourly time frame.

A death cross, which occurs when the short term moving average — such as the 50 MA — falls below the long term MA, has recently appeared on the XRP hourly chart. This comes after XRP formed a golden cross on its four-hour chart, as reported by U.Today.

XRP/USD Hourly Chart, Courtesy: TradingView

XRP rose for six days from Sept. 6 to reach a high of $3.187 on Sept. 13. This bullish pressure caused XRP to create a golden cross (the reverse of death cross) on its four-hour chart; however, an interesting twist appeared with the market being overbought, and XRP began to decline.

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XRP fell for two days in a row, dropping from a high of $3.187 on Sept. 13 to a low of $2.95 on Sept. 15 before it slightly rebounded.

$3 level now important

Bears pulled XRP below $3 (the daily SMA 50) in yesterday and today’s sessions, thwarting bulls’ attempts to flip this level into short-term support.

As it stands, bulls continue to make efforts in this regard; the good news is that they have not given up ground as XRP has returned once again above $3 after dropping to an intraday low of $2.96.

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At press time, XRP was up 1.11% in the last 24 hours to $3.03, as the markets rebounded ahead of the Fed interest rate decision on Sept. 17.

Going forward, XRP will be watched to see if it can sustain above $3 and flip this level into support, which might reignite bullish momentum to target highs of $3.18, $3.38 and $3.66 ahead of $4.

In positive news, the REX-Osprey XRPR ETF is expected to launch this week.



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NFT Gaming

First US Spot XRP ETF Set To Debut This Week: All You Need To Know

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REX Shares says it will list the first US exchange-traded fund offering spot exposure to XRP this week, trading under the ticker XRPR. “The REX-Osprey XRP ETF is coming this week!” the issuer posted on X, adding that the product will be the first US ETF to deliver investors spot exposure, currently the third-largest cryptoasset by market value.

XRP Makes Wall Street History

Unlike the SEC-approved spot bitcoin and ether products—structured as ’33 Act commodity trusts—the REX-Osprey fund is being launched as a ’40 Act open-end ETF. That structure permits an ETF to operate as a registered investment company and can mix exposures, rather than holding only a single commodity in a trust format. The SEC itself emphasizes that spot bitcoin and ether “ETPs” are not ’40 Act ETFs, underscoring the distinct regulatory regimes at play here.

In its latest Form N-1A filing, the fund is presented alongside sister products and described as seeking results that correspond to the performance of the token. The principal strategy commits to investing at least 80% of net assets in XRP and/or other assets that provide exposure to the token, either directly or via a wholly-owned Cayman subsidiary.

The filing also caps investment in that subsidiary at 25% of total assets. Creation and redemption are available to authorized participants, with the fund reserving the right to settle redemptions in cash and noting a standard T+2 payout timeline, extendable to seven days under stress.

The prospectus further allows the ETF to invest in other investment companies (including ETFs) subject to Section 12(d)(1) limits and contemplates the use of derivatives as permitted under the ’40 Act—language that provides flexibility, but does not make derivatives the primary exposure.

Bloomberg’s James Seyffart, who tracks crypto ETPs, cautioned that the product is not “pure” spot, explaining “it will hold spot directly and other spot XRP ETFs from around the world to get its exposure.” He added: “The fund documents also have language that would allow derivatives usage for exposure if needed but that definitely isn’t the primary exposure method.”

ETF Store president Nate Geraci framed the launch as a regulatory maneuver enabled by the ’40 Act: “First ETF offering spot XRP exposure set to launch this week…REX-Osprey using clever regulatory end-around via ‘40 Act structure to bring this to market. Will be another good litmus test for ‘33 Act spot XRP ETF demand. Futures-based XRP ETFs already nearing $1bil in assets.”

Market Backdrop And Futures Momentum

The debut comes as derivatives set records. In late August, CME XRP futures surpassed $1 billion in open interest, the fastest pace for any new contract on the venue, and industry commentators now peg US futures-based ETFs as nearing $1 billion in assets—a relevant yardstick for gauging initial demand for spot exposure in an ETF wrapper.

A broader wave of ’33 Act spot proposals is also in the queue. Any eventual approvals of ’33 Act spot trusts would add a second, more direct structural path to US spot exposure, alongside the REX-Osprey ’40 Act route.

Notably, REX-Osprey previously introduced the Solana + Staking ETF (SSK) via a comparable framework—context for how the firm is threading the regulatory needle. Separately, the issuer has guided that a Dogecoin ETF (DOJE) is also on deck this week, highlighting how alternative structures are opening US markets to non-BTC/ETH assets.

At press time, XRP traded at $3.00.



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XRP Hit by 710% Liquidation Imbalance in Just 24 Hours
GameFi Guides

XRP Hit by 710% Liquidation Imbalance in Just 24 Hours

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XRP traders have been caught on the wrong side of the market over the last day, with fresh data by CoinGlass showing a big gap between long and short liquidations. In total, $11.84 million in XRP was wiped out in the last 24 hours. 

Of that, $10.37 million came from long positions, while just $1.46 million came from shorts. This means there is now a massive 710% difference, showing just how one-sided leverage had become before the market moved against it.

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It is easier to spot the difference when you compare it to wider crypto liquidations. Ethereum was top of the list with $108.5 million, Bitcoin came in at $37.7 million and Solana got $27.8 million. What makes XRP stand out is that its total is lower in dollar terms, while the scale of the imbalance is huge. 

Source: CoinGlass

It was price action that led to the surge. 

XRP price outlook

The chart shows XRP dipping to $2.96 in the early hours before recovering back toward $2.99. There has been some volatility, but the trading range has stayed pretty tight compared to the liquidation figures, making it look stable on spot markets while derivatives traders took the hardest hit. 

The difference between what you can see on price charts and what is actually happening with leveraged positions is as obvious as it has ever been.

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At the moment, the $3 level is still the main reference point. If the XRP price can hold onto that line, it might help to steady things after a day of forced selling. If it does not, the liquidation trend could carry on, as traders who have just reset their positions might have to make adjustments again.



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Crypto Market Prediction: Bitcoin Needs One Push for $150,000, XRP Lost $3 Again, Dogecoin (DOGE) Biggest $0.30 Crash From July
GameFi Guides

Crypto Market Prediction: Bitcoin Needs One Push for $150,000, XRP Lost $3 Again, Dogecoin (DOGE) Biggest $0.30 Crash From July

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The market could be ready for solid growth if bulls provide just a little bit of help to Bitcoin, which is actually in a better position than may seem at first sight. Meanwhile, Dogecoin and XRP are struggling to keep their important psychological targets.

Bitcoin does not need much

The price structure of Bitcoin is preparing for what might be a significant surge toward all-time highs. After a significant decline in September, Bitcoin is currently trading just above $115,000 and is in a technically advantageous position. 

  • Moving averages, market structure and momentum indicators all point to the possibility that Bitcoin could spark a run toward the $150,000 mark with just steady inflows.

  • Following its breakout last week, the $114,000-$115,000 range has become near-term support, and Bitcoin is currently consolidating above it. With the 50-day EMA (~$113,400) and 100-day EMA (~$111,300) converging near the price, the daily chart displays Bitcoin trading above its major moving averages.

  • This support level clustering offers a solid technical foundation, lowering downside risks and promoting bullish sentiment. The 200-day EMA, which is much longer and sits at about $105,200, supports the current upward trend.

With the Relative Strength Index (RSI) at about 55, there is still opportunity for growth without running the risk of an overbought situation right now. Consistency in trading volume, as opposed to excess, points to controlled accumulation rather than speculative overheating. Crucially, there is not much of a barrier separating Bitcoin’s current levels from the $120,000-$125,000 range, and once that barrier is removed, the road to $150,000 will be comparatively clear. 

BTC/USDT Chart by TradingView

Bitcoin appears to be bullish on all fronts from a structural standpoint. It is devoid of consistent inflows, whether from retail buying pressure, institutional demand or ETF activity. Recent ETF flows have been encouraging but not particularly strong; a spike in these funds could give Bitcoin the boost it needs to start rising.

XRP loses it again

XRP has once again dropped below the crucial $3 threshold, disappointing bulls who thought the token’s recent breakout would signal the start of a more robust rally. This month, XRP briefly tested $3.20 before slipping back to trade around $2.99, casting doubt on whether its momentum can last.

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The breaking of a descending resistance line that has limited XRP’s movement since July’s highs was attempted on the daily chart. The breakout appeared promising at first, but sellers intervened near $3.20 as the move rapidly lost steam. The rejection has essentially turned XRP into resistance once more by forcing it back below the breakout line. Stronger support at the 100-day EMA (~$2.81) follows the short-term support at $2.96. XRP could decline toward $2.60, where the 200-day EMA offers longer-term structural support if these levels do not hold.

Along with declining trading volumes in comparison to the July surges, the chart also demonstrates waning bullish conviction. This lack of action highlights how flimsy XRP’s current upward trend is.

The cause was a weakness in the network. Fundamentals are exerting additional pressure beyond the technical picture. In recent weeks, network activity has been gradually decreasing, and daily payment counts have drastically decreased in comparison to August highs.

Dogecoin’s worst decline

After briefly reaching new multi-month highs, Dogecoin saw its steepest decline since July, plunging precipitously from the $0.30 level. It is unclear if this is merely a correction or the beginning of a more significant reversal, as the meme coin, which had been experiencing significant bullish momentum throughout early September, is currently finding it difficult to maintain above $0.27.

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This is the worst crash since July. DOGE has seen its largest single decline since mid-summer, when it last experienced comparable selling pressure following the steep rejection from the $0.30 resistance zone. During the pullback, trading volumes increased, suggesting that profit-taking was the main factor causing the movement. Although the setback has occurred, DOGE is still above critical moving averages, indicating that the overall upward trend is still in place.

DOGE may rebound toward $0.28 and retest $0.30 if it can hold above the $0.26-$0.27 support zone. At these prices, robust buyer interest would validate the pullback as a sound correction within a continuing upward trend. Another possible course is sideways consolidation, which would occur between $0.24 and $0.28. 

This would enable momentum indicators like the RSI, which had just entered overbought territory, to be reset and moving averages to catch up. Consolidation like this could strengthen the foundation for a future breakout above $0.30.

The token could drop toward the $0.22–$0.21 region, where the 100-day and 200-day EMAs align, if sellers push DOGE below the $0.24 support. A breakdown here might portend the end of the bullish trend that started in July and pave the way to a more significant correction.



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First 'Spot' XRP ETF Launching This Week, but There's a Catch
NFT Gaming

First ‘Spot’ XRP ETF Launching This Week, but There’s a Catch

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  • A spot ETF with a twist 
  • Existing XRP ETFs 

REX Shares, a US-based provider of exchange-traded funds (ETFs), has confirmed that the REX-Osprey XRP ETF (XRPR) will go live this week.

The product, which will be launched in collaboration with the Osprey Funds this week, will be the first US product to provide US investors with “spot exposure,” according to a Monday announcement.  

A spot ETF with a twist 

Some market observers were probably puzzled by the announcement, given that spot Bitcoin ETFs are yet to be greenlit by the U.S. Securities and Exchange Commission.  

However, the REX-Osprey XRP ETF is not your typical spot ETF because of its structure. Instead of directly holding the Ripple-linked token, the product is meant to operate like a “40 Act” fund. On top of XRP, it will also hold other assets such as cash, derivatives, and Treasuries.

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The approval process for such products is dramatically different since they do not have to be explicitly greenlit by the SEC. They become effective after 75 days unless the agency blocks their launch. 

Existing XRP ETFs 

Currently, there are already several spot XRP ETFs that offer leveraged exposure to the prominent token. These include the Teucrium 2x Long Daily XRP ETF and the Volatility Shares Trust XRP ETF (XRPI).

Hence, the REX-Osprey XRP ETF will indeed stand out as the only spot-style product. 

However, there are several pending spot ETFs that are highly expected to be approved in the near future. 

As reported by U.Today, the SEC recently delayed its decision on Franklin Templeton’s XRP ETF to Nov. 14. 



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XRP Buy Signal Suggests Massive Price Bounce is Coming
Crypto Trends

XRP Buy Signal Suggests Massive Price Bounce is Coming

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Just after multiple days of consistent price surges, the crypto market has suddenly flipped negative, pushing XRP to the negative zone. 

Despite the sudden switch in investors’ sentiment, XRP still stands a chance for a massive price breakout, according to a recent prediction shared by crypto analyst Ali Martinez.

The analyst shared a 4-hour chart flashing a key buy signal, which suggests that XRP may be gearing up for a significant price bounce back soon.

The bullish flag reflected in the asset’s TD Sequential suggests that the ongoing drawdown in the price of XRP is possibly close to exhaustion.

Thus, this can only mean that the asset is set to resume its uptrend, suggesting that XRP is still headed for the $3.60 price breakout.

What’s XRP’s next target?

As of September 15, XRP has lost its resistance at $3, falling as low as $2.96 during the day. With this declining trajectory, XRP’s price is down 0.57% in the past 24 hours but shows a decent price surge of 1.16% in the last seven days.

While momentum appears to be fading, the analyst has shared reasons why the altcoin might be set for a potential rally, following signals flashed by key on-chain and technical factors.

After briefly falling below the $3 mark, XRP has slightly rebounded back to $3, hovering around $3.01 as of writing. While the downtrend has continued to persist, the TD Sequential indicator shows that XRP is still retaining the buying pressure witnessed in the previous rally.

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Following the sustained buying signal reflected on the chart, indicators like this have historically signaled short-term price rallies to ease off extended bearish pressure.

The analysts have predicted that, if the buy signal holds, XRP could stage a bounce back toward the $3.05–$3.10 resistance zone. This could further lead to higher price surges, pushing XRP to the highly anticipated $3.60 mark.

Apart from the signals projected by these key indicators, crypto veterans have also expressed belief that XRP’s surge to $5 is very possible if the proposed XRP ETF products become approved by the SEC.



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Image Of Ripple's XRP Token
NFT Gaming

REX-Osprey to launch first XRP ETF in U.S. this week

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REX Shares will launch the first spot exchange-traded fund on XRP this week, according to an update the company shared on Monday.

Summary

  • REX-Osprey’s XRP exchange-traded fund will debut this week, REX Shares revealed.
  • The spot fund, REX-Osprey XRPR ETF, joins others on Solana and Dogecoin that REX Shares has filed for under the Investment Company Act of 1940.

The REX-Osprey XRPR ETF, a spot exchange-traded fund structured as a spot ETF under the securities laws of the Investment Company Act of 1940, will hold real XRP, cash, derivatives and Treasuries.

In this case, XRPR is set to be the first ETF to allow spot exposure to XRP (XRP) in the United States.

While the Securities and Exchange Commission is yet to greenlight multiple spot crypto ETFs structured under the U.S. Securities Act of 1933, the REX Shares and Osprey Funds have already seen their REX-Osprey Solana + Staking ETF go live. 

The product, with the ticker SSK, debuted at the end of June 2025, bringing to the market the first U.S.-listed ETF that gives investors spot exposure to Solana (SOL) as well as staking rewards. Investors can benefit from both direct exposure and SOL staking, with this possible directly from an investor’s securities brokerage account.

A Dogecoin (DOGE) spot ETF that brings a similar Act 40 registration structure, is also in the pipeline for debut this week after an anticipated rollout last week failed. XRPR also gets into the spotlight as REX-Osprey’s “short cut” sees the ETFs offered in an environment where they are more regulated than the traditional spot products.

Interestingly, the debut of Act 40 funds has not dampened investor anticipation around the multitude of crypto ETF applications before the SEC. Despite the agency postponing its decision across, investor sentiment is extremely high. 

According to timelines provided for under the U.S. securities laws, the regulator is expected to deliver its final decision on filings for many of these proposals in October. 

XRP price

As noted, the REX-Osprey XRP spot ETF fund will invest in and hold XRP (XRP), a cryptocurrency launched by Ripple and which rose to an all-time high of $3.84 in January 2018. 

In recent months, particularly after Ripple-related legal victories against the SEC, the XRP token’s price has skyrocketed to near the all-time peak. XRP traded around $3.00 at the time of writing, up more than 400% in the past year and with a market capitalization of over $178 billion.



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