COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: ProShares files for XRP ETF as on-chain activity and institutional moves surge
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Ripple (XRP) > ProShares files for XRP ETF as on-chain activity and institutional moves surge
Ripple (XRP)

ProShares files for XRP ETF as on-chain activity and institutional moves surge

In Brief

  • 🚨 ProShares files for XRP ETF as on-chain transactions and institutional news surge.

  • 📈 Receiving addresses for $XRP soared above 900,000, with RLUSD supply topping $1 billion.

  • ⚡ New ETF listings and prime brokerage infrastructure are deepening market participation.

  • 💡 Crypto scams remain a risk as traders eye the next phase of the altcoin cycle.
İlayda Peker
İlayda Peker 1 hour ago
Share
SHARE

Investors are closely tracking significant developments in the XRP market as new signals emerge, fueled by rising on-chain activity, institutional advancements, and a notable ETF registration.

Contents
Warning on crypto scamsETF filing puts spotlight on XRPAltcoin cycle expectations and market sentimentOn-chain metrics and infrastructural growthInstitutional access and infrastructure

Warning on crypto scams

Digital Asset Investor, known for his commentary in the crypto space, recently issued a direct warning about fraud risks within the industry. Addressing his audience, he cautioned newer and younger traders to remain vigilant, emphasizing that schemes promising guaranteed returns should be seen with skepticism. He described encountering fraudulent activities firsthand, stating that deception persists across the sector, sometimes in unexpected locations.

There are Bernie Madoffs among us in crypto, and traders should treat any deal that appears too good to be true as a potential red flag.

He highlighted the importance of conducting due diligence and urged investors to maintain a cautious approach in a fast-moving environment.

ETF filing puts spotlight on XRP

The US Securities and Exchange Commission recently received a filing to register the ProShares XRP ETF and ProShares Ultra XRP ETF as fund series. This move broadens the suite of regulated products available to the market, offering institutional investors compliant paths to gain exposure to XRP. Digital Asset Investor identified this development as another positive indicator for the asset, reflecting a deepening institutional footprint within the XRP ecosystem.

1StepSwap
Tokenized Stock
ETH ETH
SOL SOL
BSC BSC
Robinhood ROBINHOOD
PAY
USDT USDT
↓
RECEIVE
AAPL AAPL

The arrival of these products is seen as part of a continuing trend toward greater institutional involvement in crypto, which supporters believe could shape market dynamics in the coming months.

Altcoin cycle expectations and market sentiment

Market observers, including Digital Asset Investor, see the current phase as primed for a significant alt season. He referenced historical altcoin market capitalizations, highlighting $60 billion at the peak in 2018, $400 billion in 2021, and a projected $8 trillion for 2027. Despite recent price pullbacks linked to cautious Federal Reserve comments, he views these dips as potential buying opportunities rather than signals of fundamental weakness in XRP.

Alt season represents the biggest opportunity for investors during this bull run, and the current landscape suggests a major setup for upcoming gains.

With heightened volatility and critical macro developments shaping intraday swings, traders must monitor market signals closely. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, moving between multiple apps for charts, news, and portfolio monitoring often proves costly for investors. Increasingly, traders are turning to privacy-first tools like CryptoAppsy, which consolidate real-time charts, smart price alerts, coin-specific news, and crucial macro data on one screen—without requiring users to create accounts.

On-chain metrics and infrastructural growth

Bullish on-chain data continues to reinforce positive sentiment. The number of receiving addresses on the XRP network climbed sharply to 926,000, representing an increase of more than 2,300%. Meanwhile, RLUSD supply on the XRP Ledger surpassed $1 billion, reflecting the growing utility and adoption of the XRP ecosystem.

Ripple announced that Joseph Thompson, previously head of treasury at the London Metal Exchange, has joined its trading and markets division to focus on tokenization strategy. The firm is also implementing a four-stage roadmap aimed at preparing the XRP Ledger to defend against future quantum computing threats.

Institutional access and infrastructure

Ripple’s prime brokerage arm is developing a unified infrastructure platform for institutions. This effort aims to provide streamlined access to liquidity, custody solutions, stablecoin utilities, and efficient payment flows. By bolstering the underlying platform, Ripple intends to position itself for the next evolutionary phase of digital asset infrastructure, coinciding with rising institutional interest in products tied to $XRP.

You Might Also Like

XRP ETFs draw $26.2 million in daily inflows, extend streak to 9 days

US Senate to hold major CLARITY Act cloture vote for crypto bill on September 15

Bitwise’s XRP ETF surpasses $500 million in AUM just nine months after launch

XRP targets $20 after repeating technical setup, analyst says

XRP targets $2.50, $3.50, $6, $13 as Celal Kucuker predicts “exciting weeks ahead”

İlayda Peker 31 August, 2026 - 11:27 pm 31 August, 2026 - 11:27 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
Previous Article Polygon upgrades network with Austin and Kyoto hard forks, patches critical security bugs
Next Article Strive buys $143 million in Bitcoin, increases holdings to 23,156 BTC
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

94% of Argentina peso crypto trading volume now stablecoins: a16z crypto
Cryptocurrency News
Strategy opposes MSCI plan to exclude MSTR from index, calls move discriminatory
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Welcome Back!

Sign in to your account

Lost your password?