Ripple’s cross-border token remains highly appealing to institutional investors, while whales have also accumulated a significant amount of tokens lately. Despite these positive factors, XRP has slipped 8% after a red wave swept through the broader market.
Meanwhile, one of the company’s top executives shared the stage at the MESA Forum with representatives from financial giants like BlackRock and HSBC to discuss stablecoins (like RLUSD), tokenized deposits, and other topics.
ETFs and Whales
Spot XRP ETFs have attracted substantial capital lately, showing that more conservative investors continue to increase their exposure to the asset. As CryptoPotato reported, these financial vehicles posted 10 consecutive green weeks, while the cumulative total net inflows reached roughly $1.75 billion. The past two days have been highly beneficial, too, signaling that the streak is likely to continue.
Companies that have launched spot XRP ETFs so far include Bitwise, Franklin Templeton, Canary Capital, 21Shares, and Grayscale. However, others are awaiting regulatory approval and may soon join the list.
Recently, T. Rowe Price updated its crypto ETF filing, which will allow exposure to multiple cryptocurrencies, with XRP sitting at a 9.15% weight. For its part, Exchange Listed Funds Trust filed the “CYBER HORNER S&P 500® and XRP 75/25 Strategy ETF” with the SEC. If it receives the necessary thumbs-up, the product will enable investors to gain exposure to both the stock market and Ripple’s native token in a 75/25 ratio.
Institutional investors are not the only ones interested in XRP lately. Last week, whales acquired over 1.54 billion units in about 96 hours. The accumulation began shortly after the CLARITY Act failed in the US, triggering a pullback and suggesting that large investors see lower prices as a buying opportunity.
Ripple, BlackRock, and More
Recently, Reece Merrick (Managing Director, Middle East & Africa at Ripple) posted a photo of himself with representatives from BlackRock, HSBC, and other financial institutions. He said the individuals were on stage at the MESA Forum discussing stablecoins, tokenized deposits, and tokenized MMFs. The topic has also moved to RLUSD (Ripple’s stablecoin), with Merrick saying:
“Stablecoins: The always-on layer moving value between institutions without existing relationships (why RLUSD was built not to replace bank money, but to let it travel).”
He also stated that the UAE is open for business, is actively building, and hinted that Ripple has already established a serious presence in the region. For instance, in summer 2025, the Dubai Financial Services Authority (DFSA) recognized RLUSD as a crypto token within the Dubai International Financial Center (DIFC).
The stablecoin officially launched in December 2024 and has since received backing from well-known exchanges and institutions. Its market capitalization has surged to the current $2.37 billion, making it the 43rd-biggest cryptocurrency and the ninth-largest stablecoin.
XRP Price Outlook
Earlier this week, Ripple’s cross-border token spiked to nearly $1.65, representing the highest level since the start of 2026. However, the broader market has corrected over the past 24 hours, and XRP has plunged to $1.47 (per CoinGecko).
X user Diana claimed the asset is now fighting to reclaim $1.50 to start a new rally. She outlined $1.61 as the major wall bulls need to attack and envisioned a rise to the $1.70-$2 range if they succeed.
For more price forecasts, read our dedicated article here.
Source: CryptoPotato
