Important Ripple News and XRP Price Update: September 10

Exchange Listed Funds Trust intends to launch an ETF that will let investors gain exposure to both S&P 500 and XRP.
ByDimitar Dzhondzhorov

Ripple remains one of the most talked-about topics in the cryptocurrency world for several reasons, including ecosystem changes, ETF progress, and XRP’s price performance.

Here are the most important recent news and developments.

The ETF Front

Institutional interest in Ripple’s native token has been strong lately, with inflows continuing to far outweigh outflows. Spot XRP ETFs have, in fact, registered eight green weeks in a row, as the cumulative total net inflow has surpassed $1.7 billion.

So far, the companies offering such products include Bitwise, Franklin Templeton, Canary Capital, 21Shares, and Grayscale. However, the lineup may grow as more entities prepare similar investment vehicles.

The X account BankXRP said T. Rowe Price updated its crypto ETF filing, which will allow exposure to multiple digital assets. XRP now sits at a 9.15% weight, dwarfing Solana’s SOL, Hyperliquid (HYPE), and Canton Network (CC), which are at 8.73%, 4.94%, and 1.60%, respectively. Bitcoin (BTC) leads at 39.54%, followed by ETH (18.86%).

In a separate post, BankXRP revealed that Exchange Listed Funds Trust filed the “CYBER HORNER S&P 500® and XRP 75/25 Strategy ETF” with the SEC. If the regulator approves it, the product will let investors gain exposure to both the stock market and Ripple’s native cryptocurrency in a 75/25 ratio.

RLUSD’s Advancement

Ripple officially unveiled its dollar-pegged stablecoin RLUSD in December 2024, and since then it has expanded its global reach. Earlier this summer, it received approval from the Japanese Financial Services Agency (JFSA) to launch the product in the country and, shortly after, revealed that last year it had committed $25 million in RLUSD to support underserved US small business owners and career programs for military veterans.

Source: cryptopotato.com