Bitwise XRP ETF Surpasses $500M Assets Nine Months After Launch

How the market reacted

Whalio's own Binance spot order flow for XRP, measured when this story was written up on 1 September 2026. Not the outlet's figures.

XRP is trading at $1.38, with the 1-hour buy ratio at 57.9% compared to 49.2% over the 4-hour window and 48.6% over the last 24 hours. This indicates that buying pressure is building in the short term, as the 1-hour ratio is significantly higher than the longer-term averages. The 1-hour volume delta is positive at +$738,700, contrasting with negative deltas of -$209,299 over 4 hours and -$3,732,414 over 24 hours. A positive volume delta means buyers are aggressively absorbing sell orders, while the negative 24-hour delta shows that net selling has dominated the full day.

The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.

Twenty-four hours later

What XRP did over the 22 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.

Was that an ordinary day?

The same Binance spot measurements for XRP, averaged over the days leading up to the story.

Over the preceding week, the average buy ratio was 49.5%, and the latest day’s ratio was 0.9 percentage points lower than that average. Volume was 0.57 times the weekly average, indicating a quieter trading day compared to the norm. Net buying occurred on only 3 of the past 7 days, with a total volume delta of -$27,025,176 over 8 days. This contrasts with the 24-hour volume delta of -$3,732,414, showing that while recent hours saw net buying, the broader weekly trend remains heavily skewed toward net selling.