SEC Files 21Shares XRP ETF Benchmark Agreement with FTSE
XRP (XRP)
Cryptobriefing.com reports that the SEC posted an 8-K filing for the 21Shares XRP ETF, detailing a benchmark licensing agreement with FTSE International. The filing, dated August 26, 2026, confirms the use of the FTSE XRP Index to track the fund's price. This ETF, which began trading on Cboe BZX on December 11, 2025, holds XRP directly without leverage or derivatives. Custodial duties are managed by Bank of New York Mellon and Coinbase. The fund accumulated approximately $247.7 million in net assets by December 31, 2025. Authorized participants increased outstanding shares by 3,890,000 during that period. This filing serves as a routine regulatory formality rather than a new launch or approval.
What Whalio's data showed
Binance spot order flow for XRP, measured when this story was published on 26 August 2026.
On Binance spot, the 1-hour buy ratio stands at 60.1%, indicating strong immediate buying pressure compared to the 4-hour ratio of 53.2% and the 24-hour ratio of 49.7%. The 1-hour volume delta is positive at $1,983,348, while the 4-hour delta is also positive at $2,068,950, suggesting accumulation is accelerating in the short term. However, the 24-hour volume delta is negative at -$2,173,359, showing that selling pressure has outweighed buying over the full day. Despite the negative 24-hour delta, the cumulative volume delta for the 24-hour close is positive at $3,942,858, indicating net buying has occurred over the period. Buying pressure appears to be building in the immediate term as shorter intervals show higher buy ratios and positive deltas. This shift from a negative 24-hour delta to positive short-term metrics suggests a recent resurgence in buyer interest.