XRP sparks curiosity at Bitwise wealth manager event
XRP (XRP)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that XRP generated more questions than any other cryptocurrency during a Bitwise presentation to approximately 400 wealth managers on September 2. Research analyst Ryan Rasmussen stated that XRP was the most asked-about asset throughout the session, noting there was a lot of interest from the audience. The event also featured discussions on Bitcoin, Solana, Hyperliquid, stablecoins, and tokenization by Rasmussen and Bitwise chief investment officer Matt Hougan.
An audience poll revealed that 67% of participants did not currently allocate to cryptocurrency, though 60% expected prices to be higher by the end of 2026. The same 60% planned to allocate to the asset class within the next year. These responses reflect expectations and intentions rather than completed investment decisions or a representative industry survey.
U.S. spot XRP exchange-traded funds recorded 11 consecutive sessions of net inflows through September 1, attracting approximately $170 million. This streak ended on September 2 when the funds recorded approximately $7.2 million in combined net outflows. Goldman Sachs was the largest disclosed institutional holder of these ETFs at the end of the second quarter with approximately $87.4 million in exposure. The filings show that regulated products have attracted professional market participants, though they do not prove a directional view on the asset.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 3 September 2026. Not the outlet's figures.
XRP is trading at $1.35 with a 1-hour buy ratio of 55.7%, indicating stronger immediate buying pressure compared to the 53.5% ratio over the past 4 hours. This short-term intensity contrasts with the 24-hour buy ratio of 52.0%, suggesting that recent buying momentum is building relative to the broader daily trend. The 1-hour volume delta is positive at $1,489,113, showing that buyers are currently outspending sellers in the immediate term. Over the last 24 hours, the volume delta stands at $6,226,293, confirming that net buying has outweighed net selling throughout the day. Cumulative volume delta for the close is recorded at $6,425,390, further supporting the presence of net inflows. Trading activity remains robust with a 24-hour spot volume of $155,892,066 and 834,593 trades executed.
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.
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 50.0%, meaning today's 24-hour ratio of 52.0% represents a 2.0 percentage point increase in buying dominance. This shift indicates a more bullish sentiment today compared to the neutral baseline established over the last seven days. Volume activity has been slightly subdued, with today's volume at 0.93 times the weekly average. Despite this, the coin has seen a price change of -5.0% over the eight-day period. The total volume delta for the week stands at $5,526,979, with net buying occurring on four of the seven days.