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Crypto

XRP Leads Wealth Manager Crypto Interest Despite ETF Outflows

Bitwise research shows XRP was the most asked-about cryptocurrency at a wealth manager presentation.

TruthFoundry News Desk
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Stands on 7 placed sources from 2 publishers.
As of 2026-09-03 14:48 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Ryan Rasmussen, a research analyst at Bitwise, stated that XRP was the most asked-about cryptocurrency during a presentation to approximately 400 wealth managers. [1] Bitwise chief investment officer Matt Hougan discussed Bitcoin, Solana, Hyperliquid, stablecoins, and tokenization alongside Rasmussen during the presentation. [2] Goldman Sachs was the largest disclosed institutional holder of XRP at the end of the second quarter with approximately $87.4 million in exposure. [3] U.S. spot XRP exchange-traded funds recorded net outflows of approximately $7.2 million on September 2, breaking a streak of 11 consecutive sessions of net inflows. [4] An audience poll at an event for roughly 400 wealth managers on 2026-09-03 found that 67% of attendees hold no crypto allocation at all, while 60% expect prices to be higher by the end of 2026 and plan to allocate within the next year. [5] XRP rose 4% on 2026-09-03 to trade at $1.38 after touching a low of $1.3409. [6] XRP's price chart has been forming a descending triangle since an August 2026 spike to roughly $1.70, with the $1.35-$1.38 zone serving as primary demand and the 200-day EMA reinforcing $1.33-$1.35 as structural support. [7]
Proof7 sources · 2 publishers
What this stands on
  1. Ryan Rasmussen, a research analyst at Bitwise, stated that XRP was the most asked-about cryptocurrency during a presentation to approximately 400 wealth managers. · u.today
  2. Bitwise chief investment officer Matt Hougan discussed Bitcoin, Solana, Hyperliquid, stablecoins, and tokenization alongside Rasmussen during the presentation. · u.today
  3. Goldman Sachs was the largest disclosed institutional holder of XRP at the end of the second quarter with approximately $87.4 million in exposure. · u.today
  4. U.S. spot XRP exchange-traded funds recorded net outflows of approximately $7.2 million on September 2, breaking a streak of 11 consecutive sessions of net inflows. · u.today
  5. An audience poll at an event for roughly 400 wealth managers on 2026-09-03 found that 67% of attendees hold no crypto allocation at all, while 60% expect prices to be higher by the end of 2026 and plan to allocate within the next year. · Cryptonews
  6. XRP rose 4% on 2026-09-03 to trade at $1.38 after touching a low of $1.3409. · Cryptonews
  7. XRP's price chart has been forming a descending triangle since an August 2026 spike to roughly $1.70, with the $1.35-$1.38 zone serving as primary demand and the 200-day EMA reinforcing $1.33-$1.35 as structural support. · Cryptonews
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