Coinspeaker

Jan 7, 2026

5 0

WisdomTree Withdraws XRP ETF Filing, Market Cap Drops $5 Billion

XRP Market Update

• XRP experienced a decline on January 7, losing approximately $5 billion in market capitalization. The current trading price is around $2.27, marking a 3.2% drop over 24 hours.
• This decrease followed WisdomTree's withdrawal of its XRP ETF filing with the US SEC.
• WisdomTree decided not to pursue the registration statement and withdrew the original filing from December 2024.

ETF Inflows

• Despite the withdrawal, demand for XRP-based funds remains strong with US spot XRP ETFs recording over $1.25 billion in total inflows.
• On January 6 alone, spot XRP ETFs had net inflows of $19.12 million, increasing total net assets to $1.62 billion.
• XRP has increased by about 22% over the past week, adding roughly $25 billion in market cap.

Ripple's Business Expansion

• Ripple's GTreasury unit acquired Solvexia to enhance its finance automation and data analytics services.
• The acquisition aims to extend GTreasury's reporting services for finance and compliance teams.
• In October 2025, Ripple acquired GTreasury for $1 billion.
• In November 2025, Ripple launched spot prime brokerage services for US institutional clients, facilitating OTC trades across various digital assets.