XRP Had Every Catalyst And Still Went Nowhere

Goldman Sachs built a $154 million XRP ETF position and quietly dumped the entire stake by Q1 2026. Six straight months of red followed from October 2025 to March 2026, with XRP still trading around $1.37 to $1.45.

Meanwhile, institutional money chased AI stocks and semiconductor names while crypto sat in a holding pattern. 

Bitwise Head of Research Ryan Rasmussen described the current environment as “a stage of apathy,” with investors deserting ecosystems they have held for nearly a decade.

Bitwise Says HYPE Is Only 5% Through Its Re-Rating

Meanwhile, Hougan argued on the Milk Road Show that the world is only about 5% done realizing what…

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