Every week we pick the one story in the XRP ecosystem that deserves more than a headline — an ETF flow milestone, an RLUSD supply record, an XRPL protocol change, a regulatory turn — and write it up as a full research report: background, mechanics, data, multiple perspectives, scenarios and risks.
The most-watched number in XRP markets, dissected: how ETF creations really work, where the $4.2B came from, who the buyers are, the issuer fee war, what options would change, the bear case, and three scenarios for the rest of 2026.