XRPI is trading 3.19% up at $7.77 as XRP stabilizes after its 6.35% decline on August 26.

  • The rebound follows profit-taking and overheated leverage behind XRP’s August 26 weakness.
  • XRP stabilization and stronger U.S. futures are supporting the XRP-linked ETF; XRPI provides one-to-one XRP exposure.
  • Broader risk sentiment is modestly positive, with Nasdaq Composite up 0.64%.