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 XRPβs 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%.