XRP Surges 1.445% as VivoPower Expands Treasury Strategy

XRP's latest price was $3.09, up 1.445% in the last 24 hours. VivoPower International has expanded its treasury strategy by swapping mined tokens for XRP, which has driven a rise in XRP open interest and institutional interest. This move signals a recovery in the token’s market as institutional strategies strengthen. VivoPower’s Treasury Strategy Expands VivoPower International has announced its intention to scale up its proof-of-work mining unit, Caret Digital. The company will secure bulk discounts for additional mining rigs and convert mined assets into XRP. This strategy is a core part of VivoPower’s broader treasury approach, which involves accumulating XRP at a favorable cost basis. In a press release, VivoPower emphasized that it plans to continue leveraging its mining operations to increase XRP exposure. This move builds on the firm’s earlier initiatives, which include a pledge to dynamically manage asset allocations through direct XRP purchases, mining swaps, and Ripple Labs equity exposure. By exchanging mined tokens for XRP, VivoPower aims to secure the digital asset at lower average costs, boosting its holdings while increasing exposure to the altcoin.

XRP’s futures market has seen a notable increase in open interest, which had fallen sharply last month. The rise in open interest suggests that traders are anticipating volatility in the coming months, with many believing that XRP could regain its bullish momentum. Rising open interest is often considered a sign of stronger conviction in the market. The increase in XRP’s derivatives market comes amid favorable positioning for long positions. Data reveals that the number of long contracts far outweighs short positions, which historically correlates with potential price recoveries if sustained by volume.

Institutional activity surrounding XRP continues to grow, particularly through VivoPower’s increasing treasury investments. In addition to the mining strategy, VivoPower recently announced plans to acquire $100 million worth of Ripple shares at a discounted rate of $0.47 per token. This equity investment further solidifies VivoPower’s commitment to XRP as part of its long-term strategy. Furthermore, VivoPower’s partnership with blockchain firms to unlock yield through decentralized finance (DeFi) protocols is expected to enhance the utility of its growing XRP holdings. The firm’s partnership with Flare Networks, for instance, involves deploying $100 million worth of XRP onto its layer-1 chain to generate revenue streams through DeFi protocols. This move aligns with VivoPower’s goal to expand its exposure to XRP while simultaneously participating in the wider blockchain ecosystem.

XRP is drawing fresh attention from traditional finance as new products roll out in both securities and derivatives markets, broadening access points for exposure to the token. On Sept. 18, REX Shares and Osprey Funds will debut the first U.S.-listed exchange-traded funds (ETFs) tied to XRP and Dogecoin on the Cboe BZX Exchange, under the tickers XRPR and DOJE. The structure reflects the realities of building regulated crypto ETFs in the U.S., where sponsors have sometimes layered in indirect exposure. Even so, the launches mark the first time American brokerage accounts will have access to XRP- and DOGE-focused ETFs, expanding beyond bitcoin and ether, which dominate the ETF landscape. Less than a month later, CME Group plans to deepen its crypto derivatives lineup by listing options on XRP and Solana futures, targeted for Oct. 13 pending regulatory review. Options will be listed on both the standard contracts and their smaller “micro” versions, designed to serve institutions, trading desks, and active individuals alike. Expiry choices will include every business day, each month, and each quarter, creating a wider term structure for managing exposures. The exchange said the decision follows strong growth in its newer altcoin futures. Since March, SOL futures have logged over 540,000 contracts traded, while XRP futures, introduced in May, have seen more than 370,000 contracts change hands. Market participants including Cumberland and FalconX welcomed the additions, citing the need for hedging tools beyond bitcoin and ether. Headquartered in Chicago, CME Group runs the world’s largest regulated derivatives marketplace, where listed crypto futures and options allow participants to hedge positions with central clearing and margining. Adding XRP and SOL options builds on the firm’s progression from bitcoin and ether into a wider set of liquid tokens.

VivoPower International’s digital asset arm, Caret Digital, said it secured bulk mining rig discounts and plans to acquire XRP at steep discounts by exchanging mined tokens through bulk purchasing deals. CME Group announced plans to launch XRP and Solana options contracts on Oct. 13, pending regulatory approval, building on strong demand in their existing futures markets. Since May, more than 370,000 XRP futures contracts have traded. The launch of these options contracts builds on the significant growth and increasing liquidity seen across the suite of Solana and XRP futures. REX Shares announced the launch of REX-Osprey XRP ETF, being the first U.S.-listed ETFs offering spot exposure to XRP offering investors a way to access these digital assets through an ETF structure.

Brad Garlinghouse, the CEO of Ripple has confirmed that XRP will be a part of the U.S. government’s digital assets stockpile. In an interview, Garlinghouse explained that XRP will be added in the government’s digital asset reserve. He also said this is part of a plan to create a strategic stockpile of digital currencies. Garlinghouse emphasized on XRP’s role, saying that an XRP ETF could launch before the end of 2025, marking quite a big moment for crypto. This shows a rising trust in XRP by the high government.

The U.S. financial market marks a significant development for XRP as REX Osprey prepares to launch the country's first spot exchange-traded fund (ETF) offering exposure to XRP on September 18th. This introduction represents a major milestone in integrating the digital asset into the mainstream regulated financial landscape.

Complementing the ETF launch, the CME Group, a leading global derivatives exchange, has announced the addition of options contracts referencing its XRP futures. Trading for these new XRP options is scheduled to commence on October 13th, providing institutional and professional traders with expanded tools for managing exposure and strategies related to the cryptocurrency. The simultaneous introduction of a spot ETF and standardized exchange-listed options signifies substantial progress in XRP’s institutional adoption and accessibility within traditional finance frameworks.

In a separate strategic development, Ripple's Chief Executive Officer has publicly confirmed ongoing efforts towards XRP government adoption. The CEO stated that XRP is expected to become part of the U.S. government's digital asset holdings, signifying a notable level of recognition at a governmental level. While specifics regarding the scale or mechanisms of this integration were not elaborated upon, this announcement underscores Ripple's push for deeper institutional and public sector engagement with the XRP Ledger technology and its native asset.