Cryptex ETF assigns XRP 4.88% as Ripple liquidity plans draw scrutiny

Cryptex Finance’s Pre-Effective Amendment No. 3 for its proposed Digital Market Cap ETF assigns XRP a 4.88% fund weight and 4.36% index weight and says Ripple may release additional XRP from escrow to support on-ledger stablecoin and foreign-exchange liquidity if regulatory clarity arrives through the CLARITY Act. The statement is Cryptex’s disclosure, not a Ripple announcement or SEC finding, and cites no source; attorney Bill Morgan questioned the attribution on Aug. 26, 2026. Because XRP Ledger escrow is protocol time-locked, the claim more plausibly concerns distributing more of each scheduled 1 billion XRP monthly release rather than re-escrowing the usual 60% to 80%. Historical net releases have averaged roughly 200 million to 300 million XRP monthly. Investors are assessing XRP’s recent rally and monitoring the Sept. 1 unlock, the Sept. 15 Senate cloture vote, ETF developments, whale activity, on-chain data and technical levels. The filing calls the unlocks the largest structural supply event among major digital assets and warns that sales of newly released XRP may pressure prices. The CLARITY Act cleared the Senate Banking Committee 15-9 on May 14 and needs 60 votes to overcome a filibuster; President Trump urged Congress to pass it at an Aug. 19 White House meeting with SEC Chairman Paul Atkins, CFTC Chairman Michael Selig and Ripple CEO Brad Garlinghouse. XRP already has a joint SEC-CFTC digital-commodity classification, and Ripple’s SEC case ended in August 2025, leaving unclear what additional clarity the bill would provide. The ETF remains pre-effective.

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