XRP led a broad crypto retreat on Sept. 2, 2026, as a scheduled escrow release, oil above $90-$92 a barrel, Treasury yields near 4.78%-4.79% and rising rate-hike expectations drove $369.67 million in derivatives liquidations affecting more than 90,000 leveraged traders. XRP later traded near $1.32-$1.35 after a 72% August advance to about $1.70, while U.S. spot XRP ETFs continued attracting capital, including roughly $14 million on Tuesday and cumulative inflows reported between $1.66 billion and $1.68 billion. Bitwise's fund held about $507 million after Monday's close, and Ripple Labs expanded its institutional offering through a custody and tokenization partnership with SettleMint. The XRP Ledger also surpassed 3 billion transactions, while Evernorth advanced toward a potential Nasdaq listing under XRPN.