XRP trades near $1.40 today, down roughly -2.5% on the day, a sizeable pullback bounce that sits inside a larger tug-of-war between bulls and a still-heavy chart. Buried in a routine ETF prospectus, though, is a line that has crypto lawyers doing a double-take. What Ripple may or may not have told regulators about its escrow reserves could matter far more than the daily candle. Australian lawyer Bill Morgan flagged the detail while reading the registration statement for the Cryptex Digital Market Cap ETF, filed with the U.S. SEC on August 25, which assigns XRP a portfolio weight near 4.88%. The filing states that Ripple “has indicated” it could release additional XRP from escrow to support on-ledger liquidity for stablecoin and foreign-exchange pairs, but only if the CLARITY Act passes. Morgan posted on X that he could not recall Ripple ever making that statement publicly and asked, reasonably, where the filing’s drafters got it. Although XRP is down a fair amount today, the asset is still up over +27% in the past seven days, and as long as $1.36 support holds, this should be seen as consolidation before the next leg up. Can XRP Price Hit $1.45 This Week? $XRP IS APPROACHING THE BU...
Ripple SEC Filing Exposed: XRP Escrow Claim Raises Questions
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