Ripple Prime has been shortlisted in four categories at the Hedgeweek US Awards, the company announced this week. The nominations come as XRP sees renewed interest from large holders and spot ETFs continue to attract capital, with cumulative inflows approaching $1.5 billion since the first product launched in November 2025.
Four nominations for Ripple Prime
Ripple Prime is up for Prime Broker of the Year in Client Service, Technology, Specialist Markets, and Start-up & Emerging Managers. CEO Mike Higgins thanked clients and partners in a statement. Voting for winners is open, and the ceremony will take place October 8 in New York.
Whales and sharks keep buying
Santiment data shows that wallets holding between 100,000 and 100 million XRP have added nearly 3% more coins over the past five weeks. Meanwhile, smaller holders — those with less than 0.01 XRP — have been reducing their exposure. Santiment noted that historically, XRP price moves more with key stakeholders and against the smallest retail wallets, which supports the bullish case.
Spot XRP ETFs: slow but steady
The last red day for spot XRP ETFs was July 8. The past trading week saw roughly $7 million in net inflows, but four out of five days had no reportable action. Since the first spot XRP ETF — launched by Canary Capital in November 2025 — cumulative total net inflows have hit almost $1.5 billion. Other issuers include Franklin Templeton, 21Shares, Grayscale, and Bitwise.
Key levels and analyst takes
XRP is currently worth around $1.14, a 3% increase on the week. Analyst Ali Martinez called $1.13 a level of huge importance, saying a decisive breakout could open the door to $1.30. Analyst Cryptollica argued that XRP has reached an all-time low oversold level, stating 'there is no better opportunity' than XRP right now.
The Hedgeweek US Awards ceremony is set for October 8. Until then, the XRP market will watch whether the $1.13 level holds and if ETF inflows pick up again.
