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Bitcoin ETFs Bleed $536 Million as Outflows Hammer Markets

A brutal trading day saw bitcoin ETFs lose $536 million and ether ETFs shed $57 million. The sell-off was broad and deep, with nearly every major fund in the red. ETF Sell-Off Deepens: Bitcoin Loses $536 Million, Ether $57 Million The ETF market turned red again as investors rushed to the exits. What began as CoinOtag

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Ripple to Raise Over $1 Billion to Purchase XRP

In a recent post on X, Crypto commentator Crypto Eri amplified a Bloomberg report indicating that Ripple Labs is leading an effort to raise at least $1 billion to purchase and hold XRP in a new digital-asset treasury. The underlying Bloomberg piece attributes the planned fundraising to people familiar with the matter and describes a structure that would house the proceeds in a special-purpose vehicle intended to amass XRP holdings . Bloomberg Reporting Ripple Labs seen leading $1 billion fundraise for $XRP stockpile. Please confirm (DYOR) Source 1 https://t.co/dE9FV6hYYI Source 2 https://t.co/zQPMilEPfe pic.twitter.com/XF3OL8ftyu — Crypto Eri ~ Carpe Diem (@sentosumosaba) October 17, 2025 Mechanics described by reporters According to Bloomberg and several outlets that followed the report, the proposed fundraising would be arranged through a special-purpose acquisition company (SPAC) to create a digital-asset treasury (DAT). The new vehicle would, in effect, aggregate outside capital to acquire XRP and could include a contribution of XRP from Ripple Labs itself into the treasury. Those reporting on the story note that descriptions and details in the article were provided by anonymous sources with direct knowledge of the transactions. Market context and coverage by industry press Coverage from industry publications framed the report against a backdrop of heightened market sensitivity following recent volatility. CoinDesk observed that the initiative, as described in Bloomberg’s reporting, mirrors structures previously used by entities that create corporate- or investor-facing vehicles to accumulate exposure to a single digital token. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Crypto-focused outlets and market news services relayed the core facts of the Bloomberg piece, noting that market response may depend on further confirmations and the eventual legal and regulatory structure of any vehicle used. Implications and what to watch If executed as described, the fundraising would represent a material, institutionally organized accumulation of XRP held in a separately managed treasury, potentially signaling a significant strategic move within the digital asset landscape. Such a development could also indicate growing institutional appetite for structured exposure to XRP . Key items for market participants and observers include formal confirmation from Ripple Labs or the SPAC sponsor, detailed disclosure of the exact mechanics governing token transfers, custody arrangements, and distribution rights, as well as the regulatory framework under which any offering would operate. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple to Raise Over $1 Billion to Purchase XRP appeared first on Times Tabloid . CoinOtag