Is Citadel’s XRP ETF A Game-Changer Or Is It Another Empty Whistle?
Citadel Advisors, a strong Wall Street hedge fund based by billionaire Ken Griffin, has reportedly made a collection of strikes into Spot XRP ETFs, based on unverified experiences circulating throughout the crypto markets. The agency, identified for its extremely disciplined strategy to investing and its large affect throughout world monetary markets, is claimed to have closed all its put choices on the Canary XRP ETF whereas sustaining its name choices. This mixture has drawn important consideration from analysts and traders monitoring institutional exercise within the crypto house, because it probably alerts Citadel’s perception that the XRP price could rise soon.
Citadel Files 13F On Canary XRP ETF
Market analyst Xaif Crypto disclosed in an X submit on May 16 that Citadel has reportedly filed a 13F with the US Securities and Exchange Commission (SEC), revealing a significant stake within the XRP ETF. According to claims going round, the agency holds $1.7 million in XRP publicity throughout a number of suppliers, together with Bitwise, Canary, Franklin, and Grayscale.
These claims counsel that Citadel had beforehand held put choices on its XRP ETF, a transfer that might have protected it if the cryptocurrency’s price fell. Those places at the moment are mentioned to be utterly closed out at 100%, which means Citadel allegedly eliminated its complete security internet.
What makes this transfer much more fascinating, if confirmed, is what the Wall Street agency had reportedly stored after it closed out all its places. Citadel is claimed to nonetheless maintain 34,900 name choices on its XRP ETF, bets that might repay considerably if the cryptocurrency’s value surges increased. Although the scale of the bets tied to these positions has not been revealed.
In large-scale investing, an organization eradicating its draw back safety whereas conserving upside bets is mostly learn as an indication of rising confidence in an asset. This implies that Citadel doubtless expects XRP’s downtrend to finish quickly, probably flipping into bullish territory as soon as extra and triggering a recent rally.
Although the rumored 13F submitting stays unconfirmed, what is definite is that Citadel and Fortress co-led a $500 million round in Ripple in November 2025, valuing the crypto firm at $40 billion. This means that the hedge fund has proven curiosity within the XRP ecosystem effectively earlier than the most recent claims emerged.
XRP ETFs See Highest Weekly Inflow This Year
X Finance Bull, a widely known crypto analyst on X, announced on May 18 that XRP spot ETFs recorded their highest weekly influx since January 2026, pulling in $60.5 million. This capital brought the crypto fund’s cumulative whole internet influx to a whopping $1.39 billion. Notably, the surge in demand got here throughout a interval when XRP’s price remained low and was consolidating. X Finance Bull famous that whereas retail traders panicked and sold into the dip, establishments continued to build up XRP-linked merchandise at an accelerated tempo.
The analyst defined that this weird reverse motion between retail and institutional traders is because of upcoming occasions that might considerably influence the XRP value. X Finance Bull factors to a collection of regulatory and structural developments that institutional gamers look like monitoring intently.
Among them are the CLARITY Act markup, the appointment of Kevin Warsh as Fed Chair, the Ripple Prime $200 million facility, a DTCC working group, and reported settlement exercise involving JPMorgan Chase and Mastercard on the XRP Ledger (XRPL). He famous that these are the sorts of developments that giant funds are likely to place round effectively forward of any value motion.