NEW YORK, Jan 4, 2026, 12:38 ET — Market closed
- XRP was up about 5% over the past 24 hours, holding near $2.10.
- The SEC confirmed the departure of Commissioner Caroline Crenshaw on Friday.
- Traders are watching a Jan. 13 House Financial Services digital assets hearing as Washington’s crypto agenda restarts.
XRP held above $2 on Sunday, extending a rally that has outpaced major tokens as traders latched onto U.S. regulatory signals and new ETF demand. The token was up about 5% over the past 24 hours at roughly $2.10, according to Coinbase pricing. 1
The move matters because XRP has been unusually sensitive to Washington’s tone after years of legal and regulatory scrutiny, and because U.S.-listed exchange-traded funds have added a stock-like wrapper for investors who want exposure without holding the token directly. An ETF is a fund that trades on an exchange like a share and is often used to simplify access to an asset. 2
It also lands ahead of a busy January policy calendar in the U.S. House, where the Financial Services Committee has scheduled a Jan. 13 hearing by its Digital Assets, Financial Technology and Artificial Intelligence subcommittee, according to a committee notice. 3
XRP is the native token of the XRP Ledger and is used by Ripple’s payments network for cross-border transfers, Coinbase said in background material. The token’s weekly gain was about 12% based on Coinbase’s price history. 1
The regulatory focus sharpened after the Securities and Exchange Commission said on Jan. 2 that Commissioner Caroline Crenshaw was departing. “Commissioner Caroline Crenshaw has devoted more than a decade of distinguished service to the Securities and Exchange Commission,” SEC Chair Paul S. Atkins and commissioners Hester M. Peirce and Mark T. Uyeda said in a joint statement. 4
On the market side, the growth of U.S.-listed XRP products has become a key reference point for short-term positioning. The Cboe BZX Exchange listed the 21Shares XRP ETF under ticker TOXR with a first trading date of Dec. 11, 2025, according to a Cboe new-issue notice. 5
A filing for the 21Shares XRP ETF said the fund aims to track XRP using a CME CF XRP–Dollar reference rate as a pricing benchmark, after expenses. 2
Grayscale’s XRP trust ETF page showed assets under management of about $242 million as of Jan. 2, along with holdings of roughly 122.2 million XRP. 6
XRP’s strength has stood out against a steadier backdrop for the largest tokens. Bitcoin traded near $88,000 and ether held above $3,000 early in 2026, the Economic Times reported on Jan. 2. 7
But the rally is still vulnerable to a shift in risk appetite or a reset in expectations around U.S. policy, especially if legislative timelines slip or regulators signal tougher oversight. Crypto prices can reverse quickly when flows slow and leveraged positions unwind.
Traders next look to whether XRP can stay above the $2 level into Monday, and to the Jan. 13 House hearing for fresh signals on how Congress plans to approach fintech and digital-asset rules this year. 3
