Ripple escrow to release 1 billion XRP on October 1
Image: Bitcoin.com NewsRipple's escrow is scheduled to release up to 1 billion XRP on October 1, worth roughly $1.54 billion at current prices. About 31.98 billion XRP remains locked. U.S. spot XRP ETFs hold 1,179.62 million XRP, or 1.18% of the 100 billion supply, after adding 48.39 million XRP in week 39. XRP traded near $1.48 on Binance, down about 2% on the day.
Key points
- Ripple's escrow is set to release up to 1 billion XRP on October 1.
- About 31.98 billion XRP remains locked in escrow, according to XRP Ledger escrow data.
Why it matters
The scheduled release is roughly the size of all XRP held by U.S. spot ETFs. How much actually reaches the market depends on how much Ripple returns to escrow.
What's unclear
It is not yet known how much of the unlocked XRP Ripple will return to new escrow contracts.
Weekly XRP ETF inflow totals differ because trackers use different cutoffs.
Price context · XRP
At publication
$1.47
Now
$1.48
Change since
+0.68%
7 days · dashed line = publication
Sources · 2 publishers
Bitcoin.com News
Tier 2
XRP ETFs Hoard 1.18 Billion XRP as Ripple Readies a 1 Billion Unlock
Coverage timeline
- First reported by Finbold
- Confirmed by Bitcoin.com News
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error