Ripple (XRP) Price Gains on Europe License and Strong ETF Buying Interest

Quick overview

Despite the fact that a lot of negative news is circulating in the market, the Ripple (XRP) coin managed to stop its previous day’s downward trend and gained some fresh traction on the day. However, the reason for its upward trend can be attributed to the recent regulatory success in Europe. On the other side, the continuous buying of XRP by big investors through spot XRP ETFs was seen as another key factor that is supporting the XRP Coin. At this time we are writing this article, the XRP coin is trading at the $1.05 level, showing more than 1 percent gains on the day.

Ripple Gets Big Europe License Good News For XRP

Ripple has recently gained major success in Europe. On 23 June, Luxembourgs financial regulator granted Ripple preliminary approval for a CASP license, which is in line with Europes new MiCA crypto regulations. This allows Ripple to easily operate its payment services across all 30 countries in the European Economic Area. This was seen as a positive factor for the entire Ripple network.

It is also worth mentioning that Ripple now has more than 75 licenses all over the world. This is a big plus for Ripple. Now, with this new license alongside its existing EMI license, it has become much easier for European banks and businesses to use the Ripple system through a single connection. This can make crypto payments between different countries faster and more affordable, which strengthens Ripples position in Europe.

Although XRP price has not seen any major impact yet, because the overall crypto market is declining and investors remain in a cautious mode, this news is helping XRP to limit its deeper losses.

Big Investors Keep Buying XRP Despite Market Going Down

Despite the weaker crypto market, big investors keep buying XRP. This can be clearly seen through the strong inflows in XRP ETFs. There are 7 XRP ETFs that started in November 2025. These are from big companies like Bitwise, Franklin Templeton, and Grayscale. Together they have collected about 1.44 billion dollars till now.

There was also a little buying during the month of June, such as 5.31 million dollars on June 22 and 2.55 million dollars on June 18. However, the highest amount came in May 2026, when 131.94 million dollars was invested. These funds now have around $1 billion in assets and they hold 938.7 million XRP tokens. This shows big players are quietly buying XRP even when the price is going down. Their buying gives a little support to the price and proves they believe in XRP for the long term.

ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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