Virtu Financial Acquires $63M in XRP Amid Sell-Off
- Virtu Financial’s $63M XRP acquisition amid $260M daily sell-offs impacts market.
- Virtu Financial’s leadership expands digital asset holdings.
- Increased sell-offs suggest potential institutional pressure on XRP value.
Virtu Financial, a Wall Street trading firm, disclosed a $63M holding in XRP on September 30, 2025, amid notable whale sell-offs of the cryptocurrency.
Institutional involvement signals growing interest in XRP, potentially affecting market dynamics, while increasing daily sell-offs reflect heightened volatility and sell pressure.
Virtu Financial, a Wall Street firm with $7 billion market capitalization, holds $63 million in XRP as of September 30, 2025. This disclosure, revealed in an SEC filing, coincides with significant whale sell-offs.
The U.S.-based trading firm led by CEO Douglas A. Cifu diversifies its digital assets portfolio by adding XRP. Traditionally, Virtu has focused on Bitcoin and Ethereum, marking a shift in its investment strategy.
Ripple’s ecosystem observes increased sell pressure, with long-term holders significantly increasing sales to $260M daily. This suggests Virtu’s acquisition has not countered market liquidity challenges for XRP.
Amid regulatory clarifications on XRP’s legal status, other institutional investors like Evernorth also bolster XRP holdings. Such movements signal potential broadened adoption of XRP by established financial entities.
XRP’s recent price dip from $3.30 to $2.40 may reflect tensions between institutional acquisitions and sell-offs. Virtu’s involvement further underscores the intricate dynamics in the current digital asset landscape.
“The $63 million investment by Virtu Financial not only legitimizes XRP in the eyes of investors but also underscores the shift in market dynamics, with longtime holders liquidating significant portions of their assets.” – Industry Expert, Digital Asset Researcher
The market may anticipate further financial implications, given Virtu’s new crypto focus. With increasing institutional interest, the potential for long-term financial engagement with XRP remains an industry topic of interest.
