Ripple (XRP) News Today, September 2nd: XRP Rewards Card, New ETF Filing, and RWA Boom

Credit Card Focused on XRP Rewards

In a major step for crypto utility, Gemini has launched a new credit card that rewards users in XRP.

• Key Features:
  • Earn cashback in XRP on everyday purchases
  • Supports RLUSD, Ripple’s U.S. dollar stablecoin, for seamless trading on Gemini
  • Targets mainstream adoption by linking crypto rewards to daily spending

This move strengthens the Ripple-Gemini partnership and positions XRP as a spendable digital asset, not just a speculative token.

Another XRP ETF Listing, But With a Twist

The U.S. SEC may delay spot ETFs, but innovation is bypassing the bottleneck.

• New Filing: An Illinois-based investment firm with $12B+ in AUM has filed for an XRP Options Income Fund
• Not a Spot ETF: This product will use options strategies to generate monthly yield for investors
• Structure: Monthly expirations allow for strategy resets and steady income distribution

While not a spot ETF, this is a significant step toward institutional exposure—and could pave the way for broader acceptance.

📈 Spot ETF Outlook:

• Approval Odds: 87% (per Polymarket) by end of 2025
• Decision Window: October 2025 for key filings (Grayscale, VanEck)

The momentum for a spot XRP ETF has never been stronger.

XRP Ledger Posting Highs: RWA Market Cap Jumps 144%

The XRP Ledger (XRPL) is emerging as a leading RWA platform.

• Q2 2025 RWA Value: $130 million
• August 2025 RWA Value: $320 million+ — a 144% increase in just 8 weeks
• Top Projects:
  • Ondo Finance (tokenized Treasuries)
  • OnRe (Onchain Yield Coin)
  • RLUSD (Ripple’s regulated stablecoin)

With fast settlement (3-5 seconds) and near-zero fees, XRPL is becoming the infrastructure of choice for institutions tokenizing assets.

Price Outlook: Consolidation Before the Next Leg Up?

• Recent High: $3.00 (Tuesday close)
• Current Price: ~$2.70 — 10% pullback
• Possible Causes:
  • Profit-taking after rally
  • Macro uncertainty
  • Political volatility ahead of U.S. elections

Despite the dip, social sentiment remains bullish.

• Bull Case: Break above $3.10 → target $4.00+
• Bear Case: Failure to hold $2.50 → potential drop to $2.00

Analysts are mapping out the path to a new all-time high, with ETF approvals and RWA growth as key catalysts.

Final Takeaway: XRP’s Utility and Institutional Momentum Are Accelerating

• ✅ Gemini XRP Rewards Card = real-world spending utility
• ✅ New Options ETF Filing = institutional innovation
• ✅ RWA Value Up 144% = XRPL is the infrastructure play
• ✅ 87% ETF Approval Odds = regulatory tailwinds building

While price fluctuates, the fundamentals are strengthening rapidly.

And in 2025,

the real story isn’t just XRP’s price—
it’s the ecosystem quietly reshaping global finance.