XRP ETFs Lock $1.18B (0.98% Supply); SHIB 3,000% Skew; JP Morgan MONY on Ethereum

ETFs holding XRP have accumulated $1.18 billion, equal to 0.98% of circulating supply, while price hovers near $2. Shiba Inu derivatives showed a roughly 3,000% liquidation skew favoring long wipeouts. JP Morgan introduced its My OnChain Net Yield fund on Ethereum’s Base network, with a $1 million minimum and a $100 million initial allocation.