Japan is quietly becoming one of the most important regions in the long-term XRP story. Ripple and SBI Holdings plan to launch RLUSD—Ripple's USD-backed stablecoin—in Japan by Q1 2026 through SBI VC Trade, pending regulatory approval. The project is being built through licensed trust banks and exchanges under Japan's Payment Services Act.That level of capital would reshape demand and strengthen the case for XRP hitting $5. It would also position XRP as the only crypto asset with an ETF tied to a fully regul ...

Spot XRP ETF products have taken the broader cryptocurrency market by surprise with their massive inflows as some other altcoin funds struggle to find stability. The demand for the XRP ETF is on the rise and has led to an uninterrupted inflows streak. This outlook suggests that institutional investors are confident about XRP’s long-term potential. XRP ETFs Outperform Counterparts On December 22 alone, US XRP ETFs recorded about $43.9 million in net inflows, marking their strongest daily showing since e ...

Core Insights - Institutions have invested over $1 billion into US spot XRP exchange-traded funds (ETFs) since their launch in November, with no recorded outflows, indicating strong institutional adoption of XRP [1] - The inflows into XRP ETFs contrast sharply with Bitcoin and Ethereum ETFs, which experienced significant outflows of $2.9 billion and $930 million respectively during the same period [2] - Despite the $1 billion milestone in ETF inflows, XRP's market position has declined, dropping from the fourth to the fifth largest cryptocurrency, with its price currently 47% below its all-time high of $3.65 [3] ETF Market Dynamics - The performance of XRP ETFs is part of a broader trend in the ETF market, which has seen a surge in new products, including a notable $250 million investment in the Canary Capital XRP ETF launched on November 13 [5] - Vanguard, a major asset manager, has recently entered the crypto ETF market, including XRP products, responding to growing investor demand [6] - Other investment firms like Bitwise and Grayscale have also launched XRP ETFs, contributing to the expanding ecosystem of cryptocurrency investment products [6][7] Long-term Value Considerations - Analysts caution that short-term price fluctuations related to ETF flows should not be confused with the fundamental value of XRP, which is determined by utility, network usage, and the underlying technology [4]

Group 1 - Cardano has gained increased visibility as Bitwise moved its Bitwise 10 Crypto Index ETF to NYSE Arca, placing ADA alongside the ten largest cryptocurrencies [1] - The inclusion of ADA in the index allows traditional investors to access it through regular brokerage accounts without needing crypto wallets or on-chain transfers [2] - ADA holds a 0.65% share of the index, which tracks the largest and most established digital assets, with monthly updates on liquidity and regulatory standards [2] Group 2 - Cardano's price has increased by approximately 6.3% over the past 24 hours, trading near $0.4254, but has faced resistance around the $0.45 mark [3] - The price movement has been characterized by a steady downtrend, with each bounce forming lower highs and pullbacks leading to lower lows [4] - Recent trading shows a rejection just under $0.46, indicating that buyers are struggling to overcome short-term resistance [5] Group 3 - If the price falls below the established support level, the downtrend may continue, potentially leading to a deeper drop [6] - Current momentum remains weak, with no clear signs of a price reversal on the chart [6]

Core Insights - Grayscale's Dogecoin ETF (GDOG) launched with zero first-day inflows, raising concerns about the market's potential decline towards $0.13 [1][2] - The ETF's debut saw no net creations, a rare occurrence for a new single-asset product, despite active trading [2] - Secondary trading volume was approximately $1.41 million, significantly lower than the projected $12 million [3] Company Perspective - Grayscale emphasized a long-term investment strategy over immediate inflows, highlighting the benefits of GDOG's listing on NYSE Arca [4] - The company aims to enhance investor access to digital assets, aligning with the maturation of Dogecoin from internet culture to real-world utility [5] Industry Context - The launch of GDOG occurs amid a challenging environment for single-asset crypto ETFs, with nearly $2 billion in weekly outflows from crypto investment products [5] - Over 100 single-token ETFs are anticipated to enter the market in the coming months, increasing competition [5] - Technical analysis indicates that Dogecoin's price has faced resistance, with key moving averages between $0.147 and $0.170 acting as barriers [7]

Another Dogecoin (DOGE) ETF is expected to hit the market soon after NYSE Arca approved the listing and registration of Bitwise’s Dogecoin ETF, BWOW, according to an SEC filing from Tuesday.  BWOW, registered under the Securities Act of 1933, will grant investors exposure to the leading meme coin, with assets to be custodied by Coinbase Custody Trust.  The certification comes just a day after Grayscale launched its spot Dogecoin ETF—GDOG—which earned around $1.4 million in daily trading volume.  Though “sol ...

Inflows into the spot Litecoin ETF have fallen to zero over the past five trading sessions, showing very little demand compared to other crypto ETFs like Solana and XRP . As a result, LTC’s price gains are modest compared with other altcoins in the market. Canary Litecoin ETF Sees No Inflows for Five Sessions The Canary Litecoin ETF (LTCC) continues to struggle for traction among newly launched digital asset funds. The fund has the weakest performance among all the newly launched crypto ETFs. Data fro ...

Grayscale’s Dogecoin ETF (GDOG) begins trading as Bitwise’s BWOW nears approval. | Credit: Hameem Sarwar. Key Takeaways Grayscale’s new Dogecoin ETF launched with zero net flows and muted trading. Bitcoin ETFs continued their multi-week outflow streak. XRP, Solana, and Ethereum spot ETFs saw fresh inflows, reversing Friday’s broader crypto slump. Dogecoin’s long-awaited Wall Street debut arrived—and barely made a sound. Grayscale’s GDOG, the first U.S. spot Dogecoin (DOGE) exchange-traded fund (E ...

The crypto investment firm Grayscale’s XRP and Dogecoin exchange-traded funds, or ETFs, will begin trading on the New York Stock Exchange tomorrow. The US Securities and Exchange Commission issued its approval for the XRP ETF fund in a November 21 release, with a separate note published the same day confirming the DODGE ETF approval. On X, Bloomberg’s senior ETF analyst Eric Balchunas said that the Dogecoin ETF’s transaction volumes could hit the $11 million mark on November 24. “[SEC approval for the Gr ...

Core Insights - Grayscale is set to launch new exchange-traded fund (ETF) products linked to Dogecoin and XRP on November 24, following approval to list these products on the New York Stock Exchange [1][2] - The Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) will be spot ETPs that hold their respective underlying tokens, marking a significant liquidity event for current investors [2][3] - The launch of GDOG and GXRP expands the range of crypto ETFs available in the US, moving beyond the initial focus on Bitcoin and Ethereum products [4] Company Developments - Grayscale is converting its existing private trusts into fully listed ETFs, which is expected to attract significant investor interest [2] - The GXRP ETF will enter a competitive market that already includes products from Canary Capital and Bitwise, which have seen combined inflows of approximately $422 million in their first two weeks of trading [2][3] - GDOG will be among the first Dogecoin ETFs available to US investors, capitalizing on Dogecoin's popularity and retail following [3] Industry Trends - The launch of these ETFs reflects a broader shift in regulatory conditions under SEC Chairman Paul Atkins, who is moving towards a disclosure-focused framework for digital assets [5] - The SEC's "Project Crypto" initiative indicates a willingness to review compliant digital asset products, facilitating the listing of new ETFs [5] - Analysts predict that GDOG could attract as much as $11 million in trading volume on its first day, highlighting strong market interest [4]