Thinkstock Quick Read XRP (XRP) fell 8% to 9% within a day of the Canary Capital ETF launch despite the fund pulling in nearly $250M in first-day inflows. The XRP ETF’s in-kind creation structure let holders deposit tokens directly instead of buying on exchanges, which reduced immediate spot price impact. Derivative markets saw $28M in XRP liquidations within 24 hours as traders unwound leveraged long positions during a broader crypto selloff. If you’re thinking about retiring or know someone who ...

Key Points A spot XRP ETF received regulatory approval and started trading on Nov. 13. It had a successful first day, and other major cryptocurrencies have taken in billions through their ETFs. 10 stocks we like better than XRP › XRP (CRYPTO: XRP) is one of the oldest and most successful cryptocurrencies. Launched by blockchain payments company Ripple in 2012, XRP is now worth $139 billion, making it the fourth-largest coin by market cap (as of Nov. 14). Over the last six months, XRP is down 10%, u ...

US spot XRP exchange traded funds are is seen to fuel a big bang for the Ripple-linked cryptocurrency’s price in November. The $136 billion digital coin is well-positioned to lead the next wave of the bull run alongside a tsunami of imminent ETF approvals. That’s according to Ryan Lee, chief analyst at crypto exchange Bitget, who told DL News that XRP’s price is well-positioned to surge some 21% to hit as high as $2.75 thanks to “cross-border liquidity flows and momentum around stablecoin initiatives.” ...

On a day when the new XRP exchange-traded fund set a 2025 record for daily net inflows, established Bitcoin and Ethereum funds endured one of their worst days for investments.  On Thursday, the 11 spot BTC ETFs shed nearly $867 million in assets, the second highest total in their 22-month history, while the nine ETH funds bled an additional $260 million, according to UK asset manager Farside Investors.   The outflows occurred on a rocky day for digital assets, with Bitcoin dropping below $98,500 for the fir ...

Key Points Canary Capital's XRP spot ETF could begin trading on the Nasdaq exchange in the very near future. The launch of XRP ETFs could broaden the reach of the token and accelerate adoption trends. 10 stocks we like better than XRP › XRP (CRYPTO: XRP) could be on the verge of a major turning point. The launch of the first exchange-traded fund (ETF) built around the token appears to be imminent. Canary Capital recently submitted a Form 8-A filing with the Securities and Exchange Commission (SEC), ...

Crypto firm Bitwise Asset Management's successful push to launch the first U.S. spot Solana ETF while the Securities and Exchange Commission was shut down has upended the regulatory playbook and force... ...

XRP climbed 3.6% to $2.31 in Saturday trading, breaking above key resistance at $2.28 as ETF momentum and network growth drove renewed institutional interest. Volume surged 86% above the 24-hour average during the breakout, lifting the token to its strongest close in over a week while outperforming Bitcoin and Ethereum amid subdued broader market activity. Canary Capital Group filed an amended prospectus for its proposed Canary XRP ETF, moving the fund closer to potential SEC approval under Section 8(a). ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Ripple, the blockchain company behind XRP (CRYPTO: XRP), is rapidly expanding its institutional footprint through a series of strategic acquisitions and new product offerings, signaling preparation for a potential XRP ETF launch. What Happened: Ripple unveiled Ripple Prime, its new digital asset spot prime brokerage platform in the U.S., following the acquisition of multi-asset broker Hidden Road. The plat ...

Core Insights - Litecoin price closed October at $99, gaining 3% as the U.S. welcomed its first Litecoin ETF, the LTCC fund, which began trading on October 28 [1] - The cumulative total net inflow for LTCC reached $719,970, with a total traded value of $802,260 and total net assets of $1.64 million as of October 31 [1] - Litecoin's ETF performance is lagging compared to Solana and Hedera, with Solana's fund amassing $199 million in inflows and $502 million in net assets, while Hedera's ETF recorded $44 million in inflows and $45.93 million in assets [2] Market Dynamics - Litecoin's correlation to Bitcoin appears to limit demand for the LTC ETF, with Bitcoin ETFs experiencing net outflows of $191 million on Friday, contributing to total withdrawals exceeding $1 billion in the last three days of trading [2] - Stake.com, a major crypto gaming platform, accounts for nearly 16% of daily Litecoin on-chain transactions, indicating continued demand in online payment ecosystems [3] - Litecoin records an average of 200,000 daily on-chain transactions, boosted by Stake.com payments integration [4] Transaction Efficiency - The median Litecoin transaction fee remains below $0.0005, positioning LTC as one of the cheapest and fastest networks for high-volume microtransactions [5] - This real-world usage aligns with the trend of altcoins regaining ground in payment utility markets, particularly in regions adopting low-fee payment rails [5] Price Analysis - Litecoin's recent rally toward $99.00 reflects improving sentiment after weeks of turbulence, with LTC/USD trading just below the upper Bollinger Band at $101.28 [6] - The Parabolic SAR indicates lingering bearish sentiment at $109.97, while the Relative Strength Index (RSI) is trending upwards to 49.5, suggesting a potential shift in market momentum [7] - The MACD line has crossed above the signal line, indicating a potential bullish reversal, with LTC price poised to reclaim the $100 psychological mark [7]

Core Insights - Solana becomes the first U.S. spot cryptocurrency ETF to launch, joining Bitcoin and Ethereum in the ETF market [1][2] - Four new crypto ETFs are set to begin trading, with Solana leading the way alongside Litecoin and Hedera [2][3] - The launch of Solana ETFs is significant as it opens access to SOL for retirement accounts and institutional portfolios [5][8] Group 1: ETF Launch Details - Two Solana ETFs are launching: the Bitwise ETF, which will track 100% spot SOL and participate in staking, and the Grayscale Solana Trust converting to an ETF [2][7] - The launch of these ETFs marks the first wave of altcoin ETFs in the U.S. following the Bitcoin and Ethereum ETF introductions earlier this year [3] Group 2: Market Context and Implications - Solana is now a top-5 cryptocurrency by market cap, trading near $200, and has higher daily transaction metrics than Ethereum [5] - The introduction of Solana ETFs enhances liquidity and positions Solana alongside Bitcoin and Ethereum in a regulated environment, which is a notable shift from the FTX collapse two years ago [8] - The absence of BlackRock in the Solana ETF space contrasts with its dominant presence in Bitcoin and Ethereum ETFs, indicating potential future developments [8]