The conversion structure reduced friction for allocators who wanted regulated exposure without operational changes to custody arrangements. GXRP's steady flows demonstrate how institutional familiarity still matters in ETF adoption, even when competitors offer lower fees.Grayscale's strength came from existing relationships. Assets from its XRP Trust rolled directly into GXRP at launch, creating instant scale without requiring new capital commitments. The fund now manages more than $220 million, and that ca ...

Ripple’s native cryptocurrency, XRP , continues to be under strong selling pressure and is already trading 7% down since the beginning of 2025. Amid the strong selling pressure coming from whales and long-term holders, the XRP price is on a 6-month downtrend. This comes despite the continuous positive inflows into spot XRP ETFs. XRP Price May See End of Two-Year Bull Run The ongoing market cycle risks breaking a two-year run of positive annual returns XRP. XRP price gained 81% in 2023 and surged 238% in ...

Core Insights - The cryptocurrency market experienced a modest recovery on November 25, with the total market capitalization reaching $3 trillion, driven by a rise in nearly all cryptocurrencies, particularly XRP, which saw a significant increase of 5% to $2.2551 [1][2]. Group 1: XRP ETF Launch - The recent rally in XRP is attributed to the launch of two exchange-traded funds (ETFs) on NYSE Arca on November 24, namely Franklin Templeton's XRP ETF (XRPZ) and Grayscale's GXRP, which provide regulated access to XRP for investors [2]. - David Mann from Franklin Templeton emphasized that XRPZ offers a convenient and regulated way to access a digital asset crucial for global settlement infrastructure [2]. - Krista Lynch from Grayscale noted that GXRP is designed for efficient tracking and straightforward exposure to XRP for investors [2]. Group 2: Market Sentiment and Performance - Analyst Mikybull Crypto described the XRP price trend as "very bullish," highlighting a surge in on-balance volume (OBV), indicating strong buyer interest in XRP [3]. - As of the report, XRP was trading at $2.20, reflecting a slight increase of 0.4% in a day, although it remains over 15% lower than its price a month ago [3]. - Over the past year, XRP has experienced a significant surge of more than 50% [4].

Core Insights - XRP has experienced significant inflows of $89.3 million, contrasting with a broader trend of outflows in the cryptocurrency market, which totaled $1.94 billion last week [1][2] - The total outflows over the past four weeks have reached $4.92 billion, marking the third-largest outflow run since 2018 [1] - Bitcoin led the outflows with $1.27 billion, while Ethereum saw $589 million in outflows, representing 7.3% of its Assets Under Management (AuM) [2][3] XRP Performance - XRP's inflows of $89.3 million occurred while other cryptocurrencies faced significant withdrawals, indicating a unique market position [4] - The launch of spot XRP Exchange Traded Funds (ETFs), such as Canary Capital's XRPC, has contributed to XRP's positive performance, with the ETF recording $58 million on its first trading day [5] - XRP's current trading price is $2.05, reflecting a 0.89% increase in the last 24 hours, despite its previous underperformance [6]

Core Insights - Canary Capital has successfully launched its digital asset ETF suite, which includes the SOLC product, indicating a positive reception in the market [1] - The XRPC ETF achieved a record trading volume on its first day, showcasing strong investor interest and market engagement [1] Company Highlights - The launch of the SOLC ETF marks a significant milestone for Canary Capital in expanding its digital asset offerings [1] - The record day-one trading volume of XRPC reflects the growing demand for digital asset investment products [1]

Core Insights - XRP experienced a significant retreat from the $2.30 resistance level due to profit-taking, indicating that this resistance remains structurally intact [1] - The broader crypto market is under pressure, with risk sentiment softening and technical signals dominating short-term trading behavior [2] - Mixed ETF flows were observed, with the first U.S. spot XRP ETF, XRPC, achieving $58.6 million in opening-day volume but failing to sustain upward momentum in spot markets [3] Price Action Summary - XRP's price dropped 4.58% to $2.18 after a failed breakout attempt at $2.30, leading to heavy selling and a 342% volume spike [5] - The token fluctuated between $2.27 and $2.18, with sellers defending the $2.30 level aggressively [6] - Late-session trading showed extended flat-volume periods, indicating a pause in institutional flows until clearer confirmation around the $2.20 floor emerges [6] Market Sentiment and Trading Strategy - The $2.20 level is critical; holding this level could lead to another attempt towards $2.30–$2.40, while failure below $2.18 could result in a rapid drop to $2.02–$1.98 [7] - Volume confirmation is essential for direction; rising buy volume at $2.20 indicates accumulation, while low-volume bounces remain vulnerable [7] - ETF flows are a key short-term catalyst, with sustained inflows into XRPC potentially bolstering spot liquidity [7]

Core Insights - Canary Capital's XRPC, the first-ever U.S. spot XRP ETF, had a successful launch with a trading volume of $58 million, marking the largest ETF debut of the year [1] Group 1: ETF Market - The launch of XRPC represents a significant milestone in the ETF market, particularly for cryptocurrency-focused funds [1] - The $58 million trading volume indicates strong investor interest and sets a high benchmark for future ETF launches [1] Group 2: Cryptocurrency Market - Bitcoin's price has fallen below $96,000, reflecting ongoing volatility in the cryptocurrency market [1] - The performance of American Bitcoin, linked to the Trump family, reported third-quarter profits, indicating some resilience in the sector despite Bitcoin's price drop [1]

🚀 XRP SPOT ETFS HAVE ARRIVED IN THE US!Bitcoin, Ethereum, Solana… and now XRPC on NASDAQ. Here’s what it means 👇https://t.co/0KK3gAj3Lx ...

Core Insights - Canary Capital's XRPC ETF made a strong debut with $58 million in first-day trading volume, marking the best performance of any ETF launched this year [1][3][9] - The launch of XRPC outperformed Bitwise's Solana ETF, which recorded $57 million on its first day, indicating a competitive landscape among crypto-linked ETFs [3][4] - The strong early performance of XRPC and Solana ETFs highlights a significant institutional interest in altcoins, suggesting a shift in investor focus beyond traditional cryptocurrencies like Bitcoin and Ether [4][5] Market Performance - XRP experienced a notable 7.3% drop, falling below the $2.30 support level during a volatile trading session coinciding with the ETF's debut [7] - The trading session saw a wide range of $0.23, with 157.9 million XRP exchanged, nearly 50% above normal volume, indicating heightened market activity [7][8] - A peak trading moment involved a single-minute burst of 4.06 million XRP, followed by a liquidity freeze, reflecting market stress during the selloff [8] Institutional Interest - The strong opening volume of XRPC suggests a growing institutional appetite for regulated, exchange-listed vehicles that provide access to alternative digital assets without direct token ownership [5][9] - XRP's established role in cross-border payments and its ecosystem have contributed to this institutional interest, despite the token's limited immediate price movement following the ETF launch [5][9] - The ongoing performance of XRPC will be closely monitored to assess broader interest in the XRP Ledger's payment infrastructure and its long-term utility [6]

🔥 UPDATE: Canary Capital's $XRPC hits $58.6M trading volume on day one, largest day-1 for any 2025 ETF launch, edging out $BSOL's $57M, per Bloomberg’s James Seyffart. https://t.co/ggt3KzJbpq ...