XRP News Today: Despite Record Inflows into XRP ETF, Token Experiences 4.3% Decline
- XRP fell 4.3% to $2.22 despite Canary Capital's XRPC ETF securing $245M inflows, outperforming 2025 ETF peers. - Analysts cite delayed ETF settlement mechanics , macroeconomic pressures, and $28M in XRP liquidations as key price drivers. - XRPC's success contrasted with $866M Bitcoin ETF outflows, highlighting shifting institutional crypto preferences. - Experts predict gradual XRPC-driven demand but warn XRP remains vulnerable below critical $2.30 support level.
XRP experienced a drop of nearly 4.3%, falling to $2.22 within a day after the first U.S. spot
Fabio Marzella, who serves as Founding and Board Director at the XRPL Foundation, clarified that ETF trading procedures delayed the influence on spot prices. "ETF shares are settled on the stock exchange using a T+1 system, so issuers only get the funds the following business day. Only after that can they start buying XRP," he explained,
Although XRPC’s inflows reflected robust institutional appetite, the broader market environment lessened its effect.
The ETF’s strong performance also underscored changing institutional strategies.
Despite the short-term weakness, analysts remain optimistic about XRPC’s long-range prospects. "The ETF’s inflows will eventually lead to XRP purchases, but this process will unfold slowly," said Nate Geraci from the ETF Store,
At present, XRP is holding at a crucial support level near $2.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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