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Bitcoin Updates: XRP ETFs See Increased Investments While Price Drops Close to $2 During Bitcoin Outflow

Bitcoin Updates: XRP ETFs See Increased Investments While Price Drops Close to $2 During Bitcoin Outflow

Bitget-RWA2025/11/19 18:40
By:Bitget-RWA

- Bitcoin fell below $90,000, triggering $866M in ETF redemptions and heightened volatility across crypto markets. - XRP clings to $2 support amid mixed signals: $58.6M inflows into new XRPC ETF contrast with $28M in 24-hour liquidations. - Technical indicators show extreme oversold conditions for XRP, with 41.5% of circulating supply at unrealized losses. - Institutional moves like Harvard's $443M Bitcoin bet highlight crypto's evolving role despite macro-driven selloffs.

Bitcoin's steep fall beneath $90,000 has sparked a wave of institutional withdrawals and heightened volatility throughout the cryptocurrency sector, with

struggling to maintain its $2 support as newly introduced ETFs send mixed signals. On November 13, U.S. spot ETFs experienced net outflows totaling $866.7 million, since their launch in January 2024. This sell-off was intensified by macroeconomic headwinds and profit-taking. Bitcoin's price dropped to $94,890.52, its lowest since early May 2025, while XRP, despite falling 4.3%, has so far .

This market upheaval is part of a broader risk-off movement. Over the past three weeks, Bitcoin ETF redemptions have reached $2.6 billion, with Grayscale's Bitcoin Mini Trust and BlackRock's

leading the outflows . Harvard University has invested $443 million in BlackRock's IBIT, to Bitcoin, standing out against the general move toward cash and gold. Meanwhile, the first U.S. spot XRP ETF (XRPC) , yet XRP's value remains under strain, trading close to $2.22 as derivatives markets continue to indicate stress .

Bitcoin Updates: XRP ETFs See Increased Investments While Price Drops Close to $2 During Bitcoin Outflow image 0
Technical analysis points to XRP's precarious situation. Although it has managed to hold the $2.00 threshold, indicate severe oversold conditions with no clear sign of a rebound. Experts caution that if XRP falls below $2.00, it could pave the way for further losses toward $1.80–$1.72, . Blockchain data adds to the worries: currently, 41.5% of XRP's circulating supply is at an unrealized loss, - those most at risk - potentially facing forced sales if the downward trend accelerates.

The introduction of the XRPC ETF has yet to restore confidence. While

by 2027, others highlight contradictory institutional activity: ETF inflows are occurring alongside broader market weakness, as evidenced by $28 million in XRP liquidations within a single day . Harvard's investment in Bitcoin and Alibaba's use of JPMorgan's blockchain for tokenized payments in institutional finance, but these advances have not yet counteracted the selling driven by macroeconomic factors.

Bitcoin's technical indicators remain negative. The cryptocurrency is now trading below important moving averages,

. Should it fail to recover the $94,253 support, . and other alternative coins have mirrored this downward pattern, and XRP's 50-day EMA presenting a short-term resistance.

Opinions are split on whether the current downturn marks a final capitulation or signals a longer period of sideways movement. The $866 million withdrawn from Bitcoin ETFs, though substantial, accounts for only 3% of total assets under management

, indicating that the ETF structure remains robust. Nevertheless, has plunged to 10, its lowest point since late February, showing deep pessimism in the market.

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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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