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XRP News Today: Despite Record Inflows into XRP ETF, Token Experiences 4.3% Decline

XRP News Today: Despite Record Inflows into XRP ETF, Token Experiences 4.3% Decline

Bitget-RWA2025/11/18 01:10
By:Bitget-RWA

- 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

ETF was introduced, . Canary Capital’s saw net inflows of $245 million and a trading volume of $58.6 million during its debut, . However, XRP’s price movement went against predictions, , wider macroeconomic headwinds, and institutional sell-offs as main reasons for the unexpected outcome. Although the ETF launch was celebrated as a significant step for XRP adoption, it did not manage to steady the token’s value. , which was caused by substantial liquidations in derivatives—$28 million in XRP positions were cleared in a single day, with long positions making up 89% of the losses. The token’s decline reflected a broader downturn in the crypto sector, and the overall crypto market cap fell by 4% to $3.2 trillion.

XRP News Today: Despite Record Inflows into XRP ETF, Token Experiences 4.3% Decline image 0

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,

made it harder to see immediate buying activity on public markets. Marzella also pointed out that similar trends were seen during Bitcoin’s ETF introduction in 2024, .

Although XRPC’s inflows reflected robust institutional appetite, the broader market environment lessened its effect.

left it susceptible to large-scale selling by major holders. In the day after the ETF went live, $336 million worth of XRP was taken off exchanges, suggesting accumulation by big investors. Still, this did not offset the prevailing risk-averse mood, to $3.71 billion.

The ETF’s strong performance also underscored changing institutional strategies.

, with its $245 million in inflows exceeding BlackRock’s IBIT ($111.7 million) and Bitwise’s BITB ($237.9 million). However, ETFs experienced $866 million in outflows that same day, , marking the second-largest daily withdrawal ever recorded. and significant selling by major crypto holders.

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,

—which lets ETF shares be swapped directly for XRP—could intensify buying as settlement funds build up.

At present, XRP is holding at a crucial support level near $2.

could lead to further losses, while a move above $2.30 might indicate a return of bullish sentiment.

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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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