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XRP News Today: XRP ETFs Offer Long-Term Optimism Amid Intensifying Short-Term Downtrend

XRP News Today: XRP ETFs Offer Long-Term Optimism Amid Intensifying Short-Term Downtrend

Bitget-RWA2025/11/25 22:02
By:Bitget-RWA

- XRP price fell below $2 despite new spot ETFs, with open interest hitting November 2024 lows amid crypto outflows and bearish sentiment. - Bitwise and 21Shares launched XRP ETFs, but $22M first-day volume failed to offset 7% price drop and whale-driven selling of 200M tokens. - SEC approvals enabled ETFs from Franklin Templeton/Grayscale, yet derivatives data shows $473M Binance open interest decline and negative funding rates. - Analysts note ETFs could attract institutional capital long-term, but short

The

market is experiencing renewed downward pressure, as open interest has dropped to its lowest point since November 2024. This comes amid widespread outflows from the crypto sector and a prevailing bearish mood. Even though several spot XRP ETFs have recently launched—initially seen as potential drivers for institutional involvement—the token has , slipping beneath the important $2 threshold.

Bitwise and 21Shares have joined other companies in rolling out spot XRP ETFs in the United States, with Bitwise’s fund

. The ETF saw $22 million in trading volume on its first day, signaling a promising launch. Nevertheless, XRP’s price , erasing the gains many expected from the ETF’s introduction. , including a sale of 200 million XRP tokens, intensified the downward trend.

After a lengthy period of regulatory uncertainty,

and exchanges such as NYSE Arca have paved the way for new offerings from Franklin Templeton, Grayscale, and others. Experts suggest these products could eventually draw institutional money, but for now, short-term market forces are taking precedence. " , but near-term price movements are still heavily influenced by overall market sentiment and the actions of major holders," one analyst observed.

XRP News Today: XRP ETFs Offer Long-Term Optimism Amid Intensifying Short-Term Downtrend image 0
for XRP. Open interest on Binance, the world’s largest exchange by trading volume, has —the lowest since November 2024. This sharp decline points to a broader liquidity squeeze as traders exit both long and short positions. across platforms further highlight the lack of bullish conviction, with sellers dominating the scene.

highlights the trend: crypto investment funds saw $1.94 billion in outflows over the week, while XRP was among the few assets to see inflows ($89.3 million) even as and experienced outflows. Still, this relative strength has not led to a lasting price rebound. " , but the derivatives market shows little confidence," a CryptoQuant analyst commented.

From a technical perspective, XRP has not managed to recover crucial support levels, with its price

and major moving averages trending downward. that 41.5% of XRP’s circulating supply is currently at a loss, which is a warning sign for a market dominated by late entrants. Sentiment on social media, though slightly better, remains negative, with retail investors cautious about further declines .

Ripple’s investments in infrastructure and its $1 billion treasury initiative have sparked some optimism, but these moves have not yet counteracted the immediate selling pressure.

worth of XRP over the past three months, indicating long-term confidence, though short-term volatility remains high.

Although the short-term outlook is still unclear, some market watchers think the ETFs could set the stage for future capital inflows. "

that it often takes time for new ETFs to attract significant institutional investment," said ETF analyst James Seyffart. Upcoming ETFs from Grayscale and Franklin Templeton may broaden XRP’s investor base, but .

At present, XRP traders are navigating a challenging environment, balancing short-term bearish trends with the potential for longer-term growth. With open interest at multi-year lows and funding rates in negative territory, the market is preparing for either continued consolidation or a significant move.

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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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