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XRP News Today: XRP ETFs Draw $58M Investments During Price Fluctuations, Prompting Concerns

XRP News Today: XRP ETFs Draw $58M Investments During Price Fluctuations, Prompting Concerns

Bitget-RWA2025/11/26 05:46
By:Bitget-RWA

- Canary Capital’s XRPC ETF sees $26.5M inflows, contrasting Bitcoin ETF outflows. - Franklin Templeton/Bitwise XRP ETFs launch Nov 18-20, signaling institutional interest. - XRP stabilizes near $2 support but faces pressure from mixed technical indicators. - $15.8M ETF inflow amid volatility highlights uncertain market dynamics for altcoins.

XRP is beginning to exhibit indications of a possible large-scale trend change, as technical formations and ETF-related inflows coincide, even as the broader market remains turbulent. The Canary Capital

ETF (XRPC) has become a significant driver, recording $26.5 million in trading activity and $13 million in net inflows on its fifth day after launching on Nov. 13. This surge stands in contrast to ETF outflows, where BlackRock's iShares Bitcoin Trust experienced a $523 million withdrawal in a single session—the largest since its inception. Some analysts believe that funds are rotating from Bitcoin into alternative coin ETFs, although XRP’s price is still under downward pressure, sitting at $2.12 at press time, a 1.06% drop over the past 24 hours.

XRP News Today: XRP ETFs Draw $58M Investments During Price Fluctuations, Prompting Concerns image 0
Technical signals present a mixed outlook. XRP has steadied near important support, and the asset has entered a “favorable buying” range according to the MVRV metric. The number of active wallets has dropped by 10.2% over the past month, hinting at possible undervaluation. At the same time, : Franklin Templeton and Bitwise are preparing to introduce XRP ETFs on Nov. 18 and 20, respectively. Early investments into Canary’s —$58 million on its first day—have sparked debate over whether XRP could mirror the performance of ETFs. Still, ETF launches have produced mixed results, with some causing short-term price swings and others quickly losing relevance.

On-chain data points to increasing uncertainty.

long-term holders moving from “confidence” to “concern” as prices challenge the $2 support. Traders are divided on whether this marks a bottom or signals further caution. Technical experts see two possible outcomes: a bounce back toward $2.6 if support is maintained, or a decline to $1.5 if it fails. indicate that XRP could rally toward $3.4–$3.5 if buyers regain momentum.

Institutional sentiment remains unpredictable.

on Nov. 21 signals ongoing accumulation despite price softness. —with 132 million XRP held—reflect strong conviction, but outflows totaling $181.53 million on Nov. 24 raise doubts about the strength of support. Ripple’s , detailed by CTO David Schwartz, introduces more uncertainty. Although technically feasible, these changes are long-term plans and may not resolve immediate liquidity issues.

Wider macroeconomic factors add complexity to the outlook.

could boost liquidity for altcoins, potentially helping XRP stabilize. On the other hand, ongoing weakness in major cryptocurrencies might restrict further gains. As XRPC and other ETFs draw more attention, the next few weeks will reveal whether institutional interest can counteract technical vulnerabilities. For now, XRP traders are cautiously hopeful, against a backdrop of unstable outflows and changing market 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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