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XRP News Today: XRP ETF Achieves Historic Debut Despite Crypto Market Downturn

XRP News Today: XRP ETF Achieves Historic Debut Despite Crypto Market Downturn

Bitget-RWA2025/11/16 05:30
By:Bitget-RWA

- Canary XRP ETF (XRPC) set 2025's debut record with $58.6M trading volume, surpassing Bitwise's Solana ETF . - XRPC attracted $245M inflows despite XRP's 5.2% price drop, highlighting institutional demand vs. spot market dynamics. - SEC's 2025 Ripple settlement enabled first U.S. spot XRP ETF, signaling regulatory clarity after 5-year legal battle. - Analysts predict $8B in potential inflows for XRPC, with XRP price targets up to $10 in 18 months. - XRPC's success reflects maturing crypto ETF market, with

The

(XRPC) has made headlines as the most successful ETF launch of 2025, even outpacing the record previously set by (BSOL) just days earlier. This fund, which mirrors the real-time value of , the fourth-largest digital asset by market cap, on its opening day, according to Bloomberg Senior ETF Analyst Eric Balchunas. This figure slightly surpassed BSOL’s $57 million debut, marking a significant milestone for XRP investment vehicles and in alternative cryptocurrencies beyond and .

Despite a sluggish crypto market overall, the ETF’s launch was explosive, with XRP’s price remaining steady while Bitcoin and

both declined. XRPC’s strong showing was driven by robust early trading: within the first half hour, , far exceeding Balchunas’ original $17 million forecast. By the close of trading, , reflecting strong demand for regulated XRP exposure. Experts attribute this surge to several factors, such as , improved macroeconomic outlook, and clearer regulatory status for XRP after a lengthy legal dispute with the SEC.

Even with the ETF’s impressive debut, XRP’s value fell 5.2% to $2.30 that day—a typical “sell-the-news” scenario. The token briefly peaked at $2.50 on launch excitement but faced downward pressure from major holders. This contrast between ETF inflows and spot price weakness illustrates the complex relationship between institutional buying and overall market mood.

, but selling in the spot market continues due to broader economic factors and profit-taking, according to a crypto analyst.

Regulation has been crucial to XRPC’s rollout. Following a five-year legal struggle, the SEC resolved its lawsuit against Ripple Labs in July 2025, paving the way for XRP ETFs. Canary Capital’s

became the first U.S. spot XRP ETF to be registered under the Securities Act of 1933, the end of a period of regulatory resistance to crypto. Ripple’s growing presence among institutions supports this view, as the company now and financial organizations worldwide, utilizing its XRP Ledger for international payments.

Looking forward,

in institutional investments over the coming year, potentially boosting XRP’s value. JPMorgan and other financial institutions have already predicted substantial inflows, with some expecting XRP to hit $10 within a year and a half. However, . The overall crypto market, now worth $3.2 trillion, has dropped 4% in the last week, with Bitcoin falling below $99,000 and Ethereum also declining.

XRPC’s debut also reflects a larger trend: the evolution of the crypto ETF sector. While 2024 saw unprecedented launches for Bitcoin and Ethereum ETFs, 2025 has shifted attention to altcoin-focused offerings. The strong starts for both XRPC and BSOL show that investors are increasingly interested in broader digital asset exposure.

in crypto investing, providing institutional-grade options for assets beyond the leading two, according to Sumit Roy, Senior Analyst at ETF.com.

As XRPC establishes itself as a frontrunner, attention will turn to whether it can maintain its initial momentum. For now, the ETF’s record-setting launch has solidified XRP’s role in institutional portfolios and paved the way for further innovation in crypto financial products.

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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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