NewsBTC
Nov 19, 2025
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XRP Price Declines Despite Strong Launch of Spot-XRP ETF

Canary Capital's spot-XRP ETF debut on Nasdaq attracted significant attention with strong opening volumes. However, despite high expectations, XRP's price remained muted, not experiencing the anticipated sharp rally.

  • The ETF launch did not trigger a surge in XRP’s price, partly due to a broader crypto market decline.
  • Finance coach Coach JV emphasized understanding XRP within a macroeconomic context rather than reacting to short-term hype.
  • He advised having a disciplined investment strategy and not relying on emotional reactions to price movements.
  • There is speculation about XRP reaching $5, but Coach JV and others caution against expecting unrealistic targets.

Currently, XRP trades at $2.18, down 3.5% in the past 24 hours. The long-term impact of Spot XRP ETFs remains uncertain, especially as major issuers like BlackRock, Fidelity, and Grayscale have yet to launch their offerings.

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