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XRP News Update: Institutional Investments in XRP ETFs Climb While Death Cross Indicates Potential Downturn

XRP News Update: Institutional Investments in XRP ETFs Climb While Death Cross Indicates Potential Downturn

Bitget-RWA2025/11/18 07:22
By:Bitget-RWA

- Canary Capital's first U.S. XRP ETF launched on Nasdaq, driving 3.28% price surge to $2.48 before retreating to $2.15. - Combined XRP ETF inflows exceeded $245 million initially, but trading volumes dropped 55% as retail enthusiasm waned. - Technical indicators show a "death cross" pattern and $343M large wallet transfer, signaling bearish momentum risks. - Market remains divided between institutional adoption potential and short-term volatility, with XRP near critical $2.15 support level.

XRP, the cryptocurrency created by Ripple, experienced varied price movements this week as the first U.S. spot

exchange-traded fund (ETF) made its debut, reflecting rising interest from institutional investors. The , operated by Canary Capital, on November 13, 2025, after securing all necessary regulatory clearances. This ETF is notable for being fully backed by XRP, with no dependence on offshore holdings, representing a major step for integrating crypto into mainstream finance. , the ETF’s launch was accompanied by a 3.28% jump in XRP’s price to $2.48, though it later settled above $2.15, maintaining an overall upward trend.

The arrival of this ETF has led to comparisons with

and ETFs, with experts suggesting it could encourage more institutional capital. Steven McClurg, CEO of Canary Capital, in its opening month, potentially ranking it among the top 20 ETF launches ever. Early figures back this outlook: for XRP ETFs, including those from Franklin Templeton (EZRP) and Bitwise, surpassed $245 million. However, by 55% from its peak, indicating a decrease in retail investor excitement.

Despite strong institutional participation, XRP’s price has encountered resistance. The asset

to $2.16, slipping below the $2.20 support as the wider crypto market softened. on the blockchain—linked to a BitGo wallet—has sparked speculation about major positioning ahead of the ETF’s launch.
XRP News Update: Institutional Investments in XRP ETFs Climb While Death Cross Indicates Potential Downturn image 0
At the same time, about a "death cross" pattern, where XRP’s 50-day moving average dips below its 200-day average—a signal often associated with bearish trends.

Given the article’s focus on momentum and moving averages, strategies centered on indicators like MACD or RSI may be most relevant for XRP. Market sentiment remains split. On one side, ETF-related inflows and institutional engagement—

and new partnerships—point to possible long-term gains. On the other, short-term price swings continue. that previous weekly closes below XRP’s 50-week simple moving average (SMA) preceded sharp declines, including a 57.7% drop in 2018 and a 74% fall in 2022. The current price action suggests similar risks, with XRP trading just above $2.15—a key level. Staying above this threshold could lead to a recovery toward $2.28–$2.30, while falling below may trigger a slide toward $1.98.

The overall performance of the crypto sector will also shape XRP’s short-term prospects.

and increased volatility have weighed on altcoins, making bullish ETF stories harder to sustain. Still, XRP’s distinct role as a cross-border payments solution with rising institutional interest continues to draw investors. into XRP ETFs highlights its attractiveness as capital shifts away from Bitcoin and Ethereum.

As the market processes these changes, traders are monitoring upcoming ETF developments and Bitcoin’s stability. For XRP, its future will depend on how well it can balance institutional optimism with technical vulnerabilities—a dynamic that will shape its place in the changing crypto environment.

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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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