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no one’s talking about this: XRP’s wild ride causing US spot ETFs to tank 20% 📉🔥 XRP
wait why is xrp crashing and how come the spot etf dropped 20% 🫠🧐
bro, XRP is tanking 📉… ETFs are in freefall 💀… whales be ghostin’ 🐋… but
classic case of XRP rollercoaster: whale behavior drives ETF volatility, with sideways price action fueling bearish sentiment and fund drops, all while
The price of XRP fell, affecting US spot ETFs tied to the altcoin. Canary Capital’s XRP fund dropped by 20% since launch, remaining the largest in assets under management. XRP traded near $2, causing bearish sentiment. The XRP ETF by Canary Islands fund saw a crash due to XRP’s sideways movement. Data shows Canary’s XRP ETF down 20% since November 13 launch. XRP whales are bearish, with decreased transactions. XRP ETFs have ongoing daily net inflows despite market fears. XRP funds are approaching $1 billion in assets under management. Positive signs show XRP exchange outflows exceeding inflows. Santiment noted a decrease in whale wallets but an increase in coins held on XRP Ledger. Altcoin price trades at around $2.07 according to CoinMarketCap data.
What is happening with XRP and why has its Spot ETF dropped 20%?
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