XRP News Today: XRP ETFs Attract $107M Investments Despite Price Drop Amid Regulatory Doubts

XRP Rallies as Institutional Investors Pour in via New ETFs

The

market has seen a notable uptick in institutional participation after the introduction of multiple spot XRP exchange-traded funds (ETFs), with the at the forefront. Launched on November 19, 2024, the fund on its opening day, making it one of the most successful ETF debuts this year. This achievement set by the Bitwise Solana ETF, which in initial inflows. The Bitwise ETF also , indicating strong early interest.

The impressive launch of the Bitwise XRP ETF is

, which on the initial $500 million in assets. This approach, along with for XRP’s role in international payments, has attracted funds even as the wider crypto market slows. The ETF available in the U.S., including those from 21Shares and Grayscale, which are also anticipated to improve market liquidity.

Market experts

of these funds, in the U.S. and renewed confidence in XRP’s potential in global finance. platform, which leverages XRP for international transfers, is viewed as a major factor driving demand. for XRP differ, with it could climb to $26.50 by 2030 if it secures a key role in banking systems. On the other hand, that regulatory issues or rivalry from stablecoins could restrict growth, possibly by 2030.

Even with the positive momentum from ETFs, XRP’s price has

. The cryptocurrency of $2.12 as investors . that 41.5% of XRP holdings are currently at a loss, which could lead to increased selling if prices rebound. that surpassing the $2.56 resistance could spark renewed buying, while might send the price down to $1.60.

Regulation

. has paved the way for greater institutional involvement, though remain. , often called "whales," of the token supply, raising concerns about price volatility. are adopting monitoring systems to address these risks, but the SEC’s ongoing caution highlights the importance of continued regulatory compliance.

Looking forward, the growth of XRP ETFs could transform the crypto landscape by drawing more institutional money and boosting liquidity. With

nearing a conclusion and gaining momentum, XRP’s role in international settlements could further strengthen its market position. As the crypto sector faces regulatory and economic headwinds, the trajectory of XRP ETFs is likely to serve as a key measure of mainstream adoption.