XRP ETF Roars Back? Or Just a Tempting Mirage in Crypto Desert

by

In what can only be described as a scene straight out of a financial circus, Canary Capital-appearing suddenly like a benevolent magician-announced a triumphant five-act day for their XRP ETF, XRPC. The numbers read like a drunken poet’s fever dream: $26.5 million in trading volume and a modest $13 million in net inflows, as if to say, “Look at us! We’re here, we’re shiny, and people care!” 🎩✨

Meanwhile, the bitcoin ETFs are crying into their digital pillows, hemorrhaging cash faster than a failed vampire hunter: a staggering $523 million vanished in one gloomy Tuesday, marking the worst day on record for BlackRock’s iShares Bitcoin Trust. Now that’s a proper purge-a blood oath to the gods of crypto despair. 🩸

🚀 Big day five for the $XRPC ETF – over $26.5M in trading volume and $13M in net inflows!

Prospectus:

– Canary Capital (@CanaryFunds) November 19, 2025

Here’s a curious twist – while Bitcoin ETFs turn into financial ghost towns, the XRP flirts with modest success, pulling in a gentle $13 million. Like a velvet-voiced bard whispering promises of a phoenix rising, it hints at a capital ballet – perhaps a rotation, perhaps a test, or simply a well-rehearsed coy dance.

On November 13, the brave folks at Nasdaq unveiled the XRP ETF XRPC. A shining beacon-or so they hoped-in the murky swamp of crypto investment, this regulated, transparent vessel aimed to carry weary investors across turbulent blockchain waters.

Day one, XRPC went all out-over $58.5 million in trading volume, smashing records across more than 900 other fund launches, and drawing in $245 million like a magnet on steroids. It outshined Bitwise’s Solana ETF by a whisper-just $1 million short-yes, that’s the level of thrill we’re talking about. More than just numbers, it’s the universe winking-“Look at us, humans, gambling with numbers and dreams.” 🎲🌌

Is XRP about to flip the script?

Alas, the siren song of XRP’s promise fades, as if bored of attention, leading to a seven-day descent from November 11 to 17. The launch day, on paper, saw a fleeting $2.525-puffed up like a balloon-only to pop down to a lowly $2.27, as if the crypto gods had a sense of humor. 😂

But don’t despair, dear reader! Santiment, that mysterious oracle of blockchain sentiment, claims XRP might just have stumbled into what they suavely call a “good buy” zone, thanks to the MVRV indicator. It’s like finding a dollar on the pavement when you expected to find a snake. Wallets are in red, pain levels are high, but perhaps this chaos is just the universe’s way of saying, “Time to buy low, sell high-rinse and repeat.” 🛁💸

As of now, XRP has dipped 1.06% to $2.12 in the last 24 hours-and yes, in the grand weekly saga, it’s down 15%, turning the chart into a roller coaster best suited for thrill-seekers and junkies alike.

Read More

2025-11-20 17:18