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XRP Down 11% as Many ETFs Prepare for Launch Week Between Nov 18-25


XRP Down 11% as Many ETFs Prepare for Launch Week Between Nov 18-25

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  • Many XRP ETFs are scheduled to launch between November 18-25, starting with EZRP.
  • XRP declined 15% since the first ETF launch, compared to Bitcoin’s 20% drop pattern.
  • Analyst questions whether XRP will match BTC’s 20% decline or follow ETH’s drop.

There are a lot of XRP exchange-traded funds scheduled to launch between November 18-25. Franklin Templeton’s EZRP leads the wave, launching on November 18, followed by Bitwise on November 20, 21Shares on November 21, CoinShares on November 22, Grayscale and WisdomTree on November 25.

XRP currently shows mixed short-term performance: up 1.0% over 24 hours but down 11.0% over seven days and 4.7% over 30 days. The token has gained 114.3% over the past year despite recent weakness.

Historical Patterns Suggest Volatility Ahead

Analyst EGRAG Crypto noted that XRP has declined 15% since the first ETF launch. Bitcoin exper…

Read The Full Article XRP Down 11% as Many ETFs Prepare for Launch Week Between Nov 18-25 On Coin Edition.

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In This News

Coins

$ 64.28K

+0.11%

$ 1.80K

+0.54%

$ 1.11

+0.53%

$ 0.00182


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