Price Model

XRP Spot ETF: Was the ‘XRP Army’ or Institutions the Decisive Force? – cover image
XRP Spot ETF: Was the ‘XRP Army’ or Institutions the Decisive Force?

The arrival and early strength of spot XRP ETFs reflects a mix of retail activism and institutional plumbing; both played complementary but distinct roles. This article weighs Bitwise CIO’s comments, early ETF flows and price models to explain what the hybrid driver means for price discovery and future ETF competition.

Published at 2025-11-17 17:31:16