XRP ETF Debuts with Heavy Volume as Prices Slip on Launch Day
The newly launched XRP spot ETF opened with robust trading volume on Thursday, making it one of 2025's busiest crypto ETF debuts, yet XRP's spot price fell on launch day. Heavy turnover indicated strong interest from both institutional and retail buyers, but large selling flows and market-maker hedging appeared to counteract upward price pressure.
Analysts say short-term profit-taking, aggressive hedging and the mechanics of ETF creation and redemption can delay any direct price impact from ETF inflows. The launch matters because it tests whether sustained ETF demand will tighten available supply of XRP or simply provide a smoother vehicle for institutional exposure. Investors and traders will be watching daily fund flows, NAV premiums and secondary-market behavior to see if the ETF becomes a durable price catalyst or mainly a new trading conduit.