XRP worth stays above the $2.10 mark regardless of current market downturns. The cryptocurrency has confronted a slight decline over the previous week, struggling to regain momentum. Nevertheless, the launch of the Bitwise Spot XRP ETF to the New York Inventory Trade in the present day has introduced out some optimism.
The 33% improve within the 24-hour buying and selling quantity suggests to some market analysts that the introduction of XRP ETF might result in a attainable rally, which takes XRP to $3 stage, ought to the bullish temper proceed.
Bitwise Launches Spot XRP ETF on NYSE Arca
Bitwise has formally opened its long-awaited spot XRP exchange-traded fund (ETF) and can be traded in the present day, Thursday, on the New York Inventory Trade Arca. The ETF can be traded with the ticker image of XRP, which can be a milestone within the cryptocurrency market.
Bitwise has termed the launch as a historic occasion. It can allow traders to entry regulated entry to spot XRP with out self-custody. The corporate desires to familiarize extra conventional traders with XRP.
The product has a administration charge of 0.34%. This charge can be exempted within the first month. The beginning asset is $500 million. This setup mirrors the Bitcoin and Ethereum spot ETFs of the agency. The agency additionally registered the belief in Delaware.
They have been each registered with the U.S. Securities and Trade Fee (SEC).
Massive information: The Bitwise XRP ETF is ready to start buying and selling on NYSE tomorrow with the ticker $XRP.
It has a administration charge of 0.34%, which is waived for the primary month on the primary $500M in belongings. This product brings traders spot publicity to XRP, the crypto asset that goals to… pic.twitter.com/0GLR37NnuI
— Bitwise (@BitwiseInvest) November 19, 2025
XRP ETF Sparks Discussions on Ticker Confusion
The number of the ETF ticker by the title XRP has been an space of concern. Different analysts concern that it may be complicated. The cryptocurrency and the ETF are each referred to as XRP. Such overlap might confuse the merchants by complicated one with the opposite when trying on the worth charts.
This confusion can necessitate a evaluate by the members of the market to substantiate that they’re taking a look at knowledge of a token or an ETF.
Whales Dump 190 Million XRP Tokens
Up to now 48 hours, Whales have offered 190 million tokens of XRP in a colossal sell-off. This flurry of promoting exercise has been accompanied by an acutely falling worth of XRP based on the info of Santiment.
The chart reveals that there’s a sturdy downward motion, which is a big issue that impacts the market efficiency of the cryptocurrency as a result of whales’ actions. These modifications are intently monitored by traders, who’re anticipating extra volatility to happen within the close to future.
190 million $XRP offered by whales within the final 48 hours! pic.twitter.com/nB0P7jADCx
— Ali (@ali_charts) November 20, 2025
Is XRP Worth Prepared for a Bullish Reversal After Current Downtrend?
The XRP worth plunged at $2.11 as of November 20, 2025, marking a slight improve of 0.03%.
The RSI is 35, which is barely decrease than the impartial 50, with a bearish bias that’s delicate.
The MACD shows a bearish crossover because the MACD line lies under the sign line, indicating the short-run downtrend. This sentiment of promoting has been largely unfavourable, because the histogram has confirmed.
Nevertheless, if XRP fails to keep up the help at $2.00, additional draw back dangers might convey the worth nearer to $1.80 or decrease.
