The XRP price plunged 8% as the crypto market continued to slide and despite the launch of the Bitwise XRP ETF. Join Our Telegram channel to stay up to date on breaking news coverage
The XRP price has slumped 8% in the last 24 hours to trade at $1.93 as of 3.50 a.m. EST on trading volume that jumped 34% to $8.17 billion. The slump in the Ripple token’s price cam even after a solid launch by the Bitwise XRP ETF on the New York Stock Exchange with around $22 million in trading volume, marking an important milestone for investors seeking regulated access to this altcoin.
🚨 JUST IN: Bitwise's spot $XRP ETF launched on NYSE, possibly igniting long-term demand and attracting institutional interest. pic.twitter.com/XuNL885v1b — RippleXity (@RippleXity) November 20, 2025
The XRP ETF launch generated excitement in the community but it failed to provide significant support for the XRP price amid a wave of selling.
BOOM: XRP ETFs from Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares just went live on the DTCC platform. Yes — they’re officially listed. The countdown to trading has begun. pic.twitter.com/De54AT8Q9R — Diana (@InvestWithD) November 10, 2025
The XRP price has been sliding all week, pushed down by whale investors offloading their holdings and retail traders fleeing in panic. Data shows that long-term investors, who had previously held through earlier rallies, are now moving to cash out as market activity spikes.
Original title excerpt and quotes preserved from the source material to reflect exact phrasing and emphasis.
Author's summary: The XRP market remains pressured despite multiple new XRP ETFs launching across major venues, signaling regulatory accessibility drawing institutional interest but insufficient near-term demand to halt the downtrend.
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