🪙 The first US spot ETF
$XRP ETF has fallen more than 20%
The first US spot XRP ETF (ETF) has dropped over 20% from its post-launch peak, despite strong initial institutional demand.
In this context, the XRP Canary ETF, traded on Nasdaq under the ticker XRPC, closed the last session at $20.26, down approximately 23.9% from the time of launch.
Interestingly, this ETF surged to the mid-$26 range after launch before reversing lower. At the same time, XRPC has fallen about 8.5% in the latest session and declined more than 10% over the past five trading days.
Although the ETF remains slightly posi