💥 XRP Spot ETF Launches, But Price Still Drops!
Even though Franklin Templeton and Grayscale launched XRP Spot ETFs on the NYSE 🚀, XRP price fell below $2 😱
On-chain data from Glassnode shows only 57% of holders in profit, while 30-day realized losses hit $75M/day 📉
Analysts say that although the ETFs are approved, the market remains weak — possibly due to poor timing or low holder confidence 💭
Key takeaway: ETFs alone aren’t enough to push the price. Keep an eye on institutional inflows + market sentiment for potential recovery signals.
💭 What do you think — can XRP bounce back from this selling pressure? Drop your thoughts below! 👇
