[Coin World] In the past two months, XRP on the exchange has quietly evaporated by 45%—where have these coins gone? The answer may lie in the recently approved fifth XRP Spot ETF.
21Shares, the asset management giant managing over $5 billion, has received the green light from U.S. regulators. Interestingly, over 40,000 institutional-grade wallets have suddenly appeared in the market, seemingly reserving seats for the regulatory policies that may land in 2026.
The price has not been favorable, recently dropping by 7% and hovering around the $2 mark. However, some analysts have pulled up the chart from the 2017 bull market for comparison, suggesting that as long as it can stabilize above the $2.40 threshold, the next stop of $2.60 is not far off.
How strong can the fire of the ETF burn? From the rapid decline in positions held by the exchange, it is clear that institutional buying appetite is indeed significant. While retail investors are still observing, smart money has already started to scoop up.
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ChainMaskedRider
· 3h ago
45% evaporated? Oh my, institutions are quietly buying the dip... Retail investors haven't even realized before their money is gone.
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BearEatsAll
· 12-01 05:29
45% has evaporated... Is this what is called "institutional buying"? I believe you, not!
Can you even compare 2 dollars to 2017? The environment is completely different, okay?
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StakeOrRegret
· 12-01 05:25
45% of the coins just disappeared like that, the institutions' actions this time are indeed a bit ruthless.
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liquiditea_sipper
· 12-01 05:22
The institutions are quietly accumulating at the low levels, while retail investors are still struggling at 2 yuan. The gap has suddenly widened.
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LadderToolGuy
· 12-01 05:19
45% evaporated? I just want to know if these institutions are really optimistic or if they are playing people for suckers with us retail investors.
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0xOverleveraged
· 12-01 05:10
Is 45% evaporated? I just want to know how this institutional Wallet suddenly appeared, it feels like a deep trap.
XRP Holdings Mysteriously Disappear by 45%, The Truth Behind the Institutions Behind the Fifth ETF Bulk Purchase
[Coin World] In the past two months, XRP on the exchange has quietly evaporated by 45%—where have these coins gone? The answer may lie in the recently approved fifth XRP Spot ETF.
21Shares, the asset management giant managing over $5 billion, has received the green light from U.S. regulators. Interestingly, over 40,000 institutional-grade wallets have suddenly appeared in the market, seemingly reserving seats for the regulatory policies that may land in 2026.
The price has not been favorable, recently dropping by 7% and hovering around the $2 mark. However, some analysts have pulled up the chart from the 2017 bull market for comparison, suggesting that as long as it can stabilize above the $2.40 threshold, the next stop of $2.60 is not far off.
How strong can the fire of the ETF burn? From the rapid decline in positions held by the exchange, it is clear that institutional buying appetite is indeed significant. While retail investors are still observing, smart money has already started to scoop up.