XRP Takes a Dive: Where Did All the ETF Enthusiasm Go?

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Well, well, well! It seems our dear friend XRP has decided to take a little vacation, and guess what? It’s not even sending postcards! This week saw the poor little ETF floundering like a fish out of water, attracting about as much excitement as a snooze-fest at a knitting convention.

Once upon a time, last week to be precise, there was a flicker of hope-a spark of life! But alas, that shiny dream has now tumbled down the rabbit hole, dragging the price down a whopping 10%. Quite the dramatic twist, wouldn’t you say?

Where on Earth Did the Ripple ETF Demand Disappear?

Just a few moons ago, Canary Capital’s XRPC strutted into town, greeted with open arms and a thunderous applause that shattered trading volume records! It was all glitz and glamour until, poof! The interest evaporated faster than a magician’s rabbit. Suddenly, it’s been more stagnant than a pond in mid-summer, with some weeks dipping deep into the red. Talk about a plot twist!

For instance, investors played a game of “musical chairs” with $40.64 million disappearing during the week ending January 23, followed by another $52.26 million the next week-what a thrilling show! Then came a glimmer of good news with $39.04 million in net inflows, but that joy was short-lived. The crowd has since vanished, leaving only echoes of “where did everyone go?”

On February 11, the ETFs had the audacity to report absolutely nothing! A big fat “$0.00” for the first time ever, as if they were on strike or playing hide-and-seek! Last week was even worse, with two days of crickets chirping. Only a measly $2.21 million went out on February 18, while February 19 saw a tepid $4.05 million trickle back in. Oh, the suspense!

With a national holiday throwing a wrench in the market’s gears, half of the business days ended up with zero trading actions. And surprise, surprise, the cumulative net inflows are as flat as a pancake at $1.23 billion. What a thrilling saga!

XRP Price Takes a Nosedive

In a twist worthy of a fairy tale, Ripple’s native token decided to jump up like a jumping bean last weekend, soaring to a dazzling peak of over $1.65! But just like Cinderella’s carriage turning back into a pumpkin, that price surge was short-lived, and it swiftly returned to $1.40, occasionally dipping below that-a real roller coaster ride!

As we speak, the brave little token is clinging on for dear life, yet still finds itself over 10% down for the week. Meanwhile, ETF investors are like a bunch of grumpy cats, showing zero enthusiasm for this asset. Data from the esteemed analyst CW suggests that short traders have taken over the XRP realm, ruling it like the kings of doom and gloom.

But hold your horses! A recent report from Santiment claims that XRP might actually be hiding its true value, according to the mystical 30-day MVRV ratio. With realized losses shooting up, who knows-a price rebound could be on the horizon! Just look back to 2022 when such losses led to a jaw-dropping 114% surge. Now that would be a plot twist worth watching!

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2026-02-22 15:32