Well, well, well. Look who’s stealing the spotlight now! The Canary Capital XRP ETF just sashayed into 2025 like it owns the place, outshining every other ETF launch with a cool $250M in inflows. 💃✨ Yes, you read that right. While everyone else was sipping their lukewarm crypto tea, XRP ETF was downing a $58M trading volume shot on its first day. Take that, 900 other ETFs! 🥂
According to Bloomberg’s Eric Balchunas (aka the ETF whisperer), this is the most successful debut of the year. Crypto or traditional, no one’s touching this. And Nate Geraci? He’s over there explaining the magic of in-kind creations like it’s a Netflix tutorial. “Oh, you thought $59M trading volume was all? Sweetie, that’s just the tip of the iceberg. The real party’s in the $250M inflows.” 🧊💸
So, what’s the secret sauce? In-kind redemption, darling. It’s like swapping your old jeans for a designer handbag, except the handbag is XRP tokens. The SEC gave it the green light back in July, and now everyone’s acting like they saw it coming. 🙄
Smart Money Traders: “XRP? Yes, Please!”
Meanwhile, the “smart money” traders (aka the cool kids of crypto) are all like, “XRP? Yes, please!” They’ve piled $44M into net long positions in the last 24 hours. Bullish? More like bull-ish. 🐂💼 But Solana? They’re still side-eyeing it with $55M in short positions. Sorry, SOL, maybe next time.
Ryan Lee from Bitget is over here calling it a “healthy reset,” not the apocalypse. “XRP’s holding at $2.30, looking stable but feeling a bit emo about liquidity.” Yeah, we’ve all been there, Ryan. 😢 But hey, once confidence bounces back, SOL and XRP are ready to slay. Watch this space.
“For now, the setup looks like a healthy reset, not the end of the cycle, with both SOL and XRP well-positioned to lead the next wave once confidence snaps back.”
Oh, and Bitcoin ETFs? They had a rough Thursday with $866M in outflows. Second-worst day ever. Ouch. But hey, XRP’s here to save the day. Or at least steal the show. 🎭
Read More
- USD VND PREDICTION
- 💸 Bitcoin’s Bleeding: A Crypto Tragedy with a Side of Dark Humor
- PENGU PREDICTION. PENGU cryptocurrency
- ETH PREDICTION. ETH cryptocurrency
- EUR USD PREDICTION
- Coinbase’s Magical Announcement Sends Two Altcoins Soaring 🚀💰
- USD CNY PREDICTION
- Gold Rate Forecast
- Bitcoin’s Bull Flag Drama: Will It Soar or Snore? 🐂📉
- AAVE PREDICTION. AAVE cryptocurrency
2025-11-14 14:52