Why did XRP price crash despite new ETF launches?

The XRP price crash was primarily caused by a broad crypto market selloff, led by Bitcoin's decline, which overshadowed the positive impact of new XRP ETF inflows.

How much did XRP fall today and what was its market cap?

XRP fell 8.72% in 24 hours, dropping from $2.13 to $1.91, with its market cap standing at $117.32 billion.

What does the surge in XRP trading volume during the crash signify?

The surge in XRP volume during the price drop indicates active profit-taking and trader repositioning, suggesting liquidity and interest remain strong.

Home / Business and Economy / XRP ETF Launch Fails to Stop Price Crash

XRP ETF Launch Fails to Stop Price Crash

21 Nov, 2025

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Summary

XRP price dropped to $1.91 amid a sharp crypto market selloff.
New XRP ETFs saw strong inflows, but couldn't counter the broader market crash.
High trading volume during the dip indicates active trader repositioning.

XRP ETF Launch Fails to Stop Price Crash

XRP experienced a significant price crash, falling to $1.91 and erasing nearly a month of gains. This occurred despite the highly anticipated launch of several spot XRP ETFs, including Bitwise's strong debut with $22 million in early volume. These new investment vehicles attracted substantial inflows, yet the broader cryptocurrency market downturn, triggered by Bitcoin's sharp decline, negated their positive impact.

The surge in XRP's daily trading volume to $8.07 billion during the price drop highlights active trader behavior, indicating profit-taking and repositioning rather than a loss of fundamental interest. While Ripple's CEO and Bitwise CIO hailed the ETF launches as milestones for institutional adoption, the market's overall risk-off sentiment prevailed, dragging XRP and other major cryptocurrencies lower.