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XRP Spot ETF attracts $778 million on its first day, with the $2.20 level becoming the dividing line between bulls and bears.

DAOplomacy

2025-11-27 09:00:20

[Coin World] On the first day of the launch of the first batch of XRP Spot ETFs in the United States, nearly 80 million XRP were directly absorbed into these products, with a total scale skyrocketing to $778 million, leaving the issuance wave of Solana far behind.

The capital flow is quite interesting: Grayscale's GXRP and Franklin Templeton's XRPZ together secured $130 million, but the real heavyweight is Canary XRPC, with a single product net inflow reaching $331 million. This wave of operations has directly tightened the circulating chips in the market, but analysts remind us—don't just pay attention to the excitement on the first day; whether the subsequent funds can continue to enter the market is the key.

In terms of price, XRP has risen by 5%, and is currently testing the 2.20 dollar level repeatedly. From a technical perspective, if it breaks through, the next target may aim for the 2.35 to 2.45 dollar range; if it fails to push past this wave, a pullback to 2.10 or even 2.00 dollars is also possible.

XRP-4.94%

SOL-2.18%

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ParanoiaKing

· 11-30 06:45

778 million in the first day is indeed ruthless, but whether it can hold above 2.20 still depends on Canary's single flight of 331 million is a bit outrageous, what is it doing? The explosive volume on the first day is one thing, the real test is whether anyone continues to buy orders next. XRP is repeatedly testing 2.20 again, breaking 2.45 or dropping to 2.0, I think it's precarious. How long can this ETF effect last? It feels like once the heat passes, it will be doomed.

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SandwichDetector

· 11-28 20:11

This round of Accumulation is a bit fierce; it all depends on whether it can break 2.2, or else it's all just false enthusiasm.

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CryingOldWallet

· 11-27 22:52

Wow, 778 million raised on the first day, this Canary is really fierce, a single 331 million directly stunned the entire scene. This key point of 2.2 dollars, if it breaks through, it will be delightful; if it doesn’t, we have to wait. Where's the ETF flow for Solana? It's being dominated by XRP. The first day was lively, but it's only a win if the subsequent funds can stay. This price range really tests people's hearts, is 2.35 really that close?

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FlashLoanKing

· 11-27 09:26

Wow, this first-day blood-sucking amount, Canary XRPC has indeed been impressive with 331 million. --- This position at 2.20 must hold, or it will all be in vain. --- Honestly, whether the first-day hype can last for several days is a question; I hope it doesn't end up like SOL, which fizzled out. --- Nearly 80 million XRP have disappeared from circulation, this tightening of chips is quite severe. --- I just want to know what retail investors can get later, it feels like institutions are about to play people for suckers again. --- Can breaking 2.35 really reach 2.45? This technical outlook seems a bit optimistic. --- Grayscale and Franklin together only account for 130 million, while Canary alone has done 331 million; this differentiation is too obvious. --- Wait, does this mean XRP is going to have another wave? I've already sold... --- A scale of 778 million on the first day is decent, but how long can it hold?

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QuorumVoter

· 11-27 09:26

780 million raised on the first day, Canary is quite aggressive this time, tightening the chips makes one worry about the follow-up.

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StakoorNeverSleeps

· 11-27 09:25

Canary directly took the biggest share this time, 331 million is no joke --- The key position at 2.20 must be broken through to count, otherwise it's just bluffing --- I can believe the 778 million on the first day, just afraid the subsequent funds won't keep up --- SOL's ETF is thrown out several streets, XRP indeed has something this time --- Tightening chips is a good thing, but we have to see if institutions dare to continue pouring money in --- It's been testing 2.20 for so long, if it can't break, I'll be bearish.

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RooftopReserver

· 11-27 09:23

Comments from the platform booking master: This order from Canary is indeed fierce, directly pouring in 330 million, but I'm still not very confident in its sustainability... 780 million on the first day, will it be a flash in the pan again? Can this 2.2 level be broken? It feels a bit precarious. Wait, can it really surge to 2.45 or will it fall back again... The ETF is wildly accumulating chips, making it even harder for retail investors to stock up, right? The first day was lively, but the key is whether anyone will continue to enter later. Hmm, why does it feel a bit similar to that wave with sol... Tightening chips is a good thing, but can the price keep up? It's annoying that 2.2 is being tested repeatedly; just break it already. Canary has already done 331 million with one product, they must be very optimistic about XRP.

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Frontrunner

· 11-27 09:15

778 million in first-day bloodsucking, Canary's methods are truly amazing, the chips are tightening and this wave is a bit ruthless.

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RugPullAlertBot

· 11-27 09:09

Canary's move is really amazing, 330 million just got sucked in like that, I see this is going to be a hard pump. If XRP can really break through the 2.2 mark, it will be interesting, otherwise it will be the prelude to playing people for suckers. Absorbing 778 million on the first day? Sounds fierce, but whether it can hold up later is the real test. Money coming in is a good thing, just see how long it can last. If the 2.2 mark can't be handled, it might directly fall back to the starting point. SOL's ETF is thrown out several streets, XRP winning this time is a bit sudden. Feels like the funds are taking a gamble, just don't know how long they can gamble.

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InfraVibes

· 11-27 09:07

778 million on the first day, this wave of Canary is quite fierce, but it feels like the possibility of weakness in the follow-up is quite high.

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