{"id":11193,"date":"2025-09-19T08:39:23","date_gmt":"2025-09-19T08:39:23","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-slips-despite-landmark-rex-osprey-etf-launch-with-37m-debut-volume\/"},"modified":"2025-09-19T08:39:27","modified_gmt":"2025-09-19T08:39:27","slug":"xrp-price-slips-despite-landmark-rex-osprey-etf-launch-with-37m-debut-volume","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-slips-despite-landmark-rex-osprey-etf-launch-with-37m-debut-volume\/","title":{"rendered":"XRP price slips despite landmark REX-Osprey ETF launch with $37M debut volume"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP price has dropped slightly despite the long-awaited debut of the first U.S.-listed XRP exchange-traded fund, as derivatives activity pointed to fading momentum.<\/p>\n<div id=\"cn-block-summary-block_d11c9c74445951a800aca29ece3d403c\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP traded at $3.03, down 1.5%, with volume and derivatives activity declining.<\/li>\n<li>The REX-Osprey XRP ETF debuted with record $37.7M volume but muted price impact.<\/li>\n<li>Technicals show rangebound action, with support near $2.95 and resistance at $3.18.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>XRP traded at $3.03 on Friday, down about 1.5% on the day and holding within a weekly range of $2.96\u2013$3.18. While the token is up roughly 5% over the past month, it remains 16% below its July all-time high of $3.65.<\/p>\n<p>Daily spot trading volume fell 12.6% to $6.05 billion, pointing to weaker market participation.\u00a0According to Coinglass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/XRP\" target=\"_blank\" rel=\"nofollow\">data<\/a>, futures markets also showed signs of cooling, with open interest declining 0.8% to $8.87 billion and derivatives turnover falling 20% to $6.9 billion.<\/p>\n<p>This decline in derivatives activity suggests traders are trimming positions and waiting for clearer direction, limiting immediate upside momentum.<\/p>\n<h2 class=\"wp-block-heading\">REX-Osprey ETF launch and muted price response<\/h2>\n<p>The debut of the REX-Osprey XRP (XRP) ETF (XRPR) on Sept. 18 marked the first U.S.-listed fund offering regulated exposure to XRP under a 1940 Act structure. Backed by REX Shares and Osprey Funds, it provides U.S. investors with access through brokerage accounts without needing direct wallets or exchanges.<\/p>\n<p>The ETF\u2019s first-day trading volume of $37.7 million was the highest of any 2025 ETF launch, and five times higher than XRP futures ETFs at launch. However, the price response remained subdued.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Analysts point to the product\u2019s hybrid structure, mixing direct spot holdings with up to 40% in foreign ETPs, Treasuries, and hedges, which channels demand through custodians rather than visible exchange activity. This \u201cbackroom\u201d flow makes its impact less immediate compared with a traditional spot ETF under the 1933 Act.<\/p>\n<h2 class=\"wp-block-heading\">XRP price technical analysis<\/h2>\n<p>XRP is trading within a tight range. Bollinger Bands are narrowing, with the lower band at $2.71 and the upper band at $3.18. Price is holding just above the 20-day moving average at $2.95, signaling stability but also caution as volatility compresses.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">XRP daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>The majority of momentum indicators are neutral. The MACD shows a slight bullish crossover, and the relative strength index is close to 54, indicating neutral pressure. Short- to mid-term EMAs (10\u201350 day) support the price around $2.95\u2013$3.00, reinforcing this level as a key floor.<\/p>\n<p>If XRP holds above $3.00, a push through $3.18 could open a path toward $3.30 and eventually retest the $3.65 high. A close below $2.95 puts the market at risk of declining to $2.85 and perhaps the 100-day average, which is close to $2.80.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP price has dropped slightly despite the long-awaited debut of the first U.S.-listed XRP exchange-traded fund, as derivatives activity pointed to fading momentum. Summary XRP traded at $3.03, down 1.5%,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11193"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11193\/revisions"}],"predecessor-version":[{"id":11195,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11193\/revisions\/11195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11194"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}