XRP sees investor demand rise during one of the largest outflow runs since 2018

XRP's price has dropped to $2.08 following the debut of Grayscale's GXRP ETF, which failed to stimulate market interest. This decline reflects ongoing volatility in the cryptocurrency market, exacerbated by broader economic factors and investor sentiment.

BlackRock has made substantial deposits of $321 million in Bitcoin and $102 million in Ether to Coinbase Prime, signaling a notable shift towards the integration of digital assets within traditional financial frameworks. This move underscores the growing institutional interest in cryptocurrencies as viable investment options.

XRP has seen a significant decline in price, raising concerns among holders about Ripple potentially needing to sell more of its XRP reserves to sustain operations. Ripple's CTO, David Schwartz, addressed these concerns on social media, asserting that falling prices do not necessarily compel the company to increase token sales, especially with the introduction of their RLUSD stablecoin.

Crypto funds experienced a significant outflow of $1.9 billion last week, contributing to a total of $4.9 billion in outflows over the past four weeks, indicating a growing caution among investors in the cryptocurrency market.

Arthur Hayes has indicated that Bitcoin's price could stabilize around $80,000 amidst anticipated changes in Federal Reserve policy, which may influence global liquidity and market confidence. This forecast comes as Bitcoin has shown resilience at this price point, suggesting a potential shift in investor sentiment.

Dogecoin has shown signs of a potential recovery, as crypto analyst Bitguru identifies a bullish trend that has previously led to significant price rallies. This trend involves a pattern of price crashes into demand, followed by consolidation, and ultimately a rally. Currently, Dogecoin is in a consolidation phase, which may set the stage for another upward movement.

Grayscale has announced the launch of its Dogecoin and XRP exchange-traded funds (ETFs), which are set to begin trading on the New York Stock Exchange (NYSE) on November 24, 2025. This marks a significant milestone for Grayscale as it expands its product offerings in the cryptocurrency market, allowing investors to gain exposure to these popular digital assets.

Grayscale's Dogecoin and XRP exchange-traded funds (ETFs) have received approval for listing on the New York Stock Exchange (NYSE), with trading expected to commence later today. This marks a significant milestone for Grayscale as it expands its product offerings in the cryptocurrency market.