On Monday, US spot Bitcoin ETFs recorded a net outflow of $60.48 million, indicating a cautious market sentiment ahead of key macro events in December. Although BlackRock's IBIT attracted a single-day net inflow of $28.76 million, it was insufficient to offset the overall outflow of funds. Grayscale's GBTC led with a net outflow of $44.03 million, and Fidelity's FBTC also saw an outflow of $39.44 million, further exacerbating the weak performance of Bitcoin ETFs. In contrast, the fund flows for Ethereum and altcoin ETFs were more noteworthy. Spot Ethereum ETFs saw a single-day net inflow of $35.5 million, with BlackRock's ETHA accounting for $23.7 million, indicating that institutions are accelerating their allocation to ETH assets.

21Shares is accelerating the rollout of its spot XRP ETF. According to the latest filing submitted to the U.S. Securities and Exchange Commission (SEC), the issuer has made a fifth amendment to the S-1 document, completing key pre-listing adjustments and reducing the management fee from 0.50% to 0.30% to enhance market competitiveness. The ETF is currently expected to be listed on the CBOE BZX Exchange under the ticker symbol "TOXR," but is still awaiting final approval. The 21Shares XRP ETF will join an expanding lineup of XRP ETFs alongside institutions such as Canary, Grayscale, and Bitwise. As the total assets under management (AUM) of spot XRP ETFs approach $1 billion, market competition is intensifying. Bitwise, Franklin Templeton, and Grayscale have all introduced various management fee waivers, with Franklin Templeton’s XRPZ offering the lowest fee at just 0.19% and the longest waiver period. In comparison, 21Shares has yet to announce any fee waiver policy.

According to SoSoValue data reported by Jinse Finance, the US spot Solana ETF saw a total net outflow of $1.18 million yesterday, while the US spot XRP ETF recorded a total net inflow of $38.04 million yesterday.

Luke Judges, Ripple’s Global Head of Partnerships, pointed out that XRPL needs to learn from Solana’s execution speed, developer experience, and market strategy in the Layer 1 competition. He believes that success comes from “pragmatism and speed,” and emphasizes the importance of improving developer tools and decentralized risk management. Although Ripple CTO David Schwartz values XRPL’s reliability and stability, Judges believes that XRPL’s strategy should focus on enhancing the developer experience and accelerating technology implementation.

Ripple completed a share sale of approximately $500 million in November, with investors including several well-known institutions. Assessments indicate that most of its net assets come from XRP. The financing round included protective provisions and liquidation preferences. XRP has fallen about 16% since October, and Ripple stated that there are currently no plans for an IPO.

The digital asset ETP market recorded $716 million in inflows last week, indicating a significant improvement in investor risk appetite. Total assets under management (AUM) rose to $180 billion, rebounding 7.9% from the November low. Although the overall scale remains below the historical peak of $264 billion, net inflows have been maintained for two consecutive weeks, reflecting a gradual recovery in market confidence. In terms of regional distribution, the United States continues to lead, attracting $483 million in inflows. Germany and Canada follow closely, recording $96.9 million and $80.7 million respectively. This indicates that the current wave of capital inflows is spreading globally rather than being driven by a single region.

Ripple's stablecoin RLUSD recently saw its market cap on Ethereum rise to around $1.1 billion, making it one of the fastest-growing cross-chain stablecoins. This breakthrough has attracted widespread attention in the crypto industry, with analysts believing that multi-chain deployment has become one of Ripple’s most important strategic decisions this year. Analyst Wendy O pointed out that deploying RLUSD on both Ethereum and the XRP Ledger (XRPL) is Ripple’s “smartest move,” as the crypto industry is moving toward a comprehensive multi-chain ecosystem. She believes that more and more projects will follow RLUSD’s approach to enhance the usability and cross-chain interoperability of their own assets.

With Bitcoin holding above $91,000, XRP has seen strong buying interest at the $2 psychological level. Latest data shows that after breaking through a key support, XRP's trading volume surged by 251% around $2, reflecting institutional funds absorbing market liquidity at this price point. The US spot XRP ETF continues to demonstrate strong appeal, with cumulative inflows exceeding $1 billion since its launch, making it the fastest-growing altcoin ETF. Although retail interest remains subdued, institutional demand is steadily expanding. The growth in ETF inflows has effectively offset the decline in open interest in the derivatives market, making the capital environment more favorable for long-term allocation.

Driven by expectations that the Federal Reserve may cut rates by 25 basis points this week, cryptocurrencies rose in tandem with Asian stock markets on Monday. Bitcoin prices edged up to around $91,300, gaining 2% over the past 24 hours and up more than 6% over the past week, continuing last week’s rebound. However, BTC still faces significant resistance near $94,000. FxPro analyst Alex Kuptsikevich pointed out that this rally is still part of a corrective structure, but if momentum continues, Bitcoin has a chance to further test the $98,000 to $100,000 range.

According to Gate News Bot, on December 8, citing CoinMarketCap data, as of press time, XRP (XRP) is trading at $2.07, up 1.36% in 24 hours, reaching a high of $2.22 and a low of $1.99, with a 24-hour trading volume of $3.036 billion. The current market capitalization is approximately $124.616 billion, an increase of $1.677 billion from yesterday. XRP Ledger (XRPL) is a decentralized public blockchain led by a global community of businesses and developers, aimed at solving problems and creating value. XRPL has proven reliability with over 10 years of flawless operation, offering simplified development, low transaction costs, high performance, and sustainability. Developers can confidently build on XRPL, advancing the most critical projects. Recent important news about XRP:

Ripple has invested approximately $4 billion this year to expand its payments and digital asset ecosystem, and has obtained significant regulatory approvals in Singapore and the UAE. However, the price of XRP remains weak, drawing market attention. On December 4, Ripple announced four major acquisition plans, including GTreasury ($1 billion), Rail ($200 million), Palisade, and Ripple Prime, aiming to integrate enterprise financial intelligence, stablecoin payments, high-speed custody, and institutional-grade liquidity to provide end-to-end payment and digital asset solutions for enterprises. In Asia and the Middle East, Ripple continues to achieve compliance recognition. The Monetary Authority of Singapore has granted it an expanded Major Payment Institution license, allowing for a broader range of regulated payment activities. The UAE's FSRA has approved Ripple's fiat-backed stablecoin RLUSD for institutional use, including collateral, lending, and prime brokerage services, further consolidating its market credibility and compliance.

According to the latest data from Santiment, social sentiment among XRP investors has dropped to its lowest point since October. Meanwhile, the price of XRP remains under pressure, recently falling to $1.92 and approaching this year's lows. While sentiment for Bitcoin is gradually returning to neutral, negative sentiment toward XRP is rapidly accumulating, making it a focal point in the market. Over the past two months, the price of XRP has dropped more than 30%, a year-over-year decrease of about 9%. Against the backdrop of a strong start to Q4 2025, XRP's trend has shifted from optimism to a deep correction. Previous sentiment peaks occurred on September 13, November 8, and November 30, during which XRP's price repeatedly touched the $2.45–$3.20 range and briefly entered the "greed zone." However, in the most recent downturn, social sentiment has shifted to intense panic, with the latest readings even lower than the panic level seen on November 21.

The cryptocurrency market is experiencing a major event today—over $4 billion in options are set to expire, involving major assets such as Bitcoin, Ethereum, Ripple (XRP), and Solana (SOL). Traders generally expect another round of significant short-term volatility in the market, and before next week’s Federal Reserve FOMC interest rate decision, the total crypto market cap may fall below $3 trillion again. In the past 24 hours, there have been $270 million in liquidations in the crypto market. Coupled with rising US Treasury yields, Japanese bonds, and gold prices, Bitcoin and major assets have come under downward pressure. Although BTC, ETH, XRP, and SOL saw a brief rebound during today’s session, the overall technical structure remains weak.

The US spot XRP ETF continues to attract capital, with net inflows for 12 consecutive days as of December 2, bringing total assets under management to $844.9 million—just one step away from the $1 billion AUM milestone. On December 1, there was an inflow of $89.65 million, followed by an additional $67.7 million the next day. Meanwhile, companies such as Invesco and Franklin Templeton have submitted applications to launch their own XRP ETFs. In comparison, the spot Solana ETF has an AUM of $651 million, while spot Bitcoin and Ethereum ETFs have $57.7 billion and $12.8 billion, respectively. In the DeFi sector, XRP is seeing new staking opportunities. The Firelight protocol, incubated by Sentora and supported by Flare, has launched an on-chain insurance product based on staking, offering yield options for XRP holders and addressing the insurance gap for over $1 billion in annual losses from exploit attacks, bringing real economic value to investors.

This week, both Bitcoin and Ethereum saw significant rebounds, but XRP continued to fluctuate within a narrow range since mid-November. Despite an on-chain indicator—typically signaling a bullish trend—reaching a three-month high, the price has yet to break out. The key reason behind this lies in the divergence between long-term holder behavior and the overall on-chain structure. On-chain data shows that the number of spent tokens has dropped sharply over the past month, plunging 91% from 186.36 million XRP on November 15 to around 16.32 million currently, the lowest level in three months. The reduction of older supply means that market selling pressure has dropped significantly, which usually helps prices stabilize or even rebound. Therefore, the rise in dormancy to a three-month high should have been a positive sign.

On December 4, Whale Alert reported that Ripple (50) transferred 46,019,328 XRP to a wallet beginning with "rnU65s," which was activated by Ripple (50). At current market prices, this transaction is valued at $101.4 million. Previously, Ripple's sub-wallet "rnU65s" transferred 46,019,328 XRP to a wallet beginning with "rpxh7h," which was activated by a sub-wallet of exchange (10). This indicates that Ripple transferred 46,019,328 XRP tokens worth over $101 million to the exchange.

Since Trump's election, the price of XRP has soared from $0.50 to $2.15, a rise of about 330%, marking its strongest performance since 2017. As the regulatory environment gradually shifts from SEC pressure to being more favorable, Ripple has once again become a market focus. But beyond the hype, what investors really care about is: does XRP actually have practical use? Currently, Ripple's cross-border payment network is its most core application scenario. The company has established over 300 financial partners in 45 countries, with related annual payment volumes reaching $15 billion. XRP already has large-scale applications in high-frequency remittance markets such as Japan, East Asia, the Philippines, and Latin America. Compared to traditional cross-border payments, XRP's advantages lie in low cost, borderlessness, and high speed, which can reduce reliance on traditional financial infrastructure.

CryptoQuant analysis indicates that the velocity metric of the XRP Ledger has surpassed its annual high, reflecting enhanced network economic activity and a significant increase in on-chain transaction volume. High liquidity suggests active market participation. Analysts warn that this surge in on-chain activity could signal major market changes, and investors should pay close attention.

Bitcoin briefly broke above $93,000, boosting the entire crypto market, but several traders warned that this move could be a “false breakout,” as market structure remains fragile and volatility is still high. The core focus of the current market is whether Bitcoin can stabilize within the key support range of $90,000–$91,000. Analysts pointed out that Bitcoin quickly pulled back after breaking $93,000, indicating a lack of bullish momentum. Bitunix analysts stated that the current trend “looks more like a choppy correction” and noted that $93,200 has become a new resistance level. If Bitcoin falls below the key support zone, downside risks may increase again.

After experiencing intense volatility, the cryptocurrency market has seen a strong rebound. On Wednesday, Bitcoin (BTC) once again broke through the $93,000 mark, with major large-cap tokens strengthening in tandem—SOL, ADA, and XRP each recorded gains of over 12%. This round of gains partially recouped the losses from nearly $500 million in liquidations on Monday. In the past 24 hours, the derivatives market saw large-scale short liquidations totaling $457 million, including $224 million in BTC liquidations and $94 million in ETH liquidations. This round of liquidations significantly deleveraged the market, making room for a price rebound and providing temporary relief from sustained downward pressure.

The U.S. Securities and Exchange Commission (SEC) recently took action against leveraged cryptocurrency ETFs, officially halting applications for several 3x and 5x leveraged products. The SEC has required issuers to either significantly revise their strategies or withdraw their applications altogether, drawing widespread attention from the market. This move not only impacts crypto assets but also affects leveraged ETFs related to high-beta stocks. Bloomberg ETF analyst Eric Balchunas stated that the SEC pointed out these products were attempting to circumvent strict VaR (Value at Risk) limits through regulatory loopholes. According to Rule 18f-4, a fund's risk exposure must not exceed 200% of the benchmark, which generally limits leverage to under 2x. The SEC emphasized that products with leverage exceeding 2x could lead to frequent termination events and significant market volatility, and therefore do not meet current risk management requirements.

According to Gate News bot, Gate market data shows that XRP has increased by 10.04% in the past 24 hours, with the current price at 2.213 USDT.

On December 2, the net single-day inflow for the US XRP spot ETF reached $67.74 million, with Grayscale GXRP and Franklin XRPZ contributing $45.78 million and $8.22 million, respectively. The total net asset value of XRP was $845 million. Meanwhile, Canary HBAR had a net inflow of $1.78 million, and Grayscale DOGE had a net inflow of $510,000.

Gate News Bot news, on December 3rd, according to CoinMarketCap, as of the time of writing, XRP (XRP) is currently priced at $2.17, with a rise of 7.56% in the last 24 hours, reaching a high of $2.26 and a low of $1.99. The 24-hour volume is $4.403 billion. The current market capitalization is approximately $130.98 billion, an increase of $9.203 billion compared to yesterday. XRP Ledger (XRPL) is a decentralized public blockchain led by a global community of businesses and developers, aimed at solving problems and creating value. With over a decade of error-free operation, XRPL offers simplified development, low transaction costs, high performance, and sustainability. It is an open, transparent, and decentralized platform where anyone can build applications. XRPL features high-performance characteristics that can process transactions in seconds.

Golden Finance reports that Whale Alert monitoring data shows that Ripple has just unlocked 1 billion XRP from an accomplice account.

On December 1st, the U.S. Spot Solana ETF experienced the largest capital outflow in history, while the Spot XRP ETF recorded a net inflow of 90 million USD. The main redemptions from the Solana ETF came from the 21Shares Solana ETF (TSOL), with a single-day net outflow of 32.54 million USD, bringing the cumulative net outflow for TSOL since its launch to 60.14 million USD. Despite the outflows, the Bitwise Solana Staking ETF (BSOL) and Grayscale Solana ETF still maintained capital inflows, with the Solana ETF's managed assets still exceeding 790 million USD. The SOL price rebounded over 3% after the capital outflow, currently trading at 127.53 USD.

XRP fell 9.5% this week, and the TD Sequential indicator issued a weekly buy signal after nine consecutive bearish lines, suggesting that the bearish trend may be weakening. Meanwhile, Ethereum's 12-hour chart recorded nine consecutive bullish lines, and the TD Sequential indicator issued a bearish signal, erasing the recent rebound gains. The two TD Sequential signals have not yet been confirmed, and traders are closely watching whether the price will reverse or continue to fall. Analyst Ali Martinez indicated that the drop in XRP price is related to technical analysis signals, as the TD Sequential indicator generated a buy signal on the weekly chart, suggesting that the trend may reverse.

This week, the payment-focused Crypto Asset XRP fell more than 6%, touching the key support level of $2, which has become a short positions fatigue zone since December of last year. If this support is broken, investors may accelerate dumping, leading to further price dips. Currently, the price still holds the support, and to turn bullish, it needs to break the descending trend line since July (around $2.50). Bitcoin is also under pressure, currently hovering near three key support levels: the continuously rising trend line from 2023 to 2024, the 100-week SMA, and the 38.2% Fibonacci retracement level from the bear market low at the end of 2022 to the recent historical high of $126,000. If these supports are broken, attention will turn to the low point close to $74,500 in April and about $70,000 below the peak of the 2021 bull market. If bulls want to maintain confidence in the bull market, they need to reclaim the 50-week moving average (approximately $102,252).

The Spot XRP exchange-traded fund (ETF) launched in the United States has accumulated 318 million XRP in less than three weeks, worth approximately $648 million at current market prices. The covered funds include Canary Capital, Bitwise, Grayscale, and Franklin Templeton, along with the REX-Osprey fund, bringing the total assets under management of the US XRP ETF to over $775 million. Canary Capital's XRPC ETF leads with nearly $347 million in assets under management and sets a record for the highest trading volume on the first day of an ETF launched in the U.S. in 2025. Canary CEO Steven McClurg stated that this strong debut demonstrates significant interest from institutional investors in regulated XRP investment vehicles and suggests that investors prefer to hold XRP through an ETF without the need to manage wallets themselves. The XRPC ETF provides secure services through institutional-grade custody while tracking the price of the native token on the XRP Ledger.

According to a report by Golden Finance, Whale Alert has monitored that 300 million XRP (worth approximately $609 million) has been locked in Ripple's accomplice account.

Vanguard will allow customers to trade cryptocurrency ETFs and mutual funds starting this week, covering assets such as Bitcoin, Ether, and others, marking a significant shift in its strategy. This change is driven by pressure from retail and institutional clients, with over 100 new crypto ETFs expected to be launched in the next six months.

XRP price fell to $2 on Monday, sparking traders' interest in the upcoming Spot XRP ETF. In the overall dumping wave of the Crypto Assets market, XRP's decline surpassed that of Ethereum and BNB, primarily influenced by the liquidation of leveraged positions and ETF expectations. Data shows a significant outflow of funds from the sector in the past 12 hours, indicating clear short-term selling pressure. Market analysts point out that this decline was not triggered by any new fundamental events, but rather typical leverage liquidation and "news dumping" effects. Traders view the Spot XRP ETF as a potential bearish factor, similar to the market reaction when Canary Capital and Bitwise launched their products. Historical experience shows that the initial listing of an ETF is often accompanied by short-term price fluctuations, followed by a possible correction.

The digital asset market has seen a significant reversal this week after experiencing a massive outflow of $5.7 billion over four consecutive weeks. Stimulated by the remarks of Fed FOMC member John Williams, market expectations for an imminent interest rate cut in the United States have heated up, resulting in an inflow of $1.07 billion into digital asset ETPs last week, making it one of the strongest capital recoveries in recent times. Despite the Thanksgiving holiday causing overall trading volume to drop to $24 billion (far below the previous week's record high of $56 billion), the U.S. market still led the world with an inflow of $994 million, with Canada ($97.6 million) and Switzerland ($23.6 million) performing notably. Germany, on the other hand, was one of the few markets to experience outflows, with capital leaving amounting to $57.3 million.

XRP, after experiencing a weak November with nearly 13%, enters December 2025 at a price of about $2.20, at a critical moment intertwined by institutional funds and long-term holders' selling. Historically, XRP's performance in December has fluctuated greatly: the average increase is 69.6%, but significantly influenced by the 818% big pump in 2017, the median return rate is -3.16%, with only moderate gains recorded in the past two Decembers. The key variable this year comes from the launch of the spot XRP ETF, attracting about 640 million USD in institutional funds, while the exchanges' XRP reserves have declined by 29% in the past month, with Binance's balance dropping to a 12-month low, indicating a reduction in circulating supply that potentially supports a rise to X levels. NoOnes CEO Ray Youssef pointed out that the initial trading volume of the ETF reached 59 million USD, indicating that this round of demand mainly comes from institutions rather than retail speculation.

Gate News Bot news, on December 1st, according to CoinMarketCap data, as of the time of writing, XRP (XRP) is currently priced at $2.03, falling 7.58% in the last 24 hours, with a high of $2.26 and a low of $2.03. The 24-hour volume reached $3.414 billion. The current market capitalization is approximately $122.636 billion, a decrease of about $10.054 billion compared to yesterday. The XRP Ledger (XRPL) is a decentralized public blockchain led by a community of global enterprises and developers, aimed at solving problems and creating value. With over 10 years of error-free operation, XRPL offers simplified development, low transaction costs, high performance, and sustainability. It is open source, allowing anyone to build on it, and is maintained by the community. XRPL features a decentralized exchange, cross

According to Jincai Finance, data shows that since the beginning of October, the open interest of XRP futures has decreased from 1.7 billion XRP to 700 million XRP, a decrease of 59%; at the same time, the funding rate has also dropped from about 0.01% to 0.001%. According to the blockchain data analysis platform Glassnode, this phenomenon marks a structural stagnation in the market's speculative interest in XRP.

CoinShares withdrew its applications for XRP, Solana Staking, and Litecoin ETF on November 28, and will gradually close its Bitcoin futures leveraged ETF. The company is merging with Vine Hill Capital through a SPAC, expected to be completed by the end of the year, at which point it will become the fourth largest encryption ETF management company in the world. The CEO stated that they will shift towards more innovative and high-profit products.

PANews, November 29 news, according to market news, CoinShares has terminated its plan to launch three single-asset Crypto Assets ETFs in the United States. This cancellation involves the proposed issuance funds for Solana (including stake functionality), XRP, and Litecoin.

American model Bri Tracy recently explored the role that XRP might play in the reverse yen arbitrage trading in Japan, which amounts to a staggering $4.5 trillion. Tracy pointed out that XRP has fast and programmable settlement capabilities that meet the needs of modern financial infrastructure. She emphasized that the bank for international settlements (BIS) recommends effective settlement of assets to be turned over 8 to 10 times daily to ensure liquidity, while the turnover speed of XRP far exceeds this standard. Japan's SBI Remit has already started using XRP for fast cross-border settlements. Reverse arbitrage trading refers to investors borrowing funds in low interest rate countries and investing in high-yield assets to obtain differential returns. Japan has long maintained a low interest rate, even negative interest rate environment, giving rise to a large-scale yen arbitrage trading. According to data from the Japanese Ministry of Finance, the trading scale is approximately 4.2 trillion to 4.5 trillion USD. After the Bank of Japan ended negative interest rates and raised the benchmark rate in March 2024, some arbitrage trades triggered reverse operations, with about 40% of trades closed and the remaining 60% still ongoing.

Since November 21, XRP has risen nearly 26%, but the price is hovering in a key range, with a relatively mild pump. Recently, buying pressure on the exchange has surged, while the price fall has failed to break through the support level, indicating limited selling momentum. XRP is still below the key resistance level since mid-November. If it breaks through that resistance level, the trend may reverse. The price is currently fluctuating within a descending wedge, which is usually a bullish signal. Once the buying power strengthens, the price is expected to break upward. Since November 25, the lower boundary of $2.14 has absorbed all selling attempts, and even with the 100-day and 200-day EMA completing a death cross, the price has not fallen below the support.

Recent analyst reports indicate that XRP is showing a structural trend similar to Ethereum's in 2016-2017, attracting market attention. Ethereum skyrocketed from $20 to $1,400 after a long accumulation phase that year, while XRP is currently oscillating in the $2-3 range, being considered in a similar accumulation phase. Analyst Paul GoldEagle pointed out that the rise of XRP in January this year (over 600%, to $3.40) is just the "tip of the iceberg" and the consolidation indicates a potential parabolic rise, with a price target that could reach $60, equivalent to Ethereum's historic gains.

XRP has once again become the focus of the crypto market. Industry insider Lawrence Samantha stated that with Wall Street launching several new products linked to XRP, the market capitalization of XRP, which reaches 133 billion dollars, is迎来结构性拐点, expected to rise by 65%, moving towards historical highs. Samantha pointed out in an interview with DL News: "XRP clearly has a path for significant rise, and this trend proves that its market structure is undergoing a transformation. As financial institutions accelerate their involvement in XRP, we believe it has the potential to return to historical highs." He further added that the inflow of funds, improved regulatory clarity, and the launch of multiple spot ETFs all demonstrate "exceptionally strong institutional demand."

The crypto asset management company Bitwise has submitted an updated S-1 filing to the SEC in preparation for the launch of its Avalanche ETF. The filing reveals details such as management fees, stock codes, and fee waiver policies. Driven by this news and the overall rise in the crypto market, the AVAX price has increased by more than 7% over the past 24 hours, with a weekly rise of over 17%, reported at $14.94, and the 24-hour volume has also risen nearly 15%. According to the latest documents, Bitwise plans to list on the NYSE Arca with the stock code "BAVA." The fund management fee is 0.34%, and it offers a one-month full management fee waiver or a waiver of management fees until the assets under management reach $500 million. This is similar to its other altcoin ETFs. If approved, the fund will provide investors with AVAX investment opportunities and additional rewards through AVAX staking.

In the early Asian session on Thursday, Bitcoin and major crypto assets slightly rose, but several traders believe this is more of a temporary rebound rather than a trend reversal. Bitcoin hovers around $91,000, and despite the strong stock market and a weaker dollar, the overall trend remains sluggish. The total market capitalization of crypto assets rebounded by 0.6% to $3.02 trillion, recovering only a small portion of last week's big dump losses. Recent market trends are highly correlated with the risk appetite of the U.S. market. The rise of Wall Street stocks briefly pushed digital assets higher, but selling pressure re-emerged at the close, indicating that natural buying outside the U.S. remains weak. Against the backdrop of improved global risk sentiment, declining yields, and improved liquidity, the fatigue in the crypto market is particularly pronounced.