Crypto investors refuse to sell XRP ETF tokens despite a 25% price crash
Photo: CryptoSlate
XRP traded near $1.29 on Oct. 29, roughly a quarter below the estimated acquisition cost of the exposure accumulated in US-listed XRP funds. Yet the latest settled data show only a small, concentrated decline in the group of funds with published flows. Data tracker XRP Insights puts modeled acquisition cost at about $1.71, with its flow series recording a net reduction of about 2.96 million XRP over Oct. 26-28. Comparing Oct. 23 and Oct. 28 balances for the same group puts the decline at roughly 0.26%, leaving most existing exposure in place.
Source: CryptoSlate
