XRP ETFs report $440 million in unrealized losses, holdings 25% below entry price

Spot XRP exchange-traded funds (ETFs) in the United States have accumulated a total of $1.81 billion in net inflows, yet investors are still managing estimated unrealized losses of approximately $440 million. These losses have emerged as XRP’s market price continues to trade below the funds’ modeled average acquisition level. CryptoETF Today’s recent data shows that five major XRP ETF products concluded November 3 with combined assets of roughly $1.46 billion. On the same day, XRP closed at nearly $1.28. Despite this, the estimated average buy-in cost for these funds stands at around $1.72.

Source: CoinTurk News