XRP ETF Meltdown: XRPI And XRPR Hit New Lows As XRP Dumps Toward $1.16

XRP ETF Reset: XRPI, XRPR And Bitwise XRP ETF Under Extreme Selling Pressure

Spot XRP-USD Falls Back To The $1.16–$1.60 Band And Drags Every XRP ETF With It

XRP-USD is now oscillating roughly between $1.16 and $1.60 after a vertical drop of about 20–30% over 24 hours and close to 30% on the week. Prints around $1.28 marked the weakest level since November 2024, when the token jumped on Trump’s election and later spiked toward the early-January high near $2.40. That entire premium has been stripped out in a few sessions. The reset comes as the wider market unwinds: Bitcoin is trading around $63,000–$68,000 after dipping below $67,000, Ethereum trades near $1,870–$1,985, Solana hovers around $78–$85, BNB around $622–$666 and Dogecoin near $0.088–$0.09. Global crypto market capitalization has been cut to roughly $2.37 trillion from a peak above $4.2 trillion in September 2025, but XRP remains the standout loser in the large-cap group, which is exactly why the XRP ETF complex has repriced so violently.

Forced Deleveraging: $47 Million In Liquidations And $11 Billion In XRP Turnover In One Day

The intraday structure shows classic forced deleveraging rather than calm rebalancing. More than $47 million in XRP derivatives positions have been liquidated over the last day, with almost $44 million of that tied to long exposure that was simply forced out as price sliced through prior support. Across all digital assets, liquidations have reached about $1.43 billion in 24 hours. At the same time, XRP spot volume has surged roughly 57%, with more than $11 billion worth of coins trading hands in a single session. That combination of heavy long liquidations, a volume spike and a wide spread between the $1.16–$1.60 band and intraday lows near $1.28 is exactly the kind of stress that pulls XRPI, XRPR and the Bitwise XRP ETF sharply lower as market makers hedge and redemption baskets are rebuilt at new levels.

XRPI ETF Price: New 52-Week Low At $6.50 After A 21.93% Single-Day Slump

The XRPI ETF on NASDAQ closed near $6.87 after dropping $1.93 in one session, a 21.93% slide from the previous close at $8.80. During the day it traded between $6.50 and $7.92 and that $6.50 low is now the bottom of its 52-week range of $6.50–$23.53. In other words, the fund has been pulled straight to the floor of its life-to-date price band. Average volume of roughly 498,000 shares under normal conditions means this is an actively traded product, but on a washout day like this most of that flow is driven by hedging, delta adjustments and capitulation from holders who built positions in the mid-teens or above $20 when XRP-USD traded much closer to $2.40. With XRP back near $1.16–$1.60, the ETF has had to compress the entire ETF-launch and hype premium into a narrow range just above the new low.

XRPR ETF Price: REX Osprey XRP ETF Also Slams Into The Bottom Of Its Range

The XRPR ETF on BATS – the REX Osprey vehicle – finished around $9.54 after losing $3.04 on the day, a 24.17% decline from a prior close at $12.58. Intraday trading spanned $9.53 to $11.29, and the $9.53 print is now exactly the lower edge of the stated 52-week range of $9.53–$25.99. Like XRPI, XRPR is now pinned at its historical floor. Average daily volume of roughly 11,600 shares is smaller than XRPI’s but still meaningful; when XRP-USD drops around 20% intraday, any sizeable redemption, out-trade or hedge adjustment can push pricing through bids and reset the range in a single session. Both funds now sit in areas where any further XRP downside through $1.16–$1.28 will immediately translate into new ETF lows.

Bitwise XRP ETF And The Altcoin Rotation While Bitcoin ETFs See $272 Million Outflows

Flow data across crypto ETFs shows a sharp divergence between Bitcoin and alternative-asset products, which is critical context for the XRP ETF grid. Bitcoin spot ETFs recently booked a net outflow of roughly $272.02 million in one session, led by withdrawals of about $148.70 million from Fidelity’s FBTC, $62.50 million from ARKB and $56.63 million from GBTC, with additional outflows from the Bitcoin Mini Trust at $33.80 million, Bitwise BITB at $23.42 million, Vaneck’s HODL at $4.81 million and Franklin’s EZBC at $2.19 million. Total value traded across those Bitcoin funds stayed elevated around $8.59 billion, but combined net assets slipped below the psychological $100 billion mark to roughly $97.01 billion. In that context, BlackRock’s IBIT stands out as the only fund in the group recording positive flow, attracting about $60.03 million that day. In contrast, Ether spot ETFs managed a net inflow of about $14.06 million on trading volumes near $2.77 billion, with BlackRock ETHA bringing in $42.85 million, Grayscale’s Ether Mini Trust roughly $19.12 million and ETHE another $8.25 million, offset somewhat by a $54.84 million exit from FETH and $2.46 million from ETHV. XRP and Solana products pushed the divergence even further; XRP ETFs added about $19.46 million with $49.17 million traded and net assets around $1.11 billion, while Solana funds took in about $1.24 million on roughly $58.02 million in value traded. The Bitwise XRP ETF sits inside that altcoin bucket: flows have been modestly positive even as Bitcoin-focused vehicles bleed capital.

History Of XRP ETF Flows: $1.37 Billion Cumulative Inflows, A $93 Million Hit, Then Fresh Buying

The tape for U.S. spot XRP ETF products shows how quickly sentiment has swung without turning decisively negative. By mid-January, cumulative net inflows across the suite had reached about $1.37 billion even though XRP-USD was trading well below the early-January peak near $2.40. That confirmed that regulated capital was still entering the story after the first spike faded. Then, on January 30, the complex absorbed a single-day net outflow of roughly $93 million as some larger holders locked in gains or cut risk. Despite that shock, the flow picture turned constructive again in early February. One data set shows net inflows of about 12.6 million XRP at the start of the month, with total weekly inflows around 13.15 million XRP and outflows of only about 590,000 XRP. Another daily snapshot reports seven spot XRP ETFs generating $5.9 million in trading volume and net inflows of $6.9 million on a Wednesday session, even as XRP-USD was already under pressure. Against that background, XRPI at $6.87 and XRPR at $9.54 are trading at the bottom of their ranges, but the wrapper itself is still attracting capital on net rather than seeing relentless redemptions.

Bank Of America’s 13,000-Share XRP ETF Position: Small Notional, Big Signalling Effect

A key institutional data point is Bank of America disclosing ownership of about 13,000 shares in a Volatility Shares XRP ETF, a stake worth roughly $224,640 at prevailing prices. In absolute terms this is a small ticket for one of the largest U.S. banks, but the format is what matters. Exposure is taken through an exchange-traded fund, not via direct XRP-USD holdings in on-chain wallets, which aligns with how large banks prefer to interact with digital assets under current regulation. Bank of America has been linked to Ripple since at least 2019 through cross-border payment pilots and blockchain settlement tests. Adding a listed XRP ETF allocation on top of that history signals that XRP remains on the radar inside traditional finance and that the preferred access channel is the regulated ETF structure. For XRPI, XRPR and the Bitwise product, this kind of holder looks structurally closer to an anchor than a short-term momentum account.

Evernorth XRP Treasury: 388.7 Million XRP, $947 Million Deployed And A $446 Million Unrealized Loss

Evernorth’s XRP treasury strategy is another large-scale position shaping the ecosystem around XRP ETF products. The company controls approximately 388,710,631 XRP after launching as an XRP treasury in October with support from Ripple executives acting as strategic advisers. It spent around $947 million in late October to build that stash. With XRP-USD now trading near $1.16–$1.60 and having recently retested the $1.50 zone, that book is worth about $501 million and sits on an unrealized loss of roughly $446 million. Evernorth has not reported additional purchases since the initial deployment, which underlines how aggressive that timing was. The position acts as semi-permanent demand as long as the firm is not forced to unwind, but it also represents potential overhead supply if performance pressure, risk limits or funding constraints ever trigger a reduction. XRPI, XRPR and Bitwise ETFs effectively trade against that overhang: a treasury with nearly $1 billion committed at significantly higher prices and no exit yet.

Ripple’s Regulatory And Infrastructure Moves: Luxembourg EMI License And Hyperliquid Connectivity

While prices and ETF marks are under stress, the underlying XRP ETF story is being underpinned by structural developments at Ripple. On February 2, Ripple secured a full electronic money institution license from Luxembourg’s financial watchdog, giving it the legal ability to provide regulated payment services and issue electronic money across all 27 European Union member states under a single passported framework. That shifts the company from limited pilots into a fully regulated European payments player. In parallel, Ripple Prime announced support for Hyperliquid, a decentralized derivatives protocol. That integration lets institutional clients access on-chain derivatives liquidity via a single prime-style interface, combining familiar brokerage-like services with DeFi infrastructure. These moves show that the XRP ecosystem is being wired deeper into payment and capital-markets rails even as spot prices fall. Over time that matters for XRPI, XRPR and Bitwise XRP ETF holders because it increases the probability that XRP remains embedded in real payment flows and derivatives activity rather than being confined to speculative trading.

Technical Structure: Corrective Leg Between $1.50 And The $1.08–$1.09 Pocket With Targets As High As $20–$30

From a technical perspective, one Korean-certified Elliott-wave analyst describes XRP as moving through an “expanded flat” pattern. The push up toward roughly $2.40 is framed as the B-wave fake-out, with the current drop acting as the C-wave that clears out late entrants. In that mapping, the region between about $1.50 and a lower band near $1.08–$1.09 is a chaotic zone where price can spike both ways before the structure completes and a durable base forms. The roadmap still highlights an intermediate target around $6, where partial profit-taking and reassessment would make sense, and long-term extension potential out toward the $20–$30 band if the full wave sequence plays out over time. Classical momentum tools confirm that XRP is stretched. On shorter time frames, the relative strength index has dropped toward the 30 area, close to textbook oversold but not yet in a clean reversal posture. MACD lines stay below the signal with a negative histogram, showing that bearish momentum still dominates even as the pace of decline starts to moderate. For XRP ETF pricing, this means XRPI near $6.87 and XRPR around $9.54 can remain under pressure if XRP-USD probes the $1.08–$1.50 region before any sustained move toward $6 or higher.

Sentiment Shock: Fear & Greed Index At 11 And XRP As The Preferred High-Beta Shock Absorber

Market psychology has flipped fast. The CoinGlass Crypto Fear & Greed Index has dropped to around 11, deep in the “Extreme Fear” category, after briefly touching greed territory at 62 in January. That swing from optimism to panic in a matter of weeks sets the stage for outsized moves in ETF-linked products. XRP has become a preferred high-beta expression of macro crypto views: the token is liquid, wrapped in regulated ETFs, past regulatory overhang in the U.S. has eased, and narratives around cross-border payments and real-world asset tokenization remain strong. That positioning explains both the capital rotation into XRP ETFs when Bitcoin products saw $272 million in outflows and the outsized losses when the market turned risk-off. XRPI’s one-day slide of 21.93%, XRPR’s 24.17% crash and XRP-USD’s weekly drop of roughly 28% are the price of being the instrument of choice for aggressive exposure in a fear-driven tape.

Relative Position Against Bitcoin ETFs And The Role Of BlackRock’s IBIT

Compared with the Bitcoin complex, XRP ETF products are at a different stage of the positioning cycle. Bitcoin spot ETFs collectively fell below $100 billion in assets after the $272 million outflow day, and most major products in that group posted net redemptions. The exception was BlackRock’s IBIT, which added about $60.03 million, indicating that some mandates are consolidating Bitcoin exposure into a single flagship wrapper while trimming elsewhere. XRP ETFs are showing the opposite pattern: flows have stayed positive across several sessions even as prices have rolled over sharply. Ether and Solana products are seeing similar but smaller inflows. That divergence suggests that a portion of regulated capital is reducing Bitcoin-only beta and redirecting risk budgets into multi-asset digital-asset strategies where XRP, ETH and SOL share the stage. XRPI, XRPR and the Bitwise XRP ETF are central vehicles inside that rotation.

Assessment For XRPI, XRPR And Bitwise XRP ETF: High-Volatility Speculative Buy After A Capitulation Move

Combining the price action, flows and structural data points leads to a clear stance on XRP-USD, XRPI, XRPR and the Bitwise XRP ETF. Spot XRP has been hammered back into the $1.16–$1.60 band, XRPI has printed a new low at $6.50 inside a 52-week range of $6.50–$23.53, XRPR has done the same at $9.53 inside a $9.53–$25.99 range, more than $47 million in XRP derivatives – almost $44 million of it long – has been liquidated, global crypto positions worth about $1.43 billion have been flushed, and trading volumes have surged with XRP turnover above $11 billion and up roughly 57% in a day. At the same time, cumulative XRP ETF inflows have reached about $1.37 billion, early-February sessions still show net buying of roughly 12.6 million XRP with weekly inflows around 13.15 million XRP and only 590,000 XRP in outflows, Bank of America has disclosed a small but symbolically important XRP ETF stake of about 13,000 shares worth around $224,640, Evernorth holds 388.7 million XRP with a $446 million unrealized loss on a $947 million cost base, Ripple has secured an EU-wide EMI license from Luxembourg and connected Ripple Prime to Hyperliquid, and the Elliott-wave roadmap still points to longer-term upside scenarios toward $6, then potentially into the $20–$30 area if the corrective phase completes. In that configuration, the XRP ETF complex is a high-volatility speculative Buy, not a defensive allocation. Pricing near the lower edge of the 52-week ranges, visible evidence of capitulation in derivatives, ongoing net inflows into XRP ETFs and strengthening regulatory and infrastructure foundations create asymmetric upside for portfolios that can tolerate significant drawdowns and extended turbulence.

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