On October 2, XRP reached approximately $1.55 before retreating to around $1.44 by the end of the U.S. trading session. It was later traded around $1.49, with a daily decline of more than 3%.
This correction automatically reduces the net asset value of XRP ETFs. These products hold tokens to reflect their price: when XRP loses value, assets under management decrease, even if investors keep all their shares.
This correction automatically reduces the net asset value of XRP ETFs. These products hold tokens to reflect their price: when XRP loses value, assets under management decrease, even if investors keep all their shares.
