XRP ETF holders keep tokens despite 25% price drop
- —Modeled acquisition cost for XRP funds is about $1.71 versus a spot price near $1.29
- —The 2.96 million XRP decline over Oct. 26-28 equals just 0.26% of holdings
- —Oct. 28 added roughly 174,140 XRP, partly reversing the earlier drop
- —Six products hold about 1.17 billion XRP in combined exposure
Why it matters: The data suggest ETF investors are holding through losses rather than capitulating, keeping a key demand channel for XRP intact.
Source: CryptoSlate