The post XRP ETF Report: Bitwise Holds the Lead as Four Funds Hit $85 Million on Monday appeared first on Coinpedia Fintech News
XRP ETFs ended Monday’s session with strong combined volume, but the competition between the four funds is already showing clear winners and losers. Bitwise stayed well ahead, Franklin Templeton accelerated through the day, Canary held steady, and Grayscale delivered a disappointing start. Together, the four funds closed Monday with more than $85 million in trading.
XRP ETFs Reach $85.7 Million by Monday Close
By the end of Monday’s trading session, the four XRP ETFs generated a combined $85,756,524 in total volume. Bitwise led comfortably with 1,452,944 shares traded for $36,599,659. Franklin Templeton followed with 965,203 shares traded for $23,666,777. Canary came in third with 783,825 shares traded for $18,772,608. Grayscale finished far behind, trading only 152,566 shares for $6,717,480.
Analyst Explains XRP’s Daily Pattern During ETF Hours
According to one analyst, XRP may follow a repeating pattern linked directly to ETF trading hours. During market hours, the price tends to move up slightly, often $0.10 to $0.20, which boosts the daily performance of the ETFs. After hours, the price often goes flat or dips. The analyst says this pattern could build momentum over several weeks, setting up a stronger price breakout later.
XRP Price Reacts to Support and Eyes Higher Levels
XRP bounced off the micro support area between $1.99 and $2.25. It touched the 38.2% retracement at $2.22 and moved up as expected. Analysts say XRP still needs to break above the $2.69 to $2.84 zone to confirm a larger trend reversal. Any pullback should ideally hold above $2.27 to $2.18 to keep the bullish structure intact.
With more than $85 million traded on Monday alone, XRP ETFs have entered the market with strong momentum, and the next sessions will show whether demand grows even further.
