The post XRP Spot ETFs Launched, But Why Is Price Still Below $3? appeared on BitcoinEthereumNews.com.

XRP ETF debuted at $37.7 million; Dogecoin ETF added $17 million. Analysts expect tens of billions could flow into XRP ETFs this year. XRP trades at $3.01; breakout above $3.12 could reach $3.30 plus. XRP investors are asking a blunt question: why is the token still under $3 even after the launch of its first U.S. spot ETF? This week the XRPR ETF debuted with $37.7 million in day-one trading, the strongest ETF launch of 2025. A newly launched Dogecoin ETF recorded $17 million. Combined, over $54 million traded in the first session. Related: XRPR’s Hybrid 1940 Act Debut Delivers $37.7 Million, Beating All Altcoin ETF Starts Yet XRP is stuck around $2.98, with bulls unable to clear the $3 mark. Institutional Inflows Could Shift the Picture Analysts say early inflows are modest, but institutional demand could grow in Q4. Zach Rector said that tens of billions of dollars could eventually flow into XRP ETFs. Q4 about to be massive! ETFs, DATs and Institutional Adoption all pushing XRP up to finish the year! — Zach Rector (@ZachRector7) September 20, 2025 That puts October on watch. Grayscale, 21Shares, Bitwise, Canary Capital, WisdomTree, Franklin Templeton, and CoinShares all have spot XRP ETF applications in the pipeline. Final deadlines arrive next month. XRP Expands Into DeFi While ETF demand builds, XRP is also pushing deeper into DeFi.  Enosys announced the first XRP-backed stablecoin via its upcoming Enosys Loans protocol on Flare, a fork of Liquity V2. That lets XRP holders mint stablecoins without selling their tokens. Related: XRP Holders Can Now Mint Stablecoins on Flare with Enosys’ New Loan Protocol XRP Price Action and Technical Outlook XRP is currently trading at $2.98, with support near $2.95 and resistance at $3.12. Analysts have said that  a clear breakout above $3.12 could push prices toward…

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Filed under: News - @ September 20, 2025 1:26 pm