The divergence suggests concentrated buying interest tied to the new investment vehicle rather than broader market momentum.
The fund’s approval carries weight beyond its trading metrics. The Securities and Exchange Commission maintained active litigation against Ripple Labs for five years before settling three months ago.
Following the decision, XRPC is the first XRP public spot investment product registered under the Securities Act of 1933.
“Hard to describe crypto regulatory shift over past year. Night & day.”
The launch tests whether institutional demand for XRP exists, despite the SEC’s years of creating a scenario of legal uncertainty for Ripple, which only recently started to change.
