XRP Slides to $2.08 as Grayscale’s GXRP ETF Debut Fails to Ignite Market

XRP has experienced a decline, slipping down to a price of $2.08, following the debut of Grayscale's GXRP ETF, which unfortunately did not generate the expected enthusiasm or momentum in the market. Analysts and investors had hoped that the introduction of the GXRP ETF would spark renewed interest and lead to a significant rally in XRP's value, but instead, the launch has not had the desired effect, resulting in a notable drop in the cryptocurrency's price. As traders assess the implications of this lackluster performance, the overall sentiment surrounding XRP remains cautious. source: https://www.coindesk.com/markets/2025/11/24/xrp-slides-to-usd2-08-as-grayscale-s-gxrp-etf-debut-fails-to-ignite-market