Despite the recent launch of the XRPC exchange-traded fund (ETF), which many investors anticipated would boost investor confidence and interest in XRP, the cryptocurrency experienced a notable decline of 4.3%. This downturn can be attributed to the overall weakness in Bitcoin's performance, which has historically had a significant impact on the broader cryptocurrency market. However, amidst this decline, XRP found some support as buyers stepped in to purchase the digital asset around the price level of $2.22, indicating that there is still some enthusiasm for XRP despite the challenging market conditions.
source: https://www.coindesk.com/markets/2025/11/16/xrp-falls-4-3-even-after-xrpc-etf-launch-on-bitcoin-weakness-finds-buyers-near-usd2-22