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XRP ETF debuted yesterday, November 13th, on Canary Capital’s spot, with over $250 million in inflow. However, despite being the largest crypto ETF debut of 2025, it failed to prevent XRP price from crashing.
XRP price is trading at $2.32, a 4% drop in the past 24 hours triggered by Bitcoin's pullback. XRP couldn't pose any resistance despite reaching a significant milestone, its ETF launch.
Disappointed investors are diversifying into an emerging payment token, RTX, which is gaining ground on Ripple and is set to challenge XRP's dominance.
The highly anticipated XRP ETF debuted yesterday, and Investors poured nearly $250 million into Canary Capital’s spot XRP ETF, marking the largest crypto ETF debut of 2025.
Nate Geraci, co-founder of the ETF Institute and President of the ETF Store, said that “Canary XRP ETF posts the highest day one trading volume out of 900+ ETF launches this year, with nearly $250 million inflows.”
Surprisingly, XRP price crashed today, joining the broader market's bearish rally. Investors who bought into the ETF believed that the milestone would hedge the XRP price against the market; however, the token couldn't withstand the pressure.
Also, remember Ripple announced a partnership with Mastercard and Gemini to enable stablecoin payments for credit card transactions. This move is a major corporate win that positions XRP deeper into financial rails, yet XRP's price plummeted.
Smart investors are disappointed and liquidating their XRP holdings to position in Remittix (RTX).
While Ripple (XRP) focuses on institutional-level transactions, Remittix focuses on facilitating daily and retail transactions. Remittix enables users to send over 40 supported cryptocurrencies, deposited as fiat, directly into bank accounts across more than 30 countries.
It leverages local payment networks and blockchain technology to bridge a $19 trillion payment gap between local businesses and cryptocurrency holders. Remittix also has APIs designed to help merchants and freelancers process crypto payments seamlessly.
Remittix highlights:
A full CertiK audit has been completed, and liquidity and team tokens have been locked for a period of three years.
Remittix offers a referral program where users earn a 15% bonus on their referee's presale purchase in USDT.
Designed for both crypto natives and non-crypto users, it can be used by business owners, freelancers, and remitters.
Remittix is set to compete with XRP and Stripe, as it is designed for cross-border payments.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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